His name is Cornelius Vanderbilt. He was worth a million of dollars because he was very big in the railroad industry. He also had most of the big railroads all across the country that he used. Vanderbilt used these railroads to make money by transporting peoples goods that they needed to get in some places. They paid him to transport their things to like another state. He had a lot of competition for the railroads and one of his main competitors was John D. Rockefeller. They both had a lot to
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whether John D. Rockefeller‚ Andrew Carnegie‚ and Henry Ford are robber barons or captains of industry. Robber barons were business leaders who built their fortunes by stealing from the public and captains of industry were business leaders who served their nation in a positive way. These three entrepreneurs were robber barons‚ for they either did many good things for the nation but had tricks up their sleeve‚ or were just leaders that treated people unfairly. Henry Ford‚ John D. Rockefeller‚ and Andrew
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Rockefeller was a Captain of Industry because of his methods of business. He used rebates to lower the price for his consumers. Lowering the price means the consumer won’t feel robbed. This shows Rockefeller to be a Captain of Industry. Rockefeller’s monopoly boomed when the automobile was created1. It’s natural for one company to be bettered by the creation of an object. Therefore‚ Rockefeller was a Captain of Industry through his legal methods of gaining wealth. Rockefeller was a Captain of Industry
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1.) Vanderbilt was the focus of the first episode with bits of Rockefeller and Carnegie. My favorite among the three was Vanderbilt because he was the first person to do business in such a cut throat and original way. Leaving the rest that came after him to learn from him and develop new techniques from what he had already shown them. Now‚ Vanderbilt came from the docks of New York City and he was extremely competitive for it. He earned the name Commodore from his time in the shipping business. That
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country. The poor were extremely poor‚ and the rich were extremely rich. Three men in particular held a large portion of the wealth‚ and many had different ideas on what to do with all that money. There was a wide range of viewpoints towards wealth in the late 19th century‚ and the viewpoints between Andrew Carnegie‚ Edward Bellamy‚ and John D. Rockefeller had substantial comparisons and contrasts that are crucial to our knowledge of today’s wealth in the economy. Andrew Carnegie was born in Scotland
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John D. Rockefeller was a captain of industry who helped to make America strong. As much as a good as person he was‚ he was also a robber baron who used ruthless business practices to enrich himself. In 1839 – 1937‚ Rockefeller was a very important American industrialist‚ philanthropist and a founder of many important places. John D. Rockefellers’ business career was being the main founder and one of the chairmen of the Standard Oil Company. Rockefeller was an intellectual man in the organization
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Andrew Carnegie was born in Dunfermline‚ Scotland. His family moved to the states when he was in his teens. He had many jobs working on the railroad‚ starting at the bottom by working for people‚ but soon made his way into a steel tycoon. Carnegie owned the Carnegie Steel Corporation‚ which it was known as the largest of its kind in the world. Just like Andrew did‚ he believes that children should not start out with a bunch of money. They should have to learn and work their way up to become as great
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Was the big businessman a “Robber Baron” or a hero of industry? A “robber baron” was someone who employed any means necessary to enrich 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
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2/14/13 Cornelius Vanderbilt Cornelius Vanderbilt‚ a man with great power and great wealth. Ever since he turned 11 he was always involved in his father’s businesses. His enormous success was the effect of enormous businesses perhaps one of the most famous stories of rags to riches. From shipping to railroading‚ this millionaire strived in the economy. But‚ what kind of millionaire was he? A Captain of industry? or A Robber Baron? Cornelius’s great fortune arose in when he went into the
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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
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