“We now stand ten years past the midpoint of a century that has witnessed four major wars among great nations. Three of these involved our own country. Despite these holocausts America is today the strongest, the most influential and most productive nation in the world. Understandably proud of this pre-eminence, we yet realize that America's leadership and prestige depend, not merely upon our unmatched material progress, riches, and military strength, but on how we use our power in the interests of world peace and human betterment.” – Dwight D Eisenhower It took humanity one thousand years to develop from the creation of the wheel to the completion of the first chariot. Henry Ford’s first car could barely drive 5 miles per hour; during his …show more content…
“Hear you have it! When you can’t find any reduction I your oil, tobacco, sugar, and steel bills, growing out of tufts fearful war on the trusts, screw up your faith a little tighter and observe what the administration says… All you’ve got to do is outlive Rockefeller, Morgan, Carnegie, and the other kings of finance and wait until their heirs get tired of grabbing off 20 to 90 per cent profit.” (Scripps 5) The progress made by these titans was unmatched nevertheless the effect that it had on the simple working class was not classified as pleasurable by the older traditionalists present in the working class. While Rockefeller and Carnegie were revolutionizing the industry the working class was left catching up to the new method of production. This led to a large change in both economic status of the social classes and the amount of interaction that happened between the upper and lower classes. Before the industrial revolution the ability for a peasant to work his way to an upper-class citizen would have been considered impossible. Henry Ford was born into a very poor family of 8, but he managed to create one of the most successful vehicle companies that is responsible for the creation of over 13.9% of the cars that exist at the …show more content…
Carnegie was born in Scotland where he started working in a cotton factory at 13 years old to get that 1 dollar and 20 cents an hour to his struggling family. Carnegie became financially stable at 30 years old when he started getting involved in both that iron and oil business. As Carnegie experience grew, he developed a system under which he became both the supplier and manufacture od his steel. His helped minimize expense and maximize profits and efficiency of production. US Steel became Andrew Carnegie’s biggest success which helped him amass a financial net worth almost equivalent of Rockefeller’s. “Fond of saying that ‘the man who dies rich dies disgraced,’ Carnegie turned his attention to giving away his fortune. He abhorred charity, and instead put his money to use helping others help themselves. He spent much of his collected fortune on establishing over 2,500 public libraries as well as supporting institutions of higher learning.” (PBS 1) Although Carnegie was always liked as both a coworker and a boss. The examples that Andrew Carnegie set have been followed by many entrepreneurs throughout the last century and are to this day shaping that way we as a society perceive both money and the concept of