ipl-logo

Captains Of Industry In The 1860s-1900s

173 Words1 Pages
Throughout the late 1800s, many people grew tremendously in wealth. Most people started businesses or expanded railroads which required a lot of money. This start the idea of robber barons or captains of industry; while there were some people who would collect the money for themselves there were many people who gave back and did some great things for America. Therefore, industrialists of the 1860s-1900s were more rightly called Captains of Industry than robber barons. John D. Rockefeller, James Fisk, and Henry Flanger are some great examples of Captains of Industry. They would donate high amounts of money to hospitals and schools to help improve society. Other examples are JP Morgan, Andrew Mellon, Andrew Carnegie, and Henry Clay Frisk. They
Show More
Related
443 Words | 2 Pages

Cornelius Vanderbilt: Captain of Industry When America began its journey into industry, the country immediately flourished. Inundated with immigrants, factories were easily staffed; jobs were given out to any individual who wanted one. However, some of these large industrial companies flourished more than others. Cornelius Vanderbilt, for example, became one of the richest men in the country. Many Americans believe that business owners like Vanderbilt should be given the name “Robber Barons” because of their great accomplishments; however, in contrast, others like to deem them as America’s “Captains of Industry”.

Read More
266 Words | 2 Pages

Men like Carnegie, Rockefeller and Morgan could be viewed as "Captains of Industry" and "Robber Barons." Some people may see these men as "captains of industry" because they helped move the nation forward with innovation. Andrew Carnegie who was a Scottish American industrialist ended up leading the huge expansion of the American steel industry. He purchased and constructed Carnegie Steel Company which was in Pittsburgh, Pennsylvania. He built a huge bridge across the Mississippi River which was the first time ever a bridge had been constructed out of steel.

Read More
413 Words | 2 Pages

I believe he is a captain of Industry. What made you categorize your choice as a Robber Baron or Captain of Industry? I believe Henry Ford is a Captain of Industry whose contribution was vital to this country place as a great industrial power. He uses his skills and social position to revolutionize the automobile industry, provide cars in a more affordable price and give his employers better and steady wages.

Read More
545 Words | 3 Pages

This was because of what business they were involved in, how they competed against their rival businesses, and the treatment of their workers. Men such as J. P. Morgan and John D. Rockefeller were considered “robber barons” in their time. These men were very wealthy and had companies that took over any company that was like it. They almost had complete control over any business that competed with theirs.

Read More
218 Words | 1 Pages

Robber barons, specifically Andrew Carnegie, an industrialist and John D. Rockefeller, a philanthropist, were the chosen, elite members of society according to the doctrine of Social Darwinism. Darwinism is when evolution occurs and the strongest organisms of an ecosystem survive and reproduce to outnumber the weaker, less fit organisms of an ecosystem. Similarly Social Darwinism follows the same concept, but in a capitalist sense of thought. Those who were able to exploit the Gilded Age’s laissez faire economy to their own benefit, like the robber barons Andrew Carnegie of Carnegie Steel and J. D. Rockefeller of Standard Oil, were the fittest members of society because they were able to survive in the grueling and ruthless free economy. By usurping all of the fresh yet unfit immigrants that were flowing into the States due to the rise of urbanization, these two men integrated these easily-manipulated people into their factories to augment their profits.

Read More
1093 Words | 5 Pages

The captains of industry believed that the poor people were inferior to the rich people. The rich were superior because they had “wisdom, experience, and the ability to administer”. The duty of a rich person was to help out a poor person which was what was said in the Gospel of Wealth. The Gospel of Wealth is about how the rich person's responsibility is philanthropy. Carnegie believes in charity work so he would donate to libraries, and universities and schools and etc.

