To what extent was it justified to characterize the industrial leaders of the late 19th century as either “robber barons” or “captains of industry”? Document A Q: How is the freight and passenger pool working? W.V.: Very satisfactorily. I don’t like that expression “pool”‚ however‚ that’s a common construction applied by the people to a combination which the leading roads have entered into to keep rates at a point where they will pay dividends to the stockholders. The railroads are not run
Free John D. Rockefeller Rockefeller family Wealth
benefited the 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
Premium Andrew Carnegie Robber barons Cornelius Vanderbilt
James Wong Robber Baron ’s are Captains of Industry who are looked down upon for succeeding at the expense of others and at the expense of moral integrity. To firmly attach a label to any given person or people is difficult because the distinction between a robber baron and a captain of industry alternates with the point of view from which you hold. Leland Stanford and the Big Four of the Central Pacific Railroad are perfect examples of how there are contrasting arguments about their proper titles
Free Robber barons First Transcontinental Railroad
During the Gilded age we see the second industrial revolution which provides new jobs new inventions and new ways of working. The new way of working is good from a business leaders aspect because it was acceptable to underpay and overwork. With all the new immigrants you have an abundance of workers to do this to. By business leaders doing this they started to produce immense amounts of money and this is why you see the first millionaires during this time period. Not only did they underpay and overwork
Premium Gilded Age United States Economics
Essay 1 The Robber Barons versus the Captains of Industry American industry was on the rise during the Gilded Age. Many different historians have believed that these Americans were either Captains of Industry or portrayed as a Robber Baron. In this time period‚ a Robber Baron was an industrialist who took advantage of one’s wealth and used it to gain power. A Captain of Industry was seen as a hero to the Americans with a “rag to riches” story. During the Gilded Age‚ a Robber Baron was more common
Free John D. Rockefeller Andrew Carnegie Robber barons
Savannah Noss Period 1 3/2/13 APUSH Robber Barons‚ a term used in the late 1800’s and early 1900’s to describe a businessman who made an enormous amount of money‚ today we would call them billionaires. It was not really the fact they made a myriad of wealth‚ it was more the way they made it. In all the cases the acquiring of wealth was done in what was considered a ruthless manor and unscrupulous ways. A robber baron was more interested in acquiring wealth than the safety of his employees
Premium John D. Rockefeller Incandescent light bulb Thomas Edison
abase abash abate abbreviate http://www.my-vocabulary.net http://www.my-vocabulary.net http://www.my-vocabulary.net http://www.my-vocabulary.net abdicate aberrant aberration abet http://www.my-vocabulary.net http://www.my-vocabulary.net http://www.my-vocabulary.net http://www.my-vocabulary.net abeyance abhor abide abject http://www.my-vocabulary.net http://www.my-vocabulary.net http://www.my-vocabulary.net http://www.my-vocabulary
Premium
Jack in thr Bean Stalk US History 6B January 29‚ 2013 The Gilded Age (1877-1900) The phrase "America’s Gilded Age" typically brings to mind the financial exploits and dazzling wealth of the "robber barons": Vanderbilt‚ Rockefeller‚ Morgan‚ Carnegie‚ and others. The fortunes they made have left us with lasting monuments that‚ in most of our minds‚ exemplify the era: mansions in Newport‚ treasure-filled libraries and museums in Manhattan. The truth however‚ shows a side that was anything but glamorous
Premium Gilded Age Mark Twain Poverty
Samantha Jane American History Essay Test The Gilded Age The well-known author Mark Twain named the Gilded Age‚ it means “golden”. The Gilded Age received its name from the massive amount of inventions‚ expansion in the West‚ and the economics doing the best it has ever done before. Another reason it is viewed as the golden age is because of the huge step in railroads. Steel replaces Iron because it is cheaper‚ tougher and easier to make. Steel is used mainly for railroads but also for farming
Premium Poverty Alexander Graham Bell History of the United States
The Robber Barons‚ as they were called‚ were the kings of American Industry and American Society during the late 1800’s and early 1900’s. Rich beyond the average man’s wildest dreams‚ these industrialists were often criticized for their philosophies and their ways of making money. Robber Barons can also be viewed as immoral‚ greedy‚ and corrupt‚ and the evidence to support such a view is not difficult to find. Bribery‚ illegal business practices‚ and cruelty to workers were not uncommon in this period
Premium Monopoly Standard Oil John D. Rockefeller