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Andrew carnegie industrial revolution
Carnegie and the steel industry
Andrew carnegie industrial revolution
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More handpicked essays just for you.
Andrew carnegie industrial revolution
Carnegie and the steel industry
Andrew carnegie industrial revolution
Don’t take our word for it - see why 10 million students trust us with their essay needs.
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 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.
The free enterprise system offered Andrew Carnegie unrestricted industrial power, used by profit focused individuals like himself. Andrew Carnegie went on to become one of the wealthiest men of the 19th century. He came into the nicknames of "the steel magnate" and the "oil baron". Early on Carnegie had the strong characteristics of a successful entrepreneur. Carnegie had a ruthless financial and organizational skill and a great appetite for cost efficient production, and a keen eye for innovation.
People tend to reach success in a number of different ways. Looking at the past, success was often reached in ways that would be looked at as both good and bad. Andrew Carnegie was very successful but reached that success at the expense of his workers, which is why many would refer to him as a robber baron today. Andrew Carnegie placed the workers of his steel company in a harmful working environment. These workers were on the job for twelve long hours, seven days a week, in dangerous working conditions.
“I began to stop accumulating and begin the infinitely more serious and difficult task of wise distribution,” as said by Andrew Carnegie. The industrialist and hard-working Andrew Carnegie was a very successful businessman and philanthropist. Andrew Carnegie provided the United States economy to rise due to his steel production in the 1800’s and 1900’s. Although some may think Carnegie was a brutal businessman, Andrew Carnegie enhanced the United States due to his business investments, his philanthropy, and his educational institutions. One way Andrew Carnegie enhanced The United States is his business investments.
Andrew Carnegie, one of the best businessmen in all of american history. Most consider Carnegie as a robber baron but I disagree. I say that Andrew Carnegie was in the place of a captain of industry. Carnegie was a captain of industry because he was the world's richest business man that came from a poor shoemaker house in scotland and once he sold away his massive company he turned to the people and became a philanthropists.
The context of Andrew Carneige becoming a Robber Baron is the Industrial Revolution, because the industrialization is the explosion of factories and the mass production of consumer goods such as steel. The industrial revolution act set the economic foundation that allowed Andrew Carnegie to create the monopoly that is carnegie steel. Some will argue that Andrew Carnegie is a Captain of industry because in Document 9 he wanted to make sure the people had a good lifestyle, but the evidence supports he is a Robber Baron because he used his wealth for more money and he also didn’t show any humanization towards the people. In document 3 we talk about something called the Shrewd Businessman, in this document it says that Andrew Carnegie made
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.
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.
:Not many people get the opportunity to significantly shift America’s ways of life with empty hands. Andrew Carnegie was a diligent man who pulled himself up to success, having nothing to offer, but his fascination with the steel industry of America. His vertical monopoly in America’s steel industry helped economically. He gained a fortune and did many great works as a philanthropist. One could say Andrew Carnegie’s righteous acts outweighed his unrighteous acts, but unfortunately, he did not stay true to his proclaimed duty as a man of wealth.
Carnegie was one of the major turning points in the beginning of the Golden Age or as Mark Twain would call it the The Gilded Age. “Jay Gould, Andrew Carnegie, John D. Rockefeller, and other business leaders pioneered new strategies, to seize markets and consolidate power in the rising railroad, steel and oil industries”. What these men did was the main reason why there was a gilded age. After the Civil War American industries were expanding tremendously and old industries like the iron industry turned into a modern industry of U.S steel. Oil companies was aiding the electric light and power of America.
Andrew Carnegie was one of the richest men of his era. He helped to completely change the Industrial Era, and had a large impact on American history. Although Andrew Carnegie was a rich man, he was not always that way. Growing up in Scotland and later moving to America with his family, Carnegie faced many challenges in his life; however, these challenges helped to make him stronger and more successful.
Andrew Carnegie was a steel producer in the 19th century. He built himself a business from the ground up that earned him millions of dollars. Carnegie was an immigrant from Dunfermline, Scotland. As soon as he landed in the states he started building his business only at age 12. His hard work and determination helped him out in his later years.
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
Carnegie was considered a Robber Baron for many reasons. For example, he gained huge profits because of his workers low wages. In the excerpt, “Who was Andrew Carnegie,” the author said, “his steel workers were often pushed to long hours and low wages.” Workers worked in harsh conditions and received no benefits causing them to live in poverty with scarce food, clothing, and shelter. Workers were tired of the low wages and decided to go on strike.