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Andrew carnegie 2nd industrial revolution
The industrial age andrew carnegie
Andrew carnegie 2nd industrial revolution
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Haley Farrell 8/7/14 AP U.S History Summer Assignment • Andrew Carnegie was an industrialist who influenced the enlargement of the American steel industry in the conclusion of the 19th century. In his era, he was one of the most well-known philanthropists who had also given most of his wealth to charities and foundations. Carnegie believed that those who are wealthy should distribute their riches to work towards amelioration of society and to reduce the gap between socioeconomic statuses, which he expressed in an article called “The Gospel of Wealth” in 1889. Andrew gained his fortune by investing in railroads and bridges in the 1860’s and then later became a bond salesman in which he worked to elevate American enterprise in European countries.
The steel tycoon Andrew Carnegie started out from a humbling beginning as poor immigrate working his way up the corporate ladder (). Until the day came when Andrew Carnegie decided he would strike out on his own, and Carnegie Steel was born. Now, Carnegie new that his steel mills most valuable assets was the workers. Consequently, Carnegie encouraged the workers to participate in collective bargaining for wages (). As a result, the factory workers were able to bargain their way to a truly livable wage.
He was one of the first economists to change the way the economy was run. Born on November 25, 1835, Andrew Carnegie was one of the most wealthiest and famous industrialists of the late 1800s and early 1920s. He is a Scottish-born American industrialist who pushed the economy of the United States into a whole new level. He was the one who expanded America’s economy into what we know it as today. Ever since he was a young boy, he already had ambition burning inside of him.
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.
In order to format the steel industry, Carnegie needed to first construct his own empire. “Realizing that iron and steel would play an increasingly important part in the American economy, Carnegie resigned from the railroad in 1865 to concentrate on manufacturing
Carnegie learned in order to become a millionaire in the steel industry he had to own the steps of manufacturing a product. Somehow, he found himself in charge of four. Shipping raw materials and minerals such as limestone, coal, coke, and manganese over the railroad was already one. Andrew Carnegie also had the production going well through many factories, ore ships, and steam shovels.
Andrew Carnegie Essay If I told you Andrew Carnegie was two-faced, would you believe me? He is the all powerful, self-made hero right? Well this “hero” was born in November 1835, in a Scotland settlement, living in the attic of a small cottage. He attended a one-room school with 150 people crammed into it.
“No Man of business drew more attention that the king of steel, Andrew Carnegie” (Background Essay). Andrew Carnegie grew up in Dunfermline, Scotland and immigrated along with his family to the United States in the 1800s. He worked his way up from being a poor immigrant to working with people such as Rockefellers and JP Morgan. He became one the most famous industrialist who led the expansion of the steel industry.
In today's world steel is used for many things such as Agriculture, Healthcare, Food service, Energy, Construction, Packaging, Automotive, Consumer goods, Technology, and Transportation. It's really strong and reliable. It's also relatively cheap to. In conclusion, carnegie ma a lot of money in the iron and donated a lot of money to libraries. He was an incredible
After the Civil War, the United States experienced many events in terms of economy, culture and social, and those events made a big change to the U.S. One of the richest person in the world, “Andrew Carnegie”, who is also known as the civil leader, built the steel mill by 1900. While, most of the firms were working by themselves or family at that time, he was good at vertical integration. Including him, thanks to the genius and rich inventors, the concept of social and economy of U.S. had changed. On the contrary, because these rich people had most of the finance, the number of people who were under the lower-class had been increasing.
“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,
Andrew Carnegie was a poor man growing up. He started with a house that cost 20 dollars to rent, and throughout his life, he had to work his way up the social ladder and eventually ended up living in mansions and castles. Carnegie used a business practice he invented called vertical integration, which lowered costs and effectively made better quality products. Carnegie was a well respected boss and provided equal pay for
Andrew Carnegie was one of the most famous and wealthiest American industrialist during the Industrial Age. He was a robber baron who made a fortune in the steel industry and applied vertical integration to his business. Carnegie contradicted his views as a robber baron because he supported, but destroyed many unions. This made many of his views unethical.
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.
During the late 19th century, there was a growth in industrialization. This brought new opportunities for the poor and the rich. For example, Carnegie helped build the steel industry in Pittsburgh Pennsylvania, which made him one of the richest man in the world. As Carnegie gained more wealth, he questioned who money should be given to. Carnegie was both a Robber Baron and a Captain of Industry.
