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Andrew Carnegie Biography Essay

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Despite the images of wealth and grandeur conjured by the name of Andrew Carnegie today, the man came from very humble beginnings. Born November 25, 1835, in Dunfermline, Scotland, Carnegie spent his childhood in poverty, working to bring in additional income just so his family could survive. In 1848, the family made the voyage across the Atlantic in search of a better life and better opportunity, which the astute Carnegie would soon find and take great advantage of, but first they had to get there. The family was so impoverished that they had to borrow money just to make the trip.
The Carnegie’s eventually ended up in Pittsburgh, Pennsylvania. Tired of seeing his family struggle, Carnegie, at the age of 13, sought out work in their new city. …show more content…

The Civil War created an increase in demand, and therefore price, of iron products. Carnegie saw an opportunity and left the railroad for the emerging steel industry. He began a company with some investors, including Scott of the Pennsylvania Railroad, building iron bridges to replace the old wooden models. This eventually developed into the Keystone Bridge Company. Keystone Bridge Company also built bridges but Carnegie expanded into making the iron pieces as well. From here, Carnegie rapidly built his ironworks …show more content…

It was the largest, featured the most sophisticated equipment, and could produce the widest range of product. Not only was this an important mill for the Carnegie Company, it was also the most important and sophisticated across the entire nation, even supplying iron slabs for the creation of the United States Navy’s vessels. In short, the product of the Homestead Steel Works was an important factor for many different people. In the coming years, this would prove to be a useful factor for the workers there, as well as problem for the growing steel

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Since he asked his mentor Tom Scott for help he made about $21 million dollars. With the money, he created his own and first steel plant. Carnegie was a good investor, his mill was one of the largest in the country. Carnegie is able to supply as much steel as the nation may need and become very wealthy. Around the 20th century, America was growing very fast with the rail, oil and steel making.

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Starting out his business career in the iron industry, Carnegie bought an iron mill and named it the Cyclops Iron Company.

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Andrew Carnegie wa a scottish immigrant who came to the United States at age 9. Carnegie was a messenger boy and worked as a bobbin boy in a factory. Andrew also worked as the assistant to Thomas Scott, one of the railroads top officials. He buys a company and builds a sleeping car on a train. Andrew earned most of his fortune in the steel industry.

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He then worked for the Pennsylvania Railroad and in 7 years worked his way up to make $1,500 a year. He then met Bessemer which showed him the work of steel, which Carnegie adopted. He invested in mills and had the Thomson Steel Works. He then acquired interest in Frick coal fields, coke ovens, ore fields, railroads, and ships. In the end Carnegie sold his business in steel to J. P. Morgan and gave most of his money away in his later years.

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He later moved to the United States at a young age of 13, where he worked a multiple of railroad jobs. Through this experience, Carnegie learned the fundamentals of the business world and the railroad industry, in which he came to leave in 1865. By the following decade, the vast majority of Carnegie's time was committed to the steel industry, in which he later used to emerge his own steel company. His business got to be known as the Carnegie Steel Company, revolutionized steel production in the United States. Carnegie fabricated plants around the nation, utilizing innovations and methods that made manufacturing steel easier, quicker and more profitable.

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And he acquired his 107 acres of land outside of Pittsburgh for his steel company. There were several step carnegie had to know about the steelmaking process. The first step to making steel is to get his worked to collect iron ore from his giant open-pit mines. The second way to transport the ore by rail and ore boat to a large blast furnace. The third thing you

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With the ability to make his own economic decisions and invest his money where he wanted, Andrew Carnegie created a powerful and influential steel company with the help of the free enterprise system. In the 1860s, Carnegie saw the immense need for iron products in the midst of the Civil War. It was then that his interests began to shift from telegraphs and railroads to

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He looked into steel as at the time it was the strongest material ever made but he came across a problem, as it was very expensive and difficult to produce, and it was also only used for small items around that time like cutlery and jewelry. Carnegie had a vision for the future and his vision was mass produced steel. (Source 8) He invested in a new invention that had the ability to produce large steel structures, like the beams needed to build the bridge. (Source 3) The Eads Bridge was behind schedule and Carnegie was not able to pay back investors.

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At this he succeeded certainly,over a period of roughly ten years from 1875 to 1885, give or take a couple years, the average production costs went from $55 to $30 and prices going from $77 to $33. The steel production of the USA, from the space of 1870 to 1900 had gone from the within a couple hundred thousands tons of steel to over 10,000. Aside from his remarkable accomplishments of entrepreneurship, Carnegie’s business also took no stops in attempting to secure the competitive market. A competitor rose up in 1889 called at the time Allegheny Bessemer Steel using a mill with a new method of making steel called the direct rolling method. With the new method they had lower production costs than Carnegie and were able to lower production costs even lower than Carnegie’s, enabling him to steal some of the market.

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Since he noticed that steel was going to replace iron quickly. The First Plant order was placed in the Pennsylvania

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He grew up in poverty. His father's name was William Carnegie, William worked as a weaver and was the only source of income for the family. Carnegie’s mother's name was Margaret Morrison. Carnegie’s father died in 1855, after his death Carnegie realized that he would have to take care of the family. Carnegie gotta education and by the age 18 Carnegie was a secretary for Thomas A. Scott, the superintendent of the western division for the Pennsylvania Railroad.

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They had to borrow money to move to Allegheny pennsylvania in 1848. At the age of 13 Carnegie got his first job as a bobbin boy, changing spools of thread in a cotton mill, 12 hours a day, 6 days a week. At 14 he found a job as a telegraph messenger. Later he began to work for the pennsylvania railroads at age 16. He worked under Thomas scott, one of the railroads top officials, as a telegraph operator and learned a lot about the railroad industry while gathering

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Andrew Carnegie was born on November 25, 1835 in Dunfermline, Scotland, in a small gray house on Moodie Street. To William and Margaret, Andrew was their first child. Andrew would sit downstairs and watch his father as would weave clothing with a pumped sewer. Then when he was four years old, his mother gave birth to his first sister named Ann. When Ann was just a little baby she passed away shortly before the Carnegie’s had another baby, named Tom.

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Kevin ruiz Mr. Plata US History: Period 3 22 October 2017 The philanthropy of andrew carnegie; did it make him a hero “The a who dies rich des disgraced”these were the wise words of a humble man andrew carnegie. Carnegie was born in 1835 in dunfermline, scotland. At age of twelve carnegie and his family set of to seek a better life in the united states; here he changed the course of history.

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In the late 1880s, Carnegie Steel Company was the largest manufacturer of steel rails, pig iron and coke in the world with a capacity to produce approximately 2,000 tons of pig metal per day (Gilded Age Home, 2013). Additionally, the area in which the company influenced United States was also in the education system. Carnegie supported higher education by building the Carnegie Institution in Washington, D.C and Carnegie Foundation for the Advancement of Teaching which has provided colleges and universities with funding for research. Carnegie allocated $125 million to the Carnegie Corporation of New York for educational advancement through schools, libraries, research and publication. Money was also donated to over 100 libraries to some of those

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