Read More
1125 Words | 5 Pages

Some historians have characterized the industrial and business leaders of the 1865—1900 period as "robber barons," who used extreme methods to control and concentrate wealth and power. This is shown very prevalent in this historical information through economic relations with power as well as striving for both political and social control. Robber Barons were extremists who used tactics to become the apex of the wealth pyramid. For example, William Vanderbilt, father of Cornelius Vanderbilt, used strategies to become the number 1. Monopolizing huge industries through the formation of trusts, running competitors out of business, paying low wages, these were just some methods that Robber Barons would use.

Read More
501 Words | 3 Pages

In the late 19th century, the United States of America was growing rapidly, especially with the rise of industrial businesses and corporations. Some of the most popular figures that contributed to this growth were John D. RockRockefeller, Henry Ford, JP Morgan and Andrew Carnegie. These multi-millionaire tycoons gained wealth and fame during the “Gilded Age” by contributing to industrialization and the improvement of America as a whole. Although these individuals, and many more are typically known for their support and creation of the industrial revolution, were they “Robber Barons” or were they productive managers of the emerging growth of America?

Read More
950 Words | 4 Pages

He spent the last part of his life giving away millions of dollars. He donated funds to build more than 3,000 public libraries and he funded the Tuskegee and Carnegie Institutes. In his book, The Gospel of Wealth, he described the importance of charitable giving for the public good. These actions instantly changed Andrew Carnegie from a robber baron to a captain of industry.

Read More
925 Words | 4 Pages

There had to be a way to keep the industry growing, with the needs for education, as well as materials for farming and for the use of new inventions in technology. The captains of industry were very capable in providing for these needs. In Document C, Wealth, Andrew Carnegie describes what the man of wealth was responsible for: “To produce the most beneficial results for the community- Bringing to their service his superior wisdom, experience, and ability to administer, doing for them better than they would or could do for themselves.” The conditions of the lower class at the time gave these men a leading role for priorities, which they were successful with.

Read More
921 Words | 4 Pages

ANDREW CARNEGIE—THE ROBBER BARON Andrew Carnegie was one of the greatest of the tycoons of industry in the late nineteenth century, also being one of the greatest of the robber barons of the late nineteenth century. A Robber Baron is an owner of business who puts others down to gain fame and fortune. During a time of laissez faire, which is French for let alone, meaning government stays out of the business of others, any business owner could do whatever they wanted with their industry and workers—Carnegie took advantage of this by paying workers little salary and poor treatment. Some say that his past dictated what his future would be like—growing up poor meant others should grow up poor. With all of his money and power, he considered himself

Read More
208 Words | 1 Pages

Eastman, Morgan, Rockefeller, and Carnegie were all Captains of their Industries. They were all Captains of their industries because they had innovation to do incredible things that no other person could accomplish at the time. For example, Morgan created the world's 1st billion dollar Corporation. This made him leader of his industry because no one has ever done this before and it was $1 billion dollars! That was a lot of money back then.

Read More
643 Words | 3 Pages

The Captains of Industry were certainly one of the most important factors in the development of United States in the period directly after the Civil War. While there is some merit to the argument that the industrial leaders were Robber Barons that did more harm than good, their contributions to American society clearly outweigh those negatives. The Captains of Industry quite literally revolutionized the American way of life that gave the U.S. the highest standard of living in the world prior to the outbreak of World War I. This was made possible due to the emergence of corporations in areas such as finance, steel, oil, and railroads. When these men combined with other factors, such as the mechanization of agriculture, immigration, migration,

Read More
1406 Words | 6 Pages

History should remember the entrepreneurs of the 1800’s and 1900’s as Captains of Industries or Robber Barons. These entrepreneurs

Read More
235 Words | 1 Pages

Robber Barons and Captains of Industry Some might believe that the businessmen of the Gilded age are robber barons because of how some of them treated their workers and spent their money. The businessmen of the Gilded Age were captains of industry because of the impact that they made on the country. Carnegie, Rockefeller, Morgan, and Vanderbilt all have done things that can identify them as captains of industry. These businessmen gave their time and effort to help the economy grow.

Read More

More about Captains Of Industry In The 1860s-1900s

Related Topics

Open Document