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Biography Of Andrew Carnegie: The Man Who Built America

518 Words3 Pages

Brendon Bennett

Mrs. Smart

ACP US History 1 Period 8

30 April 2015

Men Who Built America

Andrew Carnegie is truly a man who helped build modern America. “On November 25, 1835, in Fife, Scotland Andrew Carnegie was born the son of a handloom weaver” ("Andrew Carnegie."). He had not or could not receive a formal education, his family valued the power in books. “At 13 years old, in 1848, Carnegie came to the United States with his family, and settled in Allegheny, Pennsylvania” ("Andrew Carnegie."). “He began work at a factory for a dismal $1.20 a week , and in the following years he found a job as a telegraph messenger and then moved to a telegraph position in 1851” ("Andrew Carnegie."). “In a few years he began to work as the assistant and telegrapher to Thomas Scott, one of the railroad's top officials,” and through …show more content…

“Three years later, Carnegie was promoted to superintendent” ("Andrew Carnegie."). While working Carnegie began making investments on what he believed were profitable and wise, such as oil . “Within the next 10 years Carnegie turned his attention to steel, a building block of the nation, and eventually created Carnegie Steel Company” ("Andrew Carnegie."). While Carnegie revolutionized the steel industry, his business grew, becoming bigger and much wealthier, through the simple act of making steel cheaper and faster to make . Carnegie owned everything he needed to produce and distribute steel, such as railroads, ships, coal, and of course factories with the raw material . “By the end of the 1800’s Carnegie’s little empire was the largest the world had ever seen” ("Andrew Carnegie."). So with Carnegie supplying the cheapest, strongest steel around, as the world’s largest steel producer, he helped the US blossom, building up and out of its previous areas,

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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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The context of Andrew Carnegie becoming a Caption of Industry is the industrial revolution. Industrialism is the expansion of factories and the mass production of manufactured goods. The Industrial Revolution of the early 1900s set the foundation for the rise of Andrew Carnegies steel. While some people think Carnegie is a Caption of Industry because he got to the top by going from rags to riches, his monopoly act, and being a good businessman, evidence suggests he is a Robber Barron because he would pay his workers such little amounts and would make them work many hours, he would also make it hard to compete against him. Andrew Carnegie is a questionable man; he went from living a very poor life as a child to being a billionaire.

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Andrew Carnegie was one of the industrial leaders who produced most of the steel in the U.S. He could be considered a Captain of Industry due to the steel and the monetary contributions. Carnegie produced steel that helped the expansion of the U.S. Carnegie created the process of adding scrap metals to molten iron to molten iron making the production more efficient, and he also had vertical integration making the production more efficient. With these different methods of making production more efficient, the U.S. could expand and grow more easily with new railroads and buildings. This was a positive contribution to the U. S. Later in life, Carnegie donated 90% of his wealth to charities and projects.

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The Scottish-born American industrialist and philanthropist Andrew Carnegie was one of the first captains of industry Leader of the American steel industry from 1873 to 1901, he disposed of his great fortune by endowing educational, cultural, scientific, and technological institutions. Andrew Carnegie made those characteristics of business enterprise and innovation that changed the United States from an agricultural and commercial nation to the greatest industrial nation in the world in a single generation between 1865 and 1901. The era has sometimes been called the age of robber barons. The entrepreneurs of the period not only built and modernized industry, but because they were technologically minded, they increased the productivity of

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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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Meticulously, he combs through how the railroad and steel industries were able to flourish. A lot of Carnegie’s success lay in his recognition of when a risk was warranted, as well as his courage to take that risk. This includes his massive investment in Western Union and Pullman Railroads in 1873. The US was in the middle of a depression, and many people had judged both companies to be on their deathbed.

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The entrepreneurs and businessmen of these corporations became very powerful and made a large profit for themselves. An example of an extremely powerful businessman was Andrew Carnegie. He created his own iron manufacturer and then sold his network to railroad businesses. Carnegie refined iron into steel, which advanced the ability to build stronger and taller buildings such as skyscrapers. “Technological and business efficiencies allowed Americans firms to grow, invest in new equipment, and earn profits even as prices for their products fell.

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Andrew Carnegie had a significant effect on the Industrial Revolution. The Industrial Revolution is the development of factories and the mass production of consumer goods, in this case, Carnigies steel. The Industrial Revolution set the economic foundation that allowed Andrew Carnegie to construct his monopoly called Carnegie Steel. Some argue that Andrew Carnegie was a Robber Barron because he didn’t do anything about the dangerous work conditions but the evidence supports that he was a captain of industry because he was a philanthropist and rose from a rags-to-riches storyline. Andrew Carnegie had such a powerful influence on the world and his steel-making establishment is still around today.

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During the late 1800’s, early 1900’s America began the famous industrial race to success. At the head of the race, yearning for success, was Andrew Carnegie. Scotland born in 1835, Carnegie moved to the United States with nothing but soon grew with prosperous steps, speeding his way to the top as a profitable business man through the steel industry. His path to success may be filled with some hardship of distrust and mishaps with money hungry co-workers, but in the end he created, with his infinite wealth, enormous amounts of buildings and educational centers to benefit mankind in the long run. This is a deed of a kind man.

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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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Andrew Carnegie also adopted the Bessemer process in the steel industry. These achievements shaped all of America as we know it. Carnegie helped to expand the rail road industry with steel rails, buildings could be built higher and bigger, and bridges could be constructed that would span further distances and could hold more weight. Carnegie became one of the largest steel manufacturers in the

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Summary Andrew Carnegie's steel empire started in eighteen seventy and ended in nine teen o seven because He sold it for millions of dollars, and it made him one of the most successful men then. when he entered the steel business he became a dominate force to other companies and people, and later sold it for four hundred eighty million dollars, making him one of the most successful men then had the most successful philanthropist too. Andrew Carnegie expanded railroad investments and found the steel empire. He was a very successful man in the industry. Exploration Andrew Carnegie was just a little boy when he moved to the USA.

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Andrew Carnegie, A man of many talents, that never gave up, and always strived for perfection. When you think of the economy and how far along it has came since 50 years ago one name should come to mind, Andrew Carnegie . He was the top person when it came to steel and made a lot of money doing it. Andrew Carnegie, played an important role in United States history, which brought about an exponential change in the United States “Carnegie was born on November 25, 1835, in the small Scottish town of Dunfermline, near Edinburgh. His father, William, had been a successful weaver and moved to Dunfermline from a tiny settlement in order to be closer to the center of trade.”

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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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For the duration of the Depression, a well known industry icon, Andrew Carnegie instituted a steel company which controlled every stage of the business world. Carnegie eventually dominated the steel industry and had built a fortune. His steel factories were

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