themselves at the expense of their competitors. Two big Businessman/ industrialists during the 1800’s-1900’s were John D. Rockefeller and Andrew Carnegie. Each businessman contributed something during their lifetime that made people question whether or not they were Robber Barron’s or a hero of Industry. Did each of these businessmen fall into that category or was he one of the “captains of industry”‚ whose shrewd and innovative leadership brought order out of industrial chaos and generated great fortunes
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Weiss September 3‚ 2013/ Period D Unit 1‚ 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
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Vincent Fernandez Captains of Industry or Robber Barons? 4/11/13 U.S. History Per. 7 The industrialists of the late nineteenth century and early twentieth centuries are best characterized as Robber Barons. I believe the majority of industrialists of this time period are Robber Barons because out of all the industrialists I’ve researched very few were Captains of Industry. For example some industrialists of this time that I researched were Andrew Carnegie‚ Jay Gould‚ Cornelius Vanderbilt‚ and
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rich people should use their money to benefit the rest of the society. That’s why he is Captain Of The Industry. The way many people see it and agree to the fact that Carnegie is a Captain Of Industry since he never took advantage of the government like the way that John D. Rockefeller did. Rockefeller took great advantage of the unfair ways that the government influenced him. Many people would look at Rockefeller and automatically say that he is a Robber Baron since he always was so care less about
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and John D. Rockefeller were captains of industries. They helped America become what it is today. They developed company’s and industries that impacted the 20th and the 21st Century in such a way that it changed our ideas of management and supply and demand. Though they may have paid their "help" low wages‚ at the time they thought that it was a fair amount. They provided an outlook of industries that were almost unheard of in that time. Though many might have seen Rockefeller as a ruthless
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2013 Robber Baron or Captain of Industry In the 1880’s‚ American industry grew due to many factors including “the emergence of a talented and often ruthless group of entrepreneurs” (Brinkley 396). According to those in favor of these entrepreneurs‚ these men worked hard‚ innovated technology and strategized competitively to transform the American economy; these “Captains of Industry‚” such as Andrew Carnegie‚ Cornelius Vanderbilt‚ J Pierpoint Morgan and John D. Rockefeller‚ used their wealth to
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Nguyen 1 Leslie Nguyen Mr. Ramezane Period 4 U.S. History 6 October 2014 Captain of Industry OR Robber Barons? During the post-Civil War period‚ the economy of the United States grew at a rapidly rate. The richest men in the U.S. Andrew Carnegie‚ J.P. Morgan‚ John D. Rockefeller‚ Jay Gould and Cornelius Vanderbilt are the people who helped with industrialization since they made steel‚ banks‚ oil‚ and railroads. Since they donate their money to expand markets‚ provide jobs and establish buildings
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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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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
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who some call “robber barons” and other call “captains of industry”. However‚ neither polarity is completely accurate. The wealthiest Americans during the Gilded Age had both positive and negative effects on American society. While a large group of individuals amassed incredible wealth during the Gilded Age‚ there existed an even more elite group consisting of individuals that rank among the richest men in history. It included John D. Rockefeller‚ Andrew Carnegie‚ Jay Gould‚ James Fisk‚ and J
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