The steel tycoon Andrew Carnegie started out from a humbling beginning as poor immigrate working his way up the corporate ladder (). Until the day came when Andrew Carnegie decided he would strike out on his own, and Carnegie Steel was born. Now, Carnegie new that his steel mills most valuable assets was the workers. Consequently, Carnegie encouraged the workers to participate in collective bargaining for wages (). As a result, the factory workers were able to bargain their way to a truly livable wage. Now, that the workers had a comparable wage the workers were able to purchase more goods and services in the economy. Consequently, raising the average salary of the entire steel mill community’s economy. Now, needless to say, this did not last