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Essay conclsuion about andrew carnegie
Carnegie and the steel industry
Essay conclsuion about andrew carnegie
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Name of Industrialist: Andrew Carnegie (Steel Company) How did he acquire his wealth? Carnegie frequently recognized as one of the wealthiest person ever. He made big bucks from oil business. He also led the growth of the American steel company in the late 19th century.
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.
During the Industrial Revolution big businesses took places of small workshops, increasing to quantity but not quality. This made many people lose their jobs, and now there was only one place to work the factories. Ahead of these factories were big business owners, some born into money others worked their way up to it like Andrew Carnegie. Work at these factories became unsafe and the pay was bad, they could only blame one person and that was the owners.
Andrew Carnegie, born in Dunfermline, Fife, Scotland on November 25, 1835, and passed away on August 11, 1919. He grew up with very little education but came from a family who believed very much in books and learning. His father was a handloom weaver, and his mother was the basic backbone of their family who was the most influential to Carnegie. At the age of thirteen, Carnegie came to the United States with his family, and Settled in Pennsylvania. He worked in a factory earning $1.20 per week.
Andrew Carnegie, stands out as one of the most influential immigrants in American history. Born in Dunfermline, Scotland, in 1835, Carnegie's journey from a modest immigrant to one of the wealthiest individuals of his time embodies the American dream. His life and legacy offer a compelling narrative of ambition, innovation, and benevolence, illustrating the impact an immigrant can have on their adopted country. Carnegie's entry into the telegraph industry marked the beginning of his ascent in the business world. His diligence and keen interest in learning soon led him to a position as a telegraph operator.
Andrew Carnegie was born in Dunfermline, Scotland on November 1835. Growing up poor, Carnegie started working 12 hour shifts at the age of 12 for a $1.20. As he started getting older he taught himself new things which would eventually lead him to making $1,500 a year at the age of 17. In the early 1870s Carnegie was so successful in the steel industry that he sold his Carnegie Steel Company to J.P. Morgan for $480 million making him the richest man in the world. Before dying Andrew Carnegie dedicated himself to helping charities and donating approximately $350 million to education.
Andrew Carnegie was a major capitalist of the 19th century. He became a major capitalist in the steel industry. He attained much of his wealth because he practically created the steel industry. Starting from the bottom and working is way to the top Andrew Carnegie became one of the richest men during his time. Starting at earning a dollar and twenty cents a week.
If you were the richest person in the world what would you accomplish with all the money you had? Andrew Carnegie, an American Captain of Industry By far off the greatest profitable businessman during his age, Carnegie left his mark on industry, and ordinarily greatly impacted the expansion of business enterprise in America. Essentially, Carnegie rose from poverty to become one of the most influential, industrial men in history by single-handedly building the American steel industry. Andrew Carnegie was famously known for being a hero because he would provide plenty to the poor.
“No Man of business drew more attention that the king of steel, Andrew Carnegie” (Background Essay). Andrew Carnegie grew up in Dunfermline, Scotland and immigrated along with his family to the United States in the 1800s. He worked his way up from being a poor immigrant to working with people such as Rockefellers and JP Morgan. He became one the most famous industrialist who led the expansion of the steel industry.
Andrew Carnegie Once, there was a man to have the largest personal fortune in the world. He helped improve mankind by donating millions of his fortune to charity. This mastermind was named Andrew Carnegie, an industrial monopolizer who used steel to gain his massive fortune. Andrew Carnegie was born November 25, 1835 in Dunfermline, Scotland.
Andrew Carnegie was one of the most famous and wealthiest American industrialist during the Industrial Age. He was a robber baron who made a fortune in the steel industry and applied vertical integration to his business. Carnegie contradicted his views as a robber baron because he supported, but destroyed many unions. This made many of his views unethical.
Andrew Carnegie was an immagrint who immigrated to america due to the struggles that his family faced which involved his mother not being able to support the family no matter how hard she tried. Andrew was fearful to leave even having to be carried on board by a sailor. even though the conditions on the boat were harsh andrew adapted, he became familiar with the entire boat even being allowed to help the sailors with their jobs this shows his resoufulness at an early age. when he arrived in america he still struggled even almost becoming apart of the terrible dead end of child labor that was an epidemic at the time but by sheer luck his uncle while spending his free time in a tavern over heard that O' riley telegraph was looking for a messenger
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.
During the late 19th century, there was a growth in industrialization. This brought new opportunities for the poor and the rich. For example, Carnegie helped build the steel industry in Pittsburgh Pennsylvania, which made him one of the richest man in the world. As Carnegie gained more wealth, he questioned who money should be given to. Carnegie was both a Robber Baron and a Captain of Industry.
Andrew Carnegie was a “robber baron” as shown in the way he acted towards the people who helped him reach the top and the terrible working environment that he subjected his workers to. He did various things in an attempt at overshadowing the awful things he did and positively alter his public image. His mentor, Thomas Scott, taught him the skills he would use to become the undisputed king of steel. Costs were the most important aspect of any business and reducing those required cutting wages, demanding 13 hour days and utilizing spies as a way to thwart possible strikes. Many years after Carnegie had gone out on his own, Scott met with him thinking that the years they spent together and all he had taught him would unquestionably result in help in his time of trouble.
