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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.
Zack Spira 10/16/14 Study Skills Mr.Allison In the late 1800s not too many business owners became wealthy and took control of industries. Andrew Carnegie's parents were poor immigrants from Scotland and began to work their way up to be business leaders. Carnegie built the largest steel company and created a monopoly.
The context of Andrew Carnegie becoming a Caption of Industry is the industrial revolution. Industrialism is the expansion of factories and the mass production of manufactured goods. The Industrial Revolution of the early 1900s set the foundation for the rise of Andrew Carnegies steel. While some people think Carnegie is a Caption of Industry because he got to the top by going from rags to riches, his monopoly act, and being a good businessman, evidence suggests he is a Robber Barron because he would pay his workers such little amounts and would make them work many hours, he would also make it hard to compete against him. Andrew Carnegie is a questionable man; he went from living a very poor life as a child to being a billionaire.
He bumps into a man named Henry Bauman, who showed Carnegie how to make steel. By the early 1880s, Carnegie was the largest steel company in the United States, not because of himself, but because he removes himself of his day-to-day company and hires a man named Henry Frick. Carnegie’s steel factory was successful and rich, but he paid very little to his employees who would work hard hours, for practically nothing. He paid very little so he could remain rich. Another man known as a robber baron was James Buchanan
A free enterprise system allowed Milton Hershey to create one of the worlds most popular chocolate companies and worldwide brand. His success would not have been possible without this kind of government system. Starting at age fifteen he built one of the great American fortunes from the ground up and brought joy to millions. This type of government allowed him to switch and choose what he sold and how to make it. It also gave him the freedom to decide what to spend his money on which led to the Hershey town and the Milton Hershey School.
Free enterprise has been the cause for the rise and fall of numerous entrepenuers. One man that prospered under this system was Andrew Carnegie. Carnegie rose from the bottom of society to shape the business world through his shrewd business practices and strategies. Only free enterprise provided Carnegie with the freedom he needed to forever impact the business world. Social and economic mobility are elements unique to free enterprise.
The context of Andrew Carnegie is the robber baron. Industrialisation the expansion of factories and the mass production of manufactured goods like steel. The Industrial Revolution of the early 1900s set the foundation for the rise of Carnegie steel. While some say Andrew Carnegie is a caption of industry because he wanted to help others who were poor evidence suggests he is a robber baron because he made the vertical monopoly which makes it harder to compete with him and he had very poor working conditions and even killed some people with those horrible conditions. Andrew Carnegie made it hard for anyone else to produce steel and other various items so he could eliminate his competition which he pretty much did.
If I had a chance to travel back in time, it would be the historical time period of John Smith. I chose to interview John Smith because of his leadership ability to brave the travels from England in which to help the country become prosperous. The ability to lead the group of settlers in Jamestown to become successful even with starvation at the doorstep of the colony. John Smith was born in Lincolnshire, England around 1579 or 1580. His parents were George and Alice Smith.
Andrew Carnegie, captain of industry or a robber baron? The answer is surprisingly basic. Carnegie was a captain of industry and this is obvious, between his come up to his passing it creates a clear picture of a man who wanted to advance society. Now I won't discredit the fact that some may see him as a robber baron due to his ruthlessness in the field of business or how he didn't give enough pay to his workers, but if you think about it just a little bit he was a businessman meaning he had to make decisions that at the end of the day benefitted him and his business. I have 3 main points as to why he was a captain of industry.
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
If you were the richest person in the world what would you accomplish with all the money you had? Andrew Carnegie, an American Captain of Industry By far off the greatest profitable businessman during his age, Carnegie left his mark on industry, and ordinarily greatly impacted the expansion of business enterprise in America. Essentially, Carnegie rose from poverty to become one of the most influential, industrial men in history by single-handedly building the American steel industry. Andrew Carnegie was famously known for being a hero because he would provide plenty to the poor.
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.
In this essay, I’ll be telling you my opinion on whether Andrew Carnegie was a hero or not. Andrew Carnegie, known as the king of steel, grew up poor, but became one of the richest and most successful business owner during the 1800s and 1900s. Much of the world regarded Carnegie as the most famous living American during his time. Andrew Carnegie was not a hero because he showed off his money, treated his workers poorly, and was selfish. First of all, Andrew Carnegie flashes his wealth.
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.
A free enterprise system has helped many people, but the system has helped Elon Musk throughout his life to make amazing products like the Tesla and he has founded SpaceX. Elon musk has helped found some amazing companies in his lifetime and is now considered one of the richest people in the world all thanks to the free enterprise system. If Elon Musk did not have the free enterprise system then none of his dreams would have come true because of all of the economic and financial decisions that he has had to make to get where he is today. The free enterprise system has helped Elon Musk reach his goals by letting him make all of the financial and economic decisions that he needs to. The system has helped him over come many struggles with trying
