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Similarities Between Carnegie And Rockefeller

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The streetlights burn slowly and patiently, flaring as more oil is funneled in. The tracks leading across the east coast are steel, linking with its brethren to create a chain travelling across the east coast. The coming train is bound for New York City, prepared to transport prospective men, women, and children to the heart of urban expansion in nineteenth-century America. The country is slowly becoming overtaken by a wave of industry. The two men, poised yet poisonous, standing at the helm of this ship of industry, are John Rockefeller and Andrew Carnegie. Rockefeller, as the head of the Standard Oil Trust, oversees the thousands of barrels of oil being exported over the country and the world. Similarly, Carnegie _. Andrew Carnegie and John D. Rockefeller …show more content…

Almost immediately after his arrival, Carnegie took a job in a cotton mill changing bobbins shortly after his family’s arrival. He worked from sunrise to sunset six days a week, receiving minimum pay. However, he was permitted to read in the library provided for the workers and did so avidly, nurturing his love of reading and books. Similarly to Carnegie’s immigration, Rockefeller and his family moved to Cleveland. However, unlike Carnegie, he attended high school and went on to attend business school for a short time. The two now had the experience necessary to launch their careers.
Despite Rockefeller and Carnegie having dissimilar educations and backgrounds, their career paths were anything but so. Carnegie soon accepted a position at the Pittsburgh Telegraph Company and caught the attention of Thomas Scott, the superintendent of the Pennsylvania Railroad Company, who hired Carnegie as his personal telegrapher and secretary. Working with Scott gave the young Carnegie many of the skills he would later use to generate his success. While he worked on the railroad, he was approached by Theodore Woodruff with an idea for sleeping

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591 Words | 3 Pages

Andrew Carnegie Andrew Carnegie’s was one of the most successful businessmen during America’s Age of Industrialization in the 1880’s. After the Civil War, he saw a future in having a career in the iron industry, and later on, decided to invest in the steel industry (PBS). Though Carnegie is most known for his contribution in the steel industry, he took part in a few other businesses as well. However, the Gilded Age is an era full of poverty and corruption hidden underneath the prosperous, wealthy nation, and the working conditions within Carnegie Steel Company were not much better than those in other factories (Resetar).

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336 Words | 2 Pages

Was John D. Rockefeller a robber baron? I’d say so. Through ruthless business tactics and exploitation of workers, he made a fortune in his lifetime. In this paper, I’m going to be talking about said business tactics and exploitation. If you believe Rockefeller was just a good business man who donated to the poor, I hope your view will be changed by the end.

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During the 19th century, industrialization impacted the United States in many way. Industrialists, like John D. Rockefeller, owned or were involved in management of an industry. At the time, these agents were considered a “Robber Baron,” while others were considered a “Captain of Industry.” However, many were considered good because they were philanthropists. John D. Rockefeller was born on July 8, 1839, in Richford, New York.

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According to the Average Daily Hours and Average Daily Wages in US Manufacturing 1892(document 7) showed that the average working hours per day of Carnegie workers were around 10 hours and the wages per day was about 1.5$ which is very cheap. According to document 8, showed about his thought about rich people. He told that the man who was rich will die with honor. He concern about rich people but did not care about the labourers. This Business thought and management could be the important evidences to proof that he was not a

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569 Words | 3 Pages

With this new influx of workers and business, numerous so called “Captains of Industry" were born. Men such as Andrew Carnegie and John D. Rockefeller were men who came from nothing, but made fortunes off their innovations in the steel and oil industries. While their actions greatly benefitted the American economy, their monopolistic desires earned them a sinister reputation. These captains both had a disdain for competition and would do everything in their power to eliminate or absorb any opponents in order to gain more influence.

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Beginning as a messenger boy for a telegraph office in 1850. Three short years later, Carnegie moved forward to a secretary position in support of the superintendent (Thomas Scott) at the Pennsylvania Railroad. Under the tutelage of Scott, Carnegie began making investments and working his way into loftier ranks within transportation, and communication. These experiences led to an ability to look future ward.

