Recommended: Chapter 17 - the panic of 1893
George Eastman, J.P. Morgan, and Andrew Carnegie were Captains of Industry. They were all Captains of Industry because they were all leaders in their own industry. George Eastman was the leader of the film industry. Eastman created the well known Eastman Kodak film company. Eastman developed film and a small, affordable camera that the average person could afford.
Eastman, Rockefeller, and Carnegie are Captains of Industry. They are Captains of Industry because they donated their money to help children. George Eastman supported dental clinics for children who couldn 't afford treatment so their teeth are more white and they will take more pictures and use his camera. Andrew Carnegie donated more than $350 million to help build over 2,500 libraries and used his steel to make them. Also, John D. Rockefeller Founded the General Education Board in 1903 and established high South by providing free professional advice.
All this industry produced a lot of wealth for several businessmen like Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, and J.P. Morgan. These men were well-known as the “Captains of Industry”. Cornelius Vanderbilt also known as “The Commodore” built on of the largest shipping empires in the world. In his early years he was a steamboat manager and entrepreneur. He decided to sell all his ships and invest his money into railroads.
Vanderbilt created the integrated railroad network making standard time, equipment and a standard gauge for all railways. The standard time he incorporated was adopted as the modern standard time system which fixed scheduling problems and gave us our four present day time zones. Carnegie’s growth of Steel Mills employed thousands of workers, and his steel was also used in the construction of the first skyscraper, and the Washington Monument. Rockefeller lead way to future advancements in petroleum uses such as gasoline engines. These three men made way to rapid more adequate transportation, and the availability of steel and oil accessible to more at a cheaper cost.
George Eastman, John Rockefeller, and Andrew Carnegie were all Captains of Industry. They were all philanthropists, which mean they donated a lot of money. George Eastman donated over 50 million dollars to dental, medical, and technology. Andrew Carnegie donated more than 475 million dollars to public education, museums, concert halls, technology, and benefactions after death. John Rockefeller donated more 410 million dollars to medical, education, and academic salaries.
During the 19th century, industrialization impacted the United States in many way. Industrialists, like John D. Rockefeller, owned or were involved in management of an industry. At the time, these agents were considered a “Robber Baron,” while others were considered a “Captain of Industry.” However, many were considered good because they were philanthropists. John D. Rockefeller was born on July 8, 1839, in Richford, New York.
After the Civil War, America took a shift in manufacturing and the economy from the Industrial Revolution. The Railroad Industry allows people to develop businesses and learn how to manage sales. Through the Industrial Revolution, a new manufacturing era sparked Big Business. Industry leaders such as Andrew Carnegie and John D. Rockefeller developed new strategies to efficiently produce, sell, and manage their business specialties. These Big Business leaders grew their wealth exponentially, leaving the pay gap between the wealthy and the poor remarkably large.
One man used his power and influence to save the United states in several times of economic crisis. James Pierpont Morgan, also known as J.P.Morgan, helped prevent many economic crises because of the void of a U.S central bank and was one of the leading figures during the Gilded Age. James Pierpont Morgan would go on to reach substantial goals. He rebuilt failing companies to be successful investments, he was a god to the financial industry, and he also had a big nose. His legacy can be easily spotted today, like his nose in drawings.
The Captains of Industry wanted what was best for America in the industrial and economic side of the country’s growth during the Industrial Revolution. Men like those Captains came to America while it was in a transitional phase of sorts. America was welcoming new immigrants and starting to dive into the Industrial Age, and it continuously challenged the minds of its people every day. Captains of industry created new revenue for the country, as it could sell these inventions to other countries and gain a higher status and more money. Also, they created lasting inventions, and top-of-the-line products that we use today.
Without this kind of advancement from these men’s multiple inventions and factories which created many jobs. The World would still be thirty years behind in technologies. Jobs were created in droves because of these men, which means a lot of people got to work and a lot of people were able to support their families. The opportunities that were opened up for the average American were increased ten-fold because of the rapid expansion that these men were creating. The types of work that became available to the working man were mainly factory jobs such as repair the machines if they broke-down which happened a lot.
George Eastman, J.P. Morgan, John Rockefeller, and Andrew Carnegie were all Captains of Industry. They were very successful and created innovations and inventions that had an influence on America. Many of their innovations are still used today and have been innovated more over time. George Eastman, the founder of Kodak, invented film to make photography easier. This invention led to the innovation of the camera to make it easier to use, more portable, and much cheaper.
Industrialization and Industrialists had many important impacts on America. The era of industrialization known as the " Gilded Age" opened up many new doors for the American people. The industrialist Andrew Carnegie had one of the biggest impacts on America by far. Carnegie was responsible for the production of steel.
It transformed the United States from a debtor nation into the world’s largest lender in a few years. Looking back, the development of the U.S. after the Civil War was inevitable, but the course that it took to get there was not. The Captains of Industry revolutionized their chosen industry and created an economically strong nation that was capable of meeting the challenges of the next century. Were it not for these men, history would have turned out very different for the United
A Captain of Industry is used to describe a successful businessman. Carnegie created an efficient steel industry. He did this by, converting iron into steel and built a new steel plant for his company called, Carnegie Steel Company. In the excerpt, “Who was Andrew Carnegie,” the author says, “Carnegie changed huge batches of iron into steel, which was much more flexible than brittle iron. Carnegie threw his own money into the process and even borrowed heavily to build a new steel plant near Pittsburgh.”
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.
