by Andrew Carnegie during the Gilded Age and Progressive Era. He was born in Scotland and immigrated to the United States in 1848. Carnegie had very little of a formal education but grew up in a family that believed in the importance of books and learning. Jumping from job to job‚ he became one of the wealthiest businessman in America. Achieving this by investing and buying stocks in promising ventures like iron mills and factories. Finally founding his own company known as the Carnegie Steel Company
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“The Gospel of Wealth” was written by Andrew Carnegie in 1889. He was one of the richest men in American during the Gilded Age. Carnegie had a strong belief that wealthy people should spend their money to benefit the society while they were still alive. He said “The man who dies thus rich dies disgraced.” First and foremost‚ wealthy men had more advantages in the life to enlarge their wealth as well as to share it to the society. They were talent people with a strong ability to work hard in order
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Andrew Carnegie indicated‚ “In bestowing charity‚ the main consideration should be to help those who will help themselves; to provide part of the means by which those who desire to improve may do so; to give those who desire to use the aids by which they may rise; to assist‚ but rarely or never to do all” (Carnegie). He did not believe that alms giving provided value. While I understand the intent that Carnegie had‚ I do not believe it fits every situation. Alms are “money‚ clothes‚ food‚ and other
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1. The owner of Carnegie Steel Company‚ Andrew Carnegie‚ pioneered the use of vertical integration. Vertical integration is a system of related businesses in which a parent company owns its suppliers. Back then the railroads needed steel for their rails and cars‚ the navy needed steel for their new naval fleet‚ and the cities needed steel to build their skyscrapers. When Andrew Carnegie saw this demand he took advantage of it. When Carnegie started his steel company he started with a very little
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DBQ Andrew Carnegie If you were the richest person in the world what would you do with your money‚ save the economy from going under or simply just walk away. Well Andrew Carnegie was a man of wealth though he didn’t start out like that; he came from a poor family born in November‚ 1835‚ in the attic of the cottage his family lived in‚ in Dunfermline Scotland. He and his family left that cottage in Scotland to come to America in 1848 where at twelve years old he started to work almost
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There was a lot of famous people in the 19th century‚ either by what they did or money wise‚ or both. However Andrew Carnegie‚ John D. Rockefeller‚ and Cornelius Vanderbilt were very famous during this time in industry. Therefore‚ they were very important people with money. Andrew Carnegie was born on November 25‚ 1835‚ in Dunfermline‚ Scotland. In 1848 moved to America in search of better opportunities. His education ended when they moved to America. He soon found a job as a bobbin boy at a cotton
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yourself. Andrew Carnegie‚ one of the richest people in history‚ was once a telegraph messenger boy who immigrated from Scotland. 40 years later‚ he owned the most extensive steel empire in the world. It is important to know who you are so that you can make the decisions crucial for your success‚ just like Carnegie. Carnegie’s uncle recommended Carnegie to become a telegraph messenger boy in the Ohio Telegraph Company. Carnegie could have chosen another job to begin his career‚ yet Carnegie listened
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Andrew Carnegie‚ steel tycoon and extraordinaire yet he born as the son of a poor handloom weaver. Had it not been for the free enterprise system he would been unable to gain the opportunities which allowed him to become one of the greatest businessmen in America. In a free enterprise system‚ all companies strive have a competitive edge over its competitions be it in a more specialized labor or a innovative product. This was also what allowed Andrew Carnegie to rise to his peak‚ had it not been
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Andrew Carnegie and Bill Gates: both incredibly rich‚ incredibly generous (or so it appears) men from two differing time periods.Both men were self-made and owed their wealth to much hard work‚ and both were distinguished figures during their times. Furthermore‚ both utilized their wealth to perpetuate meaningful social change rather than reforming society altogether. Despite the similarities they share‚ the two men originated from relatively different backgrounds and did their benefacting through
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Andrew Carnegie: The Charitable Captain of Industry During the time period after the Civil War and nearing the twentieth century‚ America’s economy was in prime position to be molded – all America needed was someone to come along to mold it. Businesspersons like Cornelius Vanderbilt and entrepreneurs like John D. Rockefeller were prime examples of exactly whom America needed to take charge of the economy at this time; however‚ there was one man who was not only a self-made steel tycoon and one of
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