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208 Words | 1 Pages

John D. Rockefeller made his oil debut with a single refinery. However, as a savvy businessman, he quickly turned a single factory into the world powerhouse known as the Standard Oil Company. Now, the way Rockefeller was able to achieve this was through diversification, expansion, ingenuity, and cutthroat business. Rockefeller knew that the Standard Oil Company could not survive on producing crude oil alone. Consequently, Rockefeller continually worked towards developing new products from crude.

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621 Words | 3 Pages

Andrew Carnegie was a Scottish immigrant who came to the United States with his family at the age of 13. He had little formal education; however, his family believed in the importance of books. His family raised him in Allegheny PA where he worked himself up from being a factory worker, to telegrapher operator, to assistant telegrapher, to eventually superintendent of the railroad (Andrew). While he was employed at the railroad, Carnegie began dabbling with investments in oil where he brought in substantial income (Rags). Because of the huge success, he left the railroad industry to focus on other business ventures like the Keystone Bridge Company and Keystone Telegraph Company (installation of telegraph wiring in railroad tracks).

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He grew up in poverty. His father's name was William Carnegie, William worked as a weaver and was the only source of income for the family. Carnegie’s mother's name was Margaret Morrison. Carnegie’s father died in 1855, after his death Carnegie realized that he would have to take care of the family. Carnegie gotta education and by the age 18 Carnegie was a secretary for Thomas A. Scott, the superintendent of the western division for the Pennsylvania Railroad.

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541 Words | 3 Pages

He was born on November 25, 1835 in Dunfermline, Scotland. Before his success, Carnegie worked a series of jobs in railroads after moving to the U.S. He also began making minor investments while still working for railroads. Carnegie realized that these investments were bringing in significant returns, especially ones in oil. He wanted to focus on his other business interests like the Keystone Bridge Company, so he quit the railroad jobs.

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1341 Words | 6 Pages

John D. Rockefeller, America’s first billionaire, founded one of history’s most illustrious and dominating companies in the Standard Oil Company. There are few who will dispute the success of Rockefeller’s tenure as a businessman, much less his latter years a philanthropist, giving away what would be billions of US dollars converted into today’s currency (Kumar, 2012). Even as a young man, the relentless Rockefeller was “already recognized as one of Cleveland’s outstanding young merchants”, being described as “honest, reliable, and with a shrewd sense of commodity markets” (Morris, 2005, p. 17). These traits would prove to be useful, as the founder of the Standard Oil Company would take on numerous encounters with some of the most influential businessmen of his time. Rockefeller’s swift and ambitious strategies towards vertical integration, efficiency, forming partnerships and his efforts to expedite growth in his businesses were extremely effective in creating his success in such a nascent and wasteful industry such as oil.

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John D. Rockefeller had won an additional victory, but out of it came another rivalry. Andrew Carnegie, Thomas A. Scott’s pupil, angry at his mentor’s humiliation, wanted revenge on Rockefeller. He was convinced that Rockefeller was the man that sent Thomas A. Scott to his grave. After starting the skyscraper boom, Andrew Carnegie became one of the wealthiest men in America. He believed, in order to avenge his mentor’s death, he needed to surpass Rockefeller as the richest man in America.

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Rockefeller: The Captain of Industry that has helped our country thrive “The best philanthropy” he wrote, is constantly in search of finalities- a search for a cause an attempt to cure evils at their source” - John D. Rockefeller John D. Rockefeller was the richest man of his time but, used his wealth to improve our country. Rockefeller entered the fledgling Oil industry in 1863, by investing in a factory in Cleveland, Ohio. In 1870 Rockefeller established the Standard Oil Company. With the establishment of the oil company Rockefeller controlled 90% of the oil business in America by 1880.

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No, we shouldn’t do everything in our power if it risks war and civilian deaths. We should try to stop Iran from developing nuclear weapons without going as far as doing military strikes and risk another war and more American soldiers dying when we could have prevented it. I believe that if form policy fails the U.S should try to get rid of the regime when will promote stability in Iran, so it can grow as a country and not be vulnerable to regimes like the one in Iran and be able to defend itself from terrorist organization and regimes that don’t support the balance in the country and so that should an organization like Isis moves from syria toward Iran and other countries that produce oil and other things that make bombs. In short the domestic

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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.

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