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Andrew carnegie contribution to the industrial revolution
What kind of impact did andrew carnegie have
Andrew carnegie contribution to the industrial revolution
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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.
Andrew Carnegie owned and steel mill in Homestead, Pennsylvania that was slowly growing unfair, Carnegie put a man named Henry Frick in charge that wanted to lower people's pay and raise hours in the new contracts for the worker. The workers at the Homestead Steel mills were very upset so they went on strike. The strike was very violent and 16 people died. The main person responsible for the strike was Andrew Carnegie. He is to blame because he left to Switzerland to get away from all of this without having a new contract for his employees
Carnegie, saw a new method to produce steel;he came to the U.S and built a million-dollar steel plant. He made sure Congress passed tariffs keeping out foreign steel, and keeping its price to $28 a ton. Workers were looked down on because they were poor. These businessmen were very corrupt, they maintained high prices, but kept wages very low, and still used the government's subsidies. This act left 200,000 men working twelve hours and not winning enough money to keep their families alive.
Author of the New York Times #1 bestseller novel Salt, Sugar, Fat How the Food Giants Hooked Us and a Pulitzer Prize Winner, Michael Moss examines in his novel the correlation between the American diet and processed foods. Michael Moss not only writes about his visits to the infamous food factories but he also cites short accounts of food factory founders and includes the interviews of multiple individuals who have high positions in the processed food industries which he scrutinizes in his novel. He provides the reader with first-hand accounts of individuals who partook in either critiquing the efforts of food industries or were directly involved in the obesity epidemic that has overtaken the American diet.
Andrew's steel company, Carnegie Steel Company, became the leading and most efficient company in producing steel. Not only did his company make him one of the richest men in the world, but it also helped in the advancement of society. By 1889 his company was the largest steel company in the world. However, shortly after the homestead incident, Carnegie sold his company in January 1901 for 480 million
Saito-Chung, David. “Andrew Carnegie Ignited America’s Steel Industry.” Investors Business Daily (2013): 3. The article provides discussion how Andrew Carnegie became the undisputed king of steel in the 1800s, including his motivation to enter into the field of steel, his personality and his way of choosing employees.
Once he was sixteen Andrew was famous for being able to decode dot-dot dash-dash messages (morse code) and was paid $4.00 a week. In 1872 Andrew met Henry Bessemer, the creator of the steel mill, Andrew decided to adopt Bessemer's idea and bring the steel mill to the United States. This would be Called the J. Edgar Thomson Works (Pre-DBQ). This evidence helps explain why Andrew Carnegie was a hero because he had the courage to work hard to get to where he was at the nearing end of his life.
He was also one the wealthiest men of his time and helped transform the steel industry. Andrew Carnegie could be considered to be a hero in many ways. He helped create jobs, transformed the steel industry and also helped other industries, and was an influential philanthropist. Many of the people at the time were poor and living in poverty. There weren't many jobs; and the one that they did have didn't pay enough to sustain a family.
From this point forward Carnegie dedicated himself to his work to create a better life for himself and it was in 1872 when Carnegie’s life was quickly and remarkably transformed. It was at this time where Carnegie was introduced to Henry Bessemer who had developed a special and technique for converting iron into steel. With the success of the so-called “Bessemer process” it was not long before Carnegie began mass producing millions of dollars worth of steel. Andrew Carnegie was considered an inspiration through generous donations to charity, his intelligent and practical business decisions and his, but when it came to the treatment of his workers, Carnegie was neglecting and terrible.
Andrew Carnegie isn’t a hero because he only does things for money to in the end make a name for himself. Andrew Carnegie was a selfish man. He didn’t like competetition and he didn’t like losing or giving money away unless it benefitted him. Carnegie allegedly grew up poor and by the age of 12 went to work to help out his family. Carnegie worked 12 hours a day and got payed $1.20 a week, later he taught himself morse code and got payed $4 a week ( because he got promoted to telegraph operator.)
Carla Mendoza Business 1050 10/9/15 Assignment 14 “An employer’s view of the labor question” by Andrew Carnegie Vocabulary 1. Aggrandizement- to enlarge or extend something 2. Aggregate- collected to form a whole, sum total 3. Discontented-
The men that built America as they are called, are in fact Captains of Industry. Without them America would not be what it is today, the jobs they created and the things they invented helped make America a world power. Carnegie gave away almost his entire fortune before he died. Which was $350 million, in today’s money that is $13.7 billion. The captains of industry helped create thousands of jobs which allowed more people to work.
Some say that Andrew Carnegie was not the hero that he pretended to be. The immense fortune he had amassed was created not altogether honestly. The essay written by Carnegie himself titled The Gospel of Wealth argues that rich men are “‘trustees’ of their wealth” but have the responsibility to use money for the benefit of the public (Andrew Carnegie). This belief is evident in some of Carnegie’s more public acts; large donations towards schools were meant to show the tycoon in a more pleasant light.
Many people know the “Man of Steel” as an amazing superhero who saves thousands of lives everyday. While his adventures are found in comic books and photos, a real Man of Steel once walked on the earth. Andrew Carnegie was born in Scotland but his family traveled to the U.S due to the introduction of new machines in the work force. He was a famous steel industrialist who influenced the making of steel across the nation. Andrew Carnegie also spent his time as an influential philanthropist and donated money towards building educational facilities such as colleges and libraries.
Our places of work seem to be unique places where our great country's laws and the usual well-organized social proceedings look out of place. However, this assumption is not true because every employee has rights. In our complicated work society where there isn't any government interference, you may need to consult an employment lawyer to ensure that you have adequate protection regarding your rights to earn good income and other rights at work. The only professional who is a professional when it comes to convincing a judge, jurors or labor board members that you have the right to receive adequate compensation for injustice or work-related injuries is an experienced employment lawyer.
