John D. Rockefeller: Captains Of Industry

Andrew Carnegie was an industrialist, business mogul, and a philanthropist who led the growth of the American steel industry. Born to a poor Scottish family, Carnegie later grew up and began working in the steel industry and worked his way up from there. Carnegie worked at the Pennsylvania Railroad in 1853 as the assistant and telegrapher to Thomas Scott, one of the railroad's top officials. Three years later, he was promoted to superintendent and began making investments. He spent most of his earnings on Pittsburgh; building libraries, museums, a university and a concert hall.

By the early 20th century, millions of Americans were engaged in oil-related industries; this increased employment. Rockefeller saw the vast potential of the industry, as he described: “We saw the vast possibilities of the oil industry, stood at the center of it, and brought our knowledge and imagination and business experience to bear in a dozen, in twenty, in thirty directions.” Much of Rockefeller’s whole life was characterized by various business-related controversies for his aggressive expanding desire but by the later parts of his life he became to be remembered as a philanthropist for his charitable efforts. The overall image of Rockefeller had varied significantly depending on who he was viewed, for example, his ex-competitors, politicians and critical biographizes.

John D. Rockefeller was the founder of the Standard Oil Company and became one of the wealthiest men of his time. His company was the major leader of the oil business in the United States during his reign. Standard Oil company served as a prime example of how companies should function, which helped to guide others to follow in his footsteps. He was a major philanthropist and used his large fortune to fund many philanthropic causes. His donations helped pay for the creations of the University of Chicago, the Rockefeller University, the establishment of Central Philippine University, and many others.

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.

Andrew Carnegie was a great business man by the end of his life but there are some minor details of his earlier life that show his cons. The purpose of Carnegie Steel made it possible for the east and west to unite in the construction of more railroads and transportation of goods. During that time he led his workers into intense labor and decreased pay which encouraged them to stand up for themselves to a strike that ended in many fatalities. Although these corrupt actions were made during Carnegie’s life in the end he realized it was wrong and did philanthropic deeds; for instance he sold his business and gave his wealth away to libraries and charitable organizations. Andrew Carnegie made mass impact to the United States through vertical integration, implementing new technology to industry like the Bessemer process and later in life giving his wealth to the

In particular, John D. Rockefeller, founder of the Standard Oil Company, was known for his ruthless grip on the oil industry through eliminating competition. He even made it a point to call competition “a sin” and [ANOTHER QUOTE], and followed suit with this philosophy by making deals with railroad companies for reduced prices in exchange for promised large shipments. The public outcry against Rockefeller’s practices became so widespread, [FINISH]. Separate from the ethical questions that prompted the U.S. government to break up Standard Oil into several companies, Rockefeller’s technique of acquiring smaller companies to aggressively grow his own company was “a move that pioneered modern American capitalism” according to History.com (2010). History will see Rockefeller as a complex man, known for his discipline, ruthlessness, and generosity, who created turmoil in the oil industry through his seemingly unrestrained practices in capitalism.

He became the American dream of the late 1800’s. “[Carnegie] gives away millions to make the nation that had greeted him and which he had made his fortune a better place” (Nasaw). Andrew Carnegie went into this country with nothing save his family. With dedication, he showed everyone that it is possible to go from rags to riches, it’s just a matter of how immensely they hunger for their dreams to come true. Consequently, he was a beacon to young adults that wanted to lead a life of their dreams.

In his later years, he dedicated his life to philanthropic endeavors. Born on November 25, 1835 in Dunfermline, Scotland, Andrew Carnegie was born into a poor family. Coming from a poor family he received little formal education. His family believed in the power of books and learning. At the age of thirteen he moved to the US with his family.

The Rise of Andrew Carnegie If you know anything about the history of the Unites States and the industrialization period, then you will recognize the name Andrew Carnegie. He was not only the inventor of the well-known steel industry we have today, but is also one of the greatest industrialists that has ever existed. Carnegie, however, didn’t grow up wealthy as a child like you would think from all his wealth from the steel industry. Born into his family in Scotland, his parents struggled to make enough money to support Andrew and his other siblings. Growing up poor vastly helped Carnegie when he got older and dealt with the success of the steel mill.

Andrew Carnegie was an immigrant from Scotland and the founder of Carnegie Steel. He saw great financial success

Andrew Carnegie was born in Dunfermline, Scotland on November 1835. Growing up poor, Carnegie started working 12 hour shifts at the age of 12 for a $1.20. As he started getting older he taught himself new things which would eventually lead him to making $1,500 a year at the age of 17. In the early 1870s Carnegie was so successful in the steel industry that he sold his Carnegie Steel Company to J.P. Morgan for $480 million making him the richest man in the world. Before dying Andrew Carnegie dedicated himself to helping charities and donating approximately $350 million to education.

John D. Rockefeller Sr: How did John D. Rockefeller impact the Industrial Revolution John Davison Rockefeller Sr. once stated “If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success” (John D. Rockefeller Quotes). John D. Rockefeller was the founder of Standard Oil in which then became one of the wealthiest men in the world. Rockefellers ongoing funding as a philanthropist and trust in oil is how the man's name still lives on to this day (The Rockefeller Archive Center). For thousands of years oil has been a main resource for human consumption, and remains the same.

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.

Coming with a successful business is people trying to find faults in your greatness. Rockefeller was a Captain of Industry, he helped improve the inventions we already had by making oil more readily available. By doing this he made a fortune which made people believe that he was unable to be trusted, but all of these suspicions were incorrect, Rockefeller made his money honestly and helped our country thrive and become who we are today. Rockefeller had competition in the oil industry but,

Andrew Carnegie was born in a small town of dunfermline, Scotland. He grew up in a average family. Andrew was a very hard worker because at the age of 12 he got his first job as a bobbin boy and he made $1.20 a week. After only a couple months after he moved to the country he saw himself moving up in the world. He got a job at the factory shortly after his first job and the factory paid him nearly double what he made before.