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Andrew Carnegie: A Man Who Revolutionized The Steel Industry

658 Words3 Pages

“All is well because all grows better.” A quote one of America’s best entrepreneurs, Andrew Carnegie. A man who revolutionized the steel industry through perseverance and hard work. Although he had a bad time with the Homestead, he was not to blame, and it did not represent his character or how he feels. An entrepreneur is someone who ho organizes or operates a business and makes great risks in order to do so. Mr. Carnegie did much more than this. For this reason, I am writing this letter on account of Andrew Carnegie; a historical figure who's skills revolutionized our great country. I am writing this letter to discuss his childhood, philanthropy, investments, and the characteristics that make up such a great business man to support that he should be in the Entrepreneur’s Hall of Fame. Because of poverty, a father that failed to succeed, and that he was not …show more content…

He loved education, so he has given back by providing over 3000 libraries. He also funded Sesame Street, which provides kids with education that is fun. He has been named the second richest man to ever live, and spending all of his fortune except for the fraction of it he gave to his wife is an amazing. Not only did he give during his lifetime, but he still has foundations and institutions that donate today. His giving nature is yet another reason that Mr. Carnegie should be in the Entrepreneurs Hall of Fame. Andrew Carnegie was also intelligent in the way he invested. Because he could better benefit from them, he invested in businesses he knew. One example would be the Sleeping Car, which he invested in because he thought it was a great idea. Also, when it came to his steel industry, he invested in everything he could to make production faster and cheaper. For all of these reasons, he should be inducted because of his ability to choose good investments and maximize profits and production

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217 Words | 1 Pages

Andrew Carnegie created the worlds largest and most profitable steel company making him one of the wealthiest men in the world. Carnegie believed that certain people had the ability do certain things and you must overcome obstacles to do the impossible. Meaning if you have the money and means you are more fit than others. He justified his wealth as benefiting society and promoting civilization.

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666 Words | 3 Pages

The United States began to enter a prosperous and increasing period after the civil war known as industrialization. Despite the fact that industrialization led the United States to wealth, it also led it to many social and economic problems during the late 19th and early 20th centuries. During this time, Upton Sinclair and Andrew Carnegie were the people who responded to the economic and social problems generated by industrialization. Andrew Carnegie was one of the wealthy men in America and was very charitable, he impacted the United States with his steel to transform cities. During these economic and social problems generated by industrialization, he responded by providing money to fund charities.

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625 Words | 3 Pages

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The late nineteenth century was a pivotal moment in American history. During this time, the Industrial Revolution transformed the nation, railroads had dissipated all throughout the country, and economic classes began to form, separating the wealthy from the poor. One of the wealthiest men of this generation was Andrew Carnegie, a Scottish immigrant who fled to America to make millions off the railroad, oil and even steel businesses. Carnegie is considered one of the richest men in history, and even with all that wealth he decided to give back to the community. As a matter of fact, Carnegie donated most of his funds to charities, universities and libraries in his last few years.

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Andrew Carnegie Is Not A Hero Essay

454 Words | 2 Pages

Carnegie is not a hero because he took money, only gave to other wealthy recipients, and contributed largely to his own.     Andrew Carnegie took money away from deserving people. Carnegie cut the wages of his workers to donate money elsewhere. In document D, there are two images of Carnegie, one is giving a wage cut notice to the workers and the other is giving a check to Scotland and donating a library to Pittsburg. Carnegie’s employees were working hard and trying to survive in a tough economy, their wages did not deserve a cut.

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