Industrial Leaders – Robber barons or Industrial Statesmen? The late 19th century industrial leaders have often been called "industrial statesmen" for the great economic power they brought to America. However‚ they have also been called "robber barons” since they built this great wealth by abusing the system‚ their employees‚ and destroying their competitors. These kings of industry displayed characteristics of both industrial statesmen and robber barons. But which would better describe
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example set by many European countries‚ and used industry to catapult the nation’s wealth. The lives of the general public were greatly impacted by this shift from agriculture to industry and this time became known as the Gilded Age. Railroads‚ steel mills‚ factories‚ and other forms of industry dominated the economy. One of very few men to accept this change in the U.S.‚ Andrew Carnegie overcame his humble underpinnings and became the owner of one of the largest steel companies in the nation. Many poor
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whole country and gave away much of their hard earned money. Capitalists of the nineteenth century may have been considered robber barons but they were for the most part captains of industry. The American Industrial Revolution fundamentally changed politics‚ society‚ and the economy. Factory workers and consumerism had changed immensely in the Gilded Age; about 400‚000 patents were made between 1875 and 1900 which signifies the departure of farming to the vast significance of industries. Trade Unions
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economic development between 1875 and 1900‚ the intention with which they did so has been a topic of dispute. While some historians described these capitalists as “captains of industry” others believed they were better described as “robber barons”. Of these two characterizations‚ the title of “robber barons” was more appropriate as most of them gained their wealth and power by fraudulent means — defying government regulation‚ using ruthless business schemes
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Chris Schiller Mr. Fisher History 7-2 April 3‚ 2013 Carnegie and Frick Essay During America’s Gilded Age‚ several industrial giants influenced the economic and political destiny of America with their wealth and power. Among these were Andrew Carnegie‚ immigrant steel tycoon of Pittsburgh and one of the richest Americans ever‚ and Henry Clay Frick‚ who built Pittsburgh’s coke industry and created one of the grandest private art collections ever in his New York mansion. These two men had tremendous
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names in big business were John D. Rockefeller and Andrew Carnegie. There is no doubt that these people left their mark on business and on history. However‚ there is some dispute over how these individuals should be portrayed. Some people say that they were robber barons‚ while others insist that they were captains of industry. A captain of industry is someone who is perceived to have helped the nation through their business skills and their philanthropy. On the other hand‚ a robber baron was someone
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it is today. Cornelius Vanderbilt was the head of the railroad empire‚ John D. Rockefeller founded Standard Oil‚ Andrew Carnegie built an empire around steel‚ J.P. Morgan had lit up the world with electric light‚ Tom Scott was a great American businessman and industrialist and Henry Ford designed automobiles and started his own business‚ Ford Motor Company. Cornelius Vanderbilt‚ most commonly known as “The Commodore”‚ was an American businessman and philanthropist. Vanderbilt used perseverance‚ intelligence
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Shortly after the civil war‚ industry was booming. Andrew Carnegie was the first to mass produce steel in Pittsburgh. After the disaster Carnegie steel was going down hill. Frick thought he was the one doing all the work and thought he could take over and be the main man. Frick was trying to take charge and a worker came in Mr. Frick’s office and got his attention and shot him in the side of the head. He missed where he was aiming and grazed the side of his head. After realizing what happened‚ Frick
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whether John D. Rockefeller‚ Andrew Carnegie‚ and Henry Ford are robber barons or captains of industry. Robber barons were business leaders who built their fortunes by stealing from the public and captains of industry were business leaders who served their nation in a positive way. These three entrepreneurs were robber barons‚ for they either did many good things for the nation but had tricks up their sleeve‚ or were just leaders that treated people unfairly. Henry Ford‚ John D. Rockefeller‚ and Andrew
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transportation‚ building‚ and communication were being discovered or invented. All around America businesses were popping up and men would be walking away filthy rich. But what defines a man to be a hero? Is it how much money he has‚ the way he grew up‚ what he did for others‚ or dying for his country? Andrew Carnegie was no Ulysses Grant but he was also not Vanderbilt‚ Carnegie gave back to his country with the riches he earned. We cannot look upon Carnegie as being the child with the silver spoon
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