Captain Of Industry Dbq Analysis

Entrepreneurs controlled the Gilded Age creating a growing economy with booming businesses and yet this has not changed over the years. John Rockefeller and Andrew Carnegie can be compared to those with the names Steve Jobs and Bill Gates. Multibillionaires, who know what the consumers desire, is what these men are best at. They knew and now know business well enough to be able to control our country’s’ economy. However, these successful business men do not do it together.

Eastman, Morgan, and Carnegie were all captains of industry. They were all captains of industry because they were top innovators in their industries. For example, Carnegie became the leader in the steel business because he introduced the Bessemer process to America. Using the Bessemer process, Carnegie produced stronger steel cheaper than before. The cheaper stronger steel led to more railroads being built and skyscrapers being created.

As our country reached the late 1800’s, Americans found themselves face to face with era known as the ‘Gilded Age’. Companies were created and grew rapidly during this time period. Some of the most famous entrepreneurs were John D. Rockefeller and Andrew Carnegie, who seemed to be the perfect models for the ‘rags to riches’ story. Many people debate which entrepreneur was a better role-model. Due to his low prices, the high demand for his products, and the way he sought to eliminate any possible competition, John D. Rockefeller is clearly the better role-model for today’s entrepreneurs.

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.

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.

“Fond of saying that ‘the man who dies rich dies disgraced,’ Carnegie turned his attention to giving away his fortune. He abhorred charity, and instead put his money to use helping others help themselves. He spent much of his collected fortune on establishing over 2,500 public libraries as well as supporting institutions of higher learning.” (PBS 1) Although Carnegie was always liked as both a coworker and a boss.

Jessica HillisMr. GillardAP US History5 January 2007Essay 16: Gilded AgeThroughout history, certain periods of time have been given certain names based on thehappenings that occurred. Many have called the period of 1865 to 1901 the “Gilded Age”, be-cause it was “shiny and pretty” on the outside but it was “rough and ugly” underneath. The term“Gilded Age” was actually coined by Mark Twain who satired the Gilded Age with a GoldenAge.

Name of Industrialist: Henry Ford How did he acquire his wealth? He acquire his wealth by being a self-made man, that revolutionize the car industry in the 90’s.   How he (or his related industries) treated workers? Ford manage to lowered the cost of manufacturing, while providing a wage correspondent to more than double of the previous average.

In the late 1800’s, J.P Morgan, John Rockefeller, and Andrew Carnegie had a negative impact on society because they were Robber Barons. They treated their workers very poorly in a way that should not have happened. J.P Morgan forced his workers to labor under harsh conditions for long hours and low pay. This is coming from a guy who has made millions of dollars and who has started a 60 million dollar business. Knowing how much money he has and how very little he pays his workers shows how ruthless he is as a business owner.

The captains of industry believed that the poor people were inferior to the rich people. The rich were superior because they had “wisdom, experience, and the ability to administer”. The duty of a rich person was to help out a poor person which was what was said in the Gospel of Wealth. The Gospel of Wealth is about how the rich person's responsibility is philanthropy. Carnegie believes in charity work so he would donate to libraries, and universities and schools and etc.

Was Cornelius Vanderbilt a Robber Baron or Captain of Industry? A cruel businessman or an industrious leader? Henry J. Raymond believed that Vanderbilt was “a monopolist that crushed other competitors”(T.J Stiles). While he is also deemed one of America’s leading businessmen, and is also credited for helping shape the United States. His fortunes were made unfairly in some cases but his million dollar contribution to the Navy was very generous.

Thesis : After the Civil War, America was in a post-war boom. During the 1870-1890, big business moguls, such as Rockefeller and Carnegie, create huge corporations which not only affected the economy, but also affected the political realm of America. While many may assume that during the rise of these big business helped to change the economy and politics,  the real focus was on the responses formed by society, such as labor unions, increase public outcry, and political opposition groups that helped to change society. A: Economically, big business flourished during the late 1800s.

A Captain of Industry is used to describe a successful businessman. Carnegie created an efficient steel industry. He did this by, converting iron into steel and built a new steel plant for his company called, Carnegie Steel Company. In the excerpt, “Who was Andrew Carnegie,” the author says, “Carnegie changed huge batches of iron into steel, which was much more flexible than brittle iron. Carnegie threw his own money into the process and even borrowed heavily to build a new steel plant near Pittsburgh.”

The Transcontinental Railroad brought the United States together and as a nation, the United States was able to develop not only technologically but

During the Gilded age in, two men were the dominant force driving big industry in America. These men were Andrew Carnegie and Henry Clay Frick. These men started out life as a part of the poverty cycle in America, but rose to the top of their own industries and were worth a vast amount of money before their deaths. While both men had differing senses of leadership, a partnership was formed which turned them into giants among the industrial world and both men’s strong business strategies are still influencing companies today.