What do you think was the single most important invention of the Industrial Revolution?Why and what impact did it have? Be specific. I strongly believe that the single most important invention of the Industrial Revolution was alternating electric current (AC current) . AC current‚ invented by Nikola Tesla‚ is involved in everything around us today. From outlets and electric heat to a majority of common household appliances‚ AC current is seen in a large portion of what we today consider as “everyday
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Bill Gates‚ a man of his time‚ has given numerous donations as well as creating foundations to benefits equaling to a Captain of Industry. However‚ Bill Gates is a Robber Baron in more areas compared to that of a Captain of Industry. The steps and actions in which it took Bill Gates to get where he is makes him a Robber Baron. Despite his more than gracious donations and foundation gains‚ Gates still took and held a reputation that was overbearing and aggressive (Biography). The business model Bill
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J.P Morgan J.P Morgan John Pierpont Morgan was born on the 17 April 1837 in Hartford Connecticut. He is one of America’s most famous businessman and his business and legacy still live on today. At the peak of his time he was worth 25 billion modern us dollars. J.P was born into a rich family as his millionaire father Junius made his fortune by investing other people’s money in stocks. His father taught him how to avoid risk at a young age by making handle a million dollars. Early life
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wealth‚ and having leverage in many affairs. With the Robber Barons in control over the nation’s economy‚ and men like Andrew Carnegie and John Rockefeller‚ what occurred is that corruption and graft greatly influenced American industry and business between 1860 to 1900. However‚ labor organizations such as the Knights of Labor and AFL made steps in labor reforms and other government laws attempted to limit monopolies. Undoubtedly‚ the Robber Barons were the most influential in the corruption of industries
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The Gilded Age was a period of rapid growth economically and in population in the 1870’s to 1900 in the US. I’m going to explain why we are in a second gilded age because we still have robber barons and that people still having major protests over the economic gap between the rich and the poor. The Gilded Age had protests over the huge gap between the rich and poor people. Right now we are having lots of protests over the fact that 1 percent of populations have 40 percent of the money in US
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helped change big business‚ improved the lives of immigrants and took down unfair politics. Progressives helped improve the nation by improving big business. The American Nation in the Modern Era‚ talks about the new beliefs of big business owners. Robber barons‚ industrial captains that made money off of cheating the public‚ came up with new strategies to make money‚ trick the citizens‚
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really stand out to me. They are “Captains of Industry‚” and “Robber Barons.” I firmly believe that these companies can be looked at as “Robber Barons” instead of “Captains of Industry” because these companies take advantage of their employees (including children)‚ they leave the people powerless‚ and also‚ they eventually leave these poor citizens unemployed. Primarily‚ a significant number of companies can be classified as “robber Barons” because they take advantage of their workers which includes
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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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