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How did John D. Rockefeller oil companies affect America
How did John D. Rockefeller oil companies affect America
How did John D. Rockefeller oil companies affect America
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The question of whether John D. Rockefeller and Andrew Carnegie were "captains of industry" or "robber barons" is a complex one. Both John D. Rockefeller and Andrew Carnegie played significant roles in the growth and development of American industry during the late 19th and early 26th centuries. On one hand, they are often referred to as "captains of industry" because of their entrepreneurial spirit and their ability to innovate and transform entire industries.
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.
Arguably one of the most pivotal points in American history, the industrialization of the 19th century brought about a new way of life, and with that came intense competition and crucial outcomes. Cornelius Vanderbilt, Andrew Carnegie and John D Rockefeller are just a few examples of industrialists that made lasting impacts on society. I believe that these 19th century industrialists did not always play fair, but it was their motivation and intuition behind their choices that credit them as the “Captains of Industry” and helped shape American business. To earn this title, these men had to do whatever it took to stay on top. Being the front runners, they were constantly being targeted and had to fight back to ensure the prosper of their own
John Rockefeller, Andrew Carnegie, and Henry Ford are all men of this time. Two of them being Captains of industry, and the other, a Robber Baron. John D. Rockefeller was a very important reason why the 2nd Industrial Revolution was a success. Rockefeller was a captain of Industry because he started the company of Standard Oil. Standard Oil started out as a small company, but then Rockefeller made a big deal with Cornelius Vanderbilt, which put his oil on Vanderbilt’s 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.
Because of these businesses, Morgan became one of the most wealthy men in American history. I would like to argue that because of this wealth, Morgan can be considered a Captain of the Industry. Morgan can be considered a Captain of Industry because of the money he donated to different charities and the community. Morgan donated millions of dollars to charities
While some industrialists were referred to as "captains of industry" due to their significant contributions to the growth and development of the American economy, ultimately, their actions and methods of acquiring wealth and power, such as their monopolistic practices and corruption/bribery, classify them as "robber barons" who prioritized their self-interests over the well-being of society and the economy. The manipulation of markets ultimately ruins the natural flow of the market and results in many advantages for very few already wealthy individuals. John Pierpont Morgan, better known as J.P. Morgan., was an extremely successful industrialist who eventually merged his business with his father's company to form J.P. Morgan and Company. Through
Olivia Strzalka 10/19/15 The wave of industrialism, in the 1800s and 1900s, was driven by men that ruled over American industry. These two men, most commonly known as Andrew Carnegie and John D. Rockefeller, used strategies and tactics that made some people think of them as robber barons while others had a more positive outlook and believed they were captains of industry. Robber barons referred to people who used unfair business practices. On the contrary, captains of industry were entrepreneurs who took risks developing the new inventions and technology during the era of the Industrial Revolution.
Rockefeller was the founder of Standard Oil, and helped revolutionize the gas and oil industry while Henry Ford revolutionized the factory setting and the assembly line. While JP Morgan was primarily a businessman, he revolutionized the basic business, and became a huge supporting cast for the railroad industry. Finally, Andrew Carnegie innovated the steel production industry, and made steel production and transportation thrive throughout the country. The individuals mentioned above are only a fraction of the many different people that thrived and helped develop America during the Gilded Age”. These famous, or infamous industrialization tycoons thrived during the late 19th century, and created many of the businesses and operations that we know
With this new influx of workers and business, numerous so called “Captains of Industry" were born. Men such as Andrew Carnegie and John D. Rockefeller were men who came from nothing, but made fortunes off their innovations in the steel and oil industries. While their actions greatly benefitted the American economy, their monopolistic desires earned them a sinister reputation. These captains both had a disdain for competition and would do everything in their power to eliminate or absorb any opponents in order to gain more influence.
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.
The Gilded Age, around the 1870s to the late 1890s, led to immeasurable success within the American economy and society. Wealth for a few led to hope for the many, and the idea of becoming immensely wealthy appealed to people. People saw that anybody could rise to the top through hard work and it was exemplified in people like Andrew Carnegie and John D. Rockefeller. This gave them hope and advanced the idea of American exceptionalism and superiority. The process of obtaining wealth led to industrialization and urbanization but also to many problems.
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.”
Further, Phoebe's letter develops to show an archaic poetic diction in line 45 with 'whiles and eyne in line 48, and throughout her declaration for Ganymede, Phoebe uses many rhyming couplets with 'eyne' and 'mine' (48-9), 'effect' and 'aspect' (50-1), 'thee' and 'me' (54-5), 'mind' and 'kind' (56-7), and a personification in line 48 with 'if'. The devices suggest romantic gesture and inner feelings towards Ganymede. Silvius the 'poor shepherd' (4.3.62) as Celia called still debating about the 'chiding' or scolding words Rosalind mentioned before. However, Rosalind feel no 'pity' (63) for him, and her reply expressed an antimetabole in line 64 and 65. Also, Rosalind continues telling Silvius in an angry tone, that he will be the messenger
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.
