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What Are Andrew Carnegie's Technological Innovations

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You may have heard of the famous Carnegie Hall in New York City, where people like accomplished musicians get praised and watched for their work. Or maybe you’ve even heard of the Pittsburgh Steelers, a famous football team. Well, my friend, reader, whoever you are, these modern organizations were inspired by no other than the steel tycoon, Andrew Carnegie. Andrew Carnegie made major technological innovations in the 1880s, especially the installation of the open hearth furnace system at Homestead in 1886. Carnegie made his fortune in the steel industry, controlling the most extensive integrated iron and steel operations ever owned by an individual in the United States. One of his two great innovations was in the cheap and efficient mass production …show more content…

Frick resolved to break the union at Homestead. "The mills have never been able to turn out the product they should, owing to being held back by the Amalgamated men," he complained in a letter to Andrew Carnegie.
The AA's membership was concentrated in ironworks west of the Allegheny Mountains. The union tried to organize better pay and working conditions on an annual basis. The AA made the independently-owned Pittsburgh Bessemer Steel Works in 1881. Several years later, the union engaged in a harsh strike in 1892. This became known to be the Homestead Strike. The Homestead strike was organized and purposeful, a harbinger of the type of strike which would mark the modern age of labor relations in the United States. In the final result, it was a major defeat for the AA and was a setback for efforts to unionize steelworkers.
Carnegie learned in order to become a millionaire in the steel industry he had to own the steps of manufacturing a product. Somehow, he found himself in charge of four. Shipping raw materials and minerals such as limestone, coal, coke, and manganese over the railroad was already one. Andrew Carnegie also had the production going well through many factories, ore ships, and steam shovels. It seemed like the steel industry was controlled by “the three rivers”; one of them being Lake …show more content…

Rockefeller sold the Mountain Iron Mine from Minnesota to Carnegie. It was nearby the Mesabi Range and the Vermillion Range, which both had tons of iron ore deposits and led Carnegie to have the nation’s largest producer of iron ore and the United States to lead the world in steel production, and it was right under his fingertips. Also, Carnegie returned some of his fortune from it to the communities by funding 2,500 public Carnegie Libraries across the country, including 64 in rural Minnesota.
I found it in a way, that this steel business was utterly tiring for Carnegie. At just sixty-six years old, he found himself considering in retirement. His steel enterprises were bought out at a figure equivalent to 12 times their annual earnings—$480 million which at the time was the largest ever personal commercial transaction. Carnegie's share of this amounted to $225,639,000 (in 2014, $6.4 billion), which was paid to Carnegie in the form of 5%, 50-year gold bonds. “It was as if he feared that if he looked upon them they might vanish like the gossamer gold of the

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Working as a personal telegrapher he came up with two ideas to help make the railroads more efficient and these two ideas were the most successful ideas. In 1859, he was promoted to Pennsylvania railroad superintendent. In 1861, Carnegie started the freedom iron company. Since the railroads were getting destroyed in war and deteriorating over time the iron business allowed him to bring in a lot of money since he was the biggest iron maker. In 1865, Andrew changed paths and sold the freedom iron company to make the keystone bridge company, this was revolutionary because this is when bridges started being built with iron instead of wood.

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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.

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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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The book “ANDREW CARNEGIE and the Rise of Big Business” written by Harold C. Libesay, explains Andrew Carnegies life with chronological events beginning how he and his family moved from Dumferline, Scotland in November of 1835. This books thesis is on how his skills and experienced he learned before starting Carnegie Steel intersect with each other and show how he dominated the steel industry. Carnegie’s industrial career is explained in depth how he acquired the knowledge on how businesses worked, as a manager capitalist then leading into a entrepreneur. The authors purpose I believe was to show not only Carnegies life leading to just Carnegie Steel, but also how determination and hard work can help you achieve success. This book on Andrew Carnegie explains well on in detail how Carnegie’s came to create his dominating steel industry empire.

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Andrew Carnegie was a Scottish industrialist who led the expansion of the steel industry back in the 19th century and is known as one of the richest men. One reason that Andrew Carnegie

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The steel tycoon Andrew Carnegie started out from a humbling beginning as poor immigrate working his way up the corporate ladder (). Until the day came when Andrew Carnegie decided he would strike out on his own, and Carnegie Steel was born. Now, Carnegie new that his steel mills most valuable assets was the workers. Consequently, Carnegie encouraged the workers to participate in collective bargaining for wages (). As a result, the factory workers were able to bargain their way to a truly livable wage.

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“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.

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”(Document E) Carnegie helped society change in a way that they will understand that not all rich people are ignorant with their money. He also made them believe that they can achieve more than they think they can. His story developed people to change the way society was looked at. Carnegie dint only change people but he changed America. That is someone I can call a

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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.

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Industrialization and Industrialists had many important impacts on America. The era of industrialization known as the " Gilded Age" opened up many new doors for the American people. The industrialist Andrew Carnegie had one of the biggest impacts on America by far. Carnegie was responsible for the production of steel.

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The late nineteenth century was a pivotal moment in American history. During this time, the Industrial Revolution transformed the nation, railroads had dissipated all throughout the country, and economic classes began to form, separating the wealthy from the poor. One of the wealthiest men of this generation was Andrew Carnegie, a Scottish immigrant who fled to America to make millions off the railroad, oil and even steel businesses. Carnegie is considered one of the richest men in history, and even with all that wealth he decided to give back to the community. As a matter of fact, Carnegie donated most of his funds to charities, universities and libraries in his last few years.

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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.

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