different charities and organizations. For Carnegie‚ he has‚“Donated more than $350 million to further public education‚ build over 2‚500 libraries.” (Website) Now that people can get a better education‚ they can get a better job and then support their family. Plus‚ poor people can check out books and get a free education‚ because there are more libraries. That way‚ they can get a job‚ support their families‚ and not be as poor. Carnegie also‚ “Created the Carnegie Corporation of New York‚ endowing it
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cheap labor in the form of immigrants. Among these entrepreneurs were John D. Rockefeller‚ Andrew Carnegie‚ Cornelius Vanderbilt‚ and George Pullman. Each made a name for themselves by forging their own corporate empire. Rockefeller was an industrialist and philanthropist who made his fortune by founding the Standard Oil Company in 1870. Attempting to monopolize the industry and squeeze out the middle man‚ Rockefeller slowly gained almost complete control of the oil industry. He formed the powerful
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Bessemer invented a way to transform large quantities of iron ore into steel by using extremely hot air. After seeing this process first-hand‚ Andrew Carnegie decided to open up a steel factory in the U.S. using cheap‚ unskilled laborers who were willing to learn how to operate the hot‚ dangerous machines at very low wages. By 1900‚ Andrew Carnegie had built the largest steel company‚ U.S. Steel‚ in the world and produced more than 25% of the steel used in the United States‚ including that in many
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employees‚ the amount of work hours performed in a week‚ or the amount of wage being paid for a days work. A great example of a robber baron would be Andrew Carnegie. The robber baron of the steel industry. He was instrumental in starting the 72 hour work week‚ paying out less than fair wages and having dangerous working conditions. Andrew Carnegie cornered the market on the steel industry and made the first high rise building. He was the only business in his field‚ therefore‚ he could set his prices
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Another example would be Thomas Edison’s light bulb and many other inventions which led to his finding of Menlo Park Laboratory. An additional cause was the rise of big business leaders such as Andrew Carnegie and John D. Rockefeller. Andrew Carnegie built the Carnegie Steel mill from nothing while Rockefeller led the oil companies. With the rise of industrial America‚ came many benefits to the American people. Due to the rise of many big companies‚ many earned jobs. There was also an increase of specialized
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The Gilded Age‚ the period from 1870 to around 1900‚ got its name from Mark Twain‚ who thought the era was glittering on the surface but corrupt underneath (Mintz‚ McNeil). When most people picture the Gilded Age‚ they refer to Mark Twain’s view of an imbalanced‚ corrupt society. Many think that the Gilded Age was mainly an era full of social inequality‚ greed‚ careless captains of industry‚ unhealthy and immoral lifestyles of the lower class‚ business scandals‚ and devious political tactics. Many
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Rags to Riches Harold Livesay’s Andrew Carnegie and the Rise to Big Business portrayed Andrew Carnegie as a perfect example of the American Dream. From rags to riches is a journey that Andrew Carnegie portrayed through out his life. He was born into poverty in Scotland‚ moving to America in 1848. Andrew Carnegie started as a bobbin boy to one of the first tycoons of big business in America. With the jobs he did hold he applied the knowledge and techniques from job to job to generate his fortunes
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unregulated pace. With recent advancements in technology to spur industrial growth‚ the government had no rulings on how far in big business is too far. The four main business leaders of the time: Cornelius Vanderbilt‚ John D. Rockefeller‚ J. P. Morgan‚ and Andrew Carnegie. These men were at the forefront of the Industrial Revolution in America and the ways that they reached their levels of wealth were sometimes questionable and other times outright unethical. In the early days of business in America
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titans like Rockefeller and Carnegie. America was a young country so it was only right that it grew in time. Form this growth came new technologies. Also in a way Americans benefited from monopolies. It helped that some industrial titans were philanthropist. The way that America was growing it needed new technologies. Industrial titans did have very corrupt ways of business but they were only filling the demands of Americans. For many reasons people need access to trains so Carnegie provided the
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inventions included the phonograph and incandescent electric light and the microphone and the Kinetoscope (1847-1931) Andrew Carnegie United States industrialist and philanthropist who endowed education and public libraries and research trusts (1835-1919) John. D. Rockefeller John Davison Rockefeller (July 8‚ 1839 – May 23‚ 1937) was an American oil magnate. Rockefeller revolutionized the petroleum industry and defined the structure of modern philanthropy. In 1870‚ he founded the Standard Oil Company
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