ipl-logo

Philanthropists Of The Gilded Age: Captains Of Industry

622 Words3 Pages

During the Gilded age, there was a group of industrialists who impacted America greatly. Industrialists like Vanderbilt, Edison, and Rockefeller all owned successful businesses and were leaders in their industries. Industrialists of the Gilded Age were Captains of Industry because they were inventive and were Philanthropists who benefited society. Throughout the Gilded Age, industrialists were Captains of Industry because they were Philanthropists who donated money to schools, medical centers, and former slaves. Many industrialists such as Carnegie and Vanderbilt have all contributed money to different charities and have supported many colleges. Philanthropists have all donated money to benefit society and help other people as well as their …show more content…

The rise of new technology changed the nation's productivity and improved communication networks. These new inventions also led to the rise of new industries which increased wealth and employment rates. During the late 1800s, innovations such as the telephone and the light bulb increased economic development. In 1876, Alexander Graham Bell invented the first telephone and created a telephone company called the American Telephone and Telegraph Company which is known as, AT&T (Sussman, Gregg, n.d., p. 411). This invention changed the world by improving communication during the Gilded age. By inventing the telephone people were able to communicate long distances without having to send letters to family and friends. In the early 1900s, Thomas Edison invented the light bulb which changed the world. Because of the light bulb, people in factories were able to work in better conditions, increase productivity, and eliminate pollution caused by gas lighting. Technology changed the way people lived and made their lives easier. Edison and Bell were Captains of Industry who took risks in developing new inventions that improved the lives of all American

Show More
Related
812 Words | 4 Pages

Vanderbilt didn’t give much money away to charities but he did donate $1 million to build Vanderbilt University in Nashville, Tn. Rockefeller donated over half a billion dollars to various educational, religious, and scientific causes including The Rockefeller Institute for Medical Research which is now Rockefeller University. Carnegie gave away about $350 million to various charities including the $1.1 million needed to for the costs of Carnegie Hall. As “Captains of Industry” they contributed vastly to the growth and advancement of American economy even if the way they went about it was

Read More
173 Words | 1 Pages

They would donate high amounts of money to hospitals and schools to help improve society. Other examples are JP Morgan, Andrew Mellon, Andrew Carnegie, and Henry Clay Frisk. They

Read More
290 Words | 2 Pages

Industrialist impacted the gilded age by creating monopoly on products. Thy also created new ways to do things such as the pipeline. They also changed the government by changing polocies and creating acts to ensure fair practices. Industrialist such as Vanderbelt had a monopoly on the rail road, and Rochafeller created a monopoly on the oil bussness. This changed a lot of peoples lives because they put people out of bussness they put people out of business or they worked under them.

Read More
501 Words | 3 Pages

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

Read More
1368 Words | 6 Pages

Automobiles. Telephones. Lightbulbs. These were some of the major technological innovations created during 1865 to 1920. These creations impacted many Americans, even to this day.

Read More
206 Words | 1 Pages

Andrew Carnegie, a Scottish American leader was best known for his steel and production and philanthropy also know as to some as a robber baron and to other as a “captain industry,” Carnegie founded the Carnegie Steel in the Progressive Era. His company led to him learning about the lives of the workers and to see how life really worked for them. He began his essay “Wealth” by describing the problems of generosity by the rich men of the upper class. Carnegie wanted the wealthy men to comprehend how to be philanthropy and reconstruct their surplus means in a responsible and thoughtful manner.

Read More
255 Words | 2 Pages

Businesses like oil, the telephone, and the Bessemer Process really helped. Oil replaced whale oil and the telephone helps us communicate long distances. The Bessemer Process sped up the

Read More
679 Words | 3 Pages

They donated money to many different things and invented many different things we still use today, which make them philanthropists. Andrew Carnegie donated his money to a fund scientific research and also made a pension fund for teachers by donating ten million dollars (Andrew Carnegie). Andrew Carnegie also created one of the largest steel companies that was made cheaply and efficiently. John Rockefeller donated his money to donated almost half a billion dollars to educational, religious, and scientific programs. John Rockefeller was the head of the Standard Oil Company.

Read More
1005 Words | 5 Pages

The Gilded Age is often recalled as one of the most significant periods in American history and for great reason. This era brought about rapid industrialization, introduced new technology and inventions, and the rise of corporations. As with most things, the Gilded Age also had its fair share of vices such as corruption in business and the blatant exploitation of laborers. As the frustration with these things began to build, politicians often distanced themselves from serious issues or flat our refused to properly address them. When politicians did attempt to address this issues, the measures taken were either insufficient or rescinded before anything could truly be effected.

Read More
183 Words | 1 Pages

Industrialist had a major impact on the U.S. during the Gilded Age. They increased production rapidly and efficiently. Therefore decreasing the need for labored workers. With the industries advancing in technology, and increasing the outcome of which the products are made.

Read More
996 Words | 4 Pages

It also provided more job opportunities (Bondy and Mattys 63). Also, telephone lines became popular to own during the 1918s. These were joint throughout the neighbourhood and it became easy to listen into conversations (Bondy and Mattys 63). These inventions made it easier for citizens in Canada to live an efficient life. Each of these inventions contributed to advancements in the communication and transportation technology sector today.

Read More
305 Words | 2 Pages

Industrialist had a huge impact on the gilded age. The gilded age was a rapid expansion of industrialism and a massive jump in the population of immigrants in america. The industrialist during the gilded age such as Andrew Carnegie, John D. Rockefeller, and Vanderbilt had a big impact because of their businesses. Vanderbilt was the first of the three to be a leader of industry. Vanderbilt made millions using the railroad system and built an empire with them.

Read More
350 Words | 2 Pages

Philanthropy is the desire to promote the welfare of others. It is especially shown when individuals donate money to good causes. Philanthropy gradually improves farmer’s wages and factory workers working conditions. There were many great examples of this in the Gilded Age, one being, Andrew Carnegie. He was one of the most influential philanthropists in the Guiled Age.

Read More
305 Words | 2 Pages

The inventions would impact people in life and their work. In Thomas Alva Edison's time he was trying to find a clean way for light in a room. In 1888 Edison solved that problem with a smaller efficient and a cleaner light in a room. Thomas Alva Edison created the first incandescent light bulb. The way it would work is that their would be some bamboo filament in the bulb under the part where the light would start.

Read More
235 Words | 1 Pages

Andrew Carnegie and John D. Rockefeller were hardworking and used their money to help others instead of keeping it for themselves. They both started and donated to charities. Carnegie gave away most of his money before he died and established thousands of libraries.

Read More

More about Philanthropists Of The Gilded Age: Captains Of Industry

Related Topics

Open Document