the achievements of these leaders‚ people have been questioning how honest the fortunes of these leaders were. They questioned the tactics of Rockefeller‚ Morgan‚ and Carnegie. The main question that arose was whether to classify these men as “robber barons” or “industrial statesmen”. By looking at the achievements of these men it appears that not only were they entrepreneurs‚ but they were also generous to the community and the common good. Rockefeller gave millions of dollars to various missionaries
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John D. Rockefeller was not a Robber Baron because he did nothing wrong‚ he was a product of the Industrial era‚ and played by its rules to attain the greatest victory‚ absolute economic success Rockefeller‚ Robber Baron or Captain of Industry? John D. Rockefeller was the first billionaire in the United States. He owned Standard Oil Company‚ and was the main person to organize the oil industry. When he was young‚ the company he was working for at the time sent him to oil country. He checked
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I.S.119 Nicola Zabiega Class 803 November 1st‚ 2012 BILL GATES OUR MODERN DAY ROBBER BARON You cannot live on past applause’ Ever since the industrial revolution in the 19th century the business men of America have tested to the limits of how far you can go to produce a product at a quick pace‚ and a cheap price. The start of this came many methods and new strategies to help earn the most money possible from the consumers. They worked off on the
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pay? No? I didn’t think so. This is just one of the many reasons that many people considered Andrew Carnegie to not only be a robber baron‚ but also a villain. Two-faced‚ hypocritical‚ uncaring; these were just some of the words that were used to describe Carnegie. Andrew Carnegie was not a hero because of his money consciousness‚ poor treatment to workers‚ and his robber-baron tactics. Andrew Carnegie was not a hero because of his money consciousness. Carnegie never let up on his watch on costs
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The Second Industrial Revolution took place between 1870 and 1914. Urbanization and territories that were being expanded fueled the Second Industrial Revolution. Transportation‚ factory production‚ and various other industries caused the United States be a producer of one-third of the world’s industrial services output. Many inventions from these industries were interconnected because of the technologies in the Second Industrial Revolution. The revolution effected the world by these new or improved
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DBQ In the time of 1875-1900‚ many capitalists formed the growing of industry in America as highly regarded captains of industry or fraudulent robber barons. The robber barons were industrialists who possessed the majority of wealth in America. This wealth gained was mostly through the expense of others‚ creating a greater space between the fortunate and the less fortunate ones. Captains of industry were industrialists that did the opposite. They assisted the American growth positively whether
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Azeneth Mosqueda Mr. Webb US History 16 September 2013 Andrew Carnegie: Robber Baron or Captain of industry? Andrew Carnegie was both a Robber Baron and a Captain of Industry. Growing up as an immigrant‚ who started with nothing at all‚ he became greedy with his money. He was a big business leader who builds up the community but treated his workers poorly. Carnegie created thousands of jobs for people but did not provide his workers with safety equipment
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dThe Rise of Industry Part I: The Intellectual Underpinnings of Industrialization – Read the following documents and answer the questions below. Document A (Adam) Smith was among the first to make a clear and convincing case that when individuals follow their own self-interest‚ it automatically works to the benefit of society as a whole. As individual competitors pursue their own maximum profit‚ they are thus forced to be more efficient. This results in cheaper goods in the long run.
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Lauren Martinez APUSH Ms. Pellecchia February 2013 America’s industrial growth during the period from 1870 to 1900 was greatly impacted by growth of large corporations that affected the economics and politics of our nation. As corporations began to grow‚ so did their power and influence. Their numbers grew to be so significant that they were known to be one of the major forces within the United States‚ with both a great amount of power and the ability to control much within
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Antagonist Vs Robber Barons Joyce Mays Shorter University Professor: Christina Koontz Gordon Gekko‚ who played in the (1987) film as the antagonist‚ portrayed a self-interested egomaniac‚ only concerned with obtaining wealth. He preyed on young stockbrokers‚ conning them into his dirty insider trading schemes . On the other hand we have Frank Cowperwood who was a Robber Baron in the novel The Financier (2008). I think he was about riches and control. Both of these businessmen thrive off of
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