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Andrew Carnegie's impact on America's industrial revolution
Andrew carnegie in the industrial revolution
Andrew carnegie in the industrial revolution
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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.
Since he asked his mentor Tom Scott for help he made about $21 million dollars. With the money, he created his own and first steel plant. Carnegie was a good investor, his mill was one of the largest in the country. Carnegie is able to supply as much steel as the nation may need and become very wealthy. Around the 20th century, America was growing very fast with the rail, oil and steel making.
He also built up many cities out of steel; but Andrew Carnegie was more of a Robber Baron. Carnegie horribly mistreated his workers by giving them very long days and very low pay. Carnegie steel was a very rich company but Carnegie couldn’t even give his workers and average pay. Also, Carnegie was a not brave at all, while his company was not going well, instead of working to make it better, he camped out in Scotland and let his chairman Henry Frick do all the work. All in all, Carnegie was more a Robber Baron more than a Captain of
At the ag of 65, his life was changed dramatically. He decided to spend the rest of his life to comfort others. Carnegie was a major Philanthropy, donated almost $5 million to the New York Public Library, so the library could manage to open some branches in 1901. Other than that, more than 2,800 libraries were also opened with his fund. Dedicated to learning, he founded the Carnegie Institute of Technology in Pittsburgh.
Andrew Carnegie wa a scottish immigrant who came to the United States at age 9. Carnegie was a messenger boy and worked as a bobbin boy in a factory. Andrew also worked as the assistant to Thomas Scott, one of the railroads top officials. He buys a company and builds a sleeping car on a train. Andrew earned most of his fortune in the steel industry.
The industrial revolution of the early 19th century set the foundation for Carnegie steel, many prices already raised with Carnegie. The palace of the millionaire and the cottage of the laborer with the U.S today measures the change that has come with civilization. Andrew Carnegie was born in Dunfermline Scotland. Carnegie and his family of four lived in the attic of the home, while another family lived in the bottom half. Years later Carnegie purchased a Skimbo
During this time, Carnegie bought stock and made several other investments, but in 1873 Carnegie sold out his other interests and focused primarily on the steel business. Carnegie later created the Carnegie Steel Business. Carnegie’s success can be credited to hard work, qualified help and his attention to small details. Carnegie was able to benefit from the 1890’s great depression. While some were going bankrupt, Carnegie used his wisdom and was able to obtain more steel production corporations by buying coal and iron mines, warehouses, ships and railroads so that he could gain control of all parts of the steel process.
Later on Carnegie started bettering the developments of iron and steel. He recognizes that America in the past had been dependent on European countries for its steel. Therefore wanted to satisfy the people who demanded a home supply. He also knew that the American people did not want the pay the tariffs implemented by President Cleveland that came with overseas items. Carnegie even went to Washington to modify the Wilson bill.
Carnegie used his own funds to build his first furnace to produce pig iron in 1870, by 1873 he had organized a steel producing company and continued to dominate the industry. Carnegie’s domination of the steel industry in the United States led to him gaining a vast fortune which he had unorthodox views on the way it should be
A captain of industry can be defined as ¨a business leader whose means of amassing a personal fortune contributed positively to the country in some way.” Andrew Carnegie was an ideal representation of a captain of industry, he was born poor, yet he rose the ranks and became a successful businessman who dedicated his fortune to good causes. Due to his success and innovation in the steel industry and his benevolent donations, Andrew Carnegie was a prosperous businessman who benefited lives across America. Andrew Carnegie furthered the steel industry and brought forward new innovations that advanced technology and market shares for generations. Not only did Carnegie develop technologies, he helped forge new business models.
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.
Then, he left and moved to New York. In 1872 he took a trip to England and cooperated with Henry Bessemer to build a steel mill. He became famous Homestead steel. The philanthropy of Andrew Carnegie made him a hero which set the foundation for three reasons. This was done through Carnegie’s gifts because he gave money to help many causes like education, religion, and other charities, ”The Gospel of Wealth” he believed that rich people are superior to all classes so they should use their money to help lessen or poor people and Carnegie helped his hometown.
Andrew Carnegie was not a hero but a business men trying to escape the small life he grew up in .Andrew Carnegie was one of the most know persons of the late nineteenth century and was a key component in moving along the industrial revolution of America, refining steel to higher quality and lowering prices. One of a few huge businessmen with monopolies on their respective business along with J. P. Morgan and the Rockefellers. He came up from a poor cottage from Scotland to become they owner of a large portion of the world’s steel industry. Once he had a handle on the industry he continually reduced both production and selling costs and nearing the end of his life he sold the company and created an institution dedicated to donating his money to
In the Vignett The House on Mango Street by Sandra Cisneros the main theme was that no matter what trials life throws at a person, one can always prevail in the end by sticking to who they truly are.. From the beginning of the novel, the main character, Esperanza, is eager to belong, whether that is to a group of people or in the beginning a house. When her parents do get a house it’s not what Esperanza had imagined it to be, it did not fit what she thought a dream house would be like. Her desire to get out of Mango Street and become someone is her ultimate driving force in this book. Going through several events like rape, sexual assault and even witnessing abusive behavior towards women in her neighborhood all of these things encourages her to do better for herself.
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.
