Andrew Carnegies decisions with his company, US Steel, helped him become one of the mos famous industrialists of his day. Andrew Carnegie had the ability to foresee how things could industrialize, which he used to his advantage to invest enormously in things that he saw with great potential. Carnegie also pushed for rights to help laborers unionize to help protect his laborers and to establish loyal workers that would help him succeed. Andrew Carnegie dedicated his time to the steel industry, starting a business from scratch helping him become a dominant force in the steel industry. Andrew Carnegies ability to foresee how things could be industrialized, his willingness to push for labor unions to protect his worker, and his dedication to
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.
This greatly impacted the American economy. He helped to bring a large amount of iron and steel into global circulation, and made these two one of America’s largest exports at the time. This steel and iron also helped advance and speed up America’s industrialization. Although Carnegie’s lower class employees were sometimes negatively impacted by his harsh business decisions, Carnegie felt these decisions benefitted all of
Zack Spira 10/16/14 Study Skills Mr.Allison In the late 1800s not too many business owners became wealthy and took control of industries. Andrew Carnegie's parents were poor immigrants from Scotland and began to work their way up to be business leaders. Carnegie built the largest steel company and created a monopoly.
“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 was born outside of the country but moved early. At an early age he learned a very valuable skill for work. He worked for a Tom scott in his railroad business. Carnegie did his best to be friendly to his employees. He sold his business to Morgan and donated money.
During the late 1800’s, early 1900’s America began the famous industrial race to success. At the head of the race, yearning for success, was Andrew Carnegie. Scotland born in 1835, Carnegie moved to the United States with nothing but soon grew with prosperous steps, speeding his way to the top as a profitable business man through the steel industry. His path to success may be filled with some hardship of distrust and mishaps with money hungry co-workers, but in the end he created, with his infinite wealth, enormous amounts of buildings and educational centers to benefit mankind in the long run. This is a deed of a kind man.
Andrew Carnegie was a rich wealthy businessman that had a steel industry provided the materials for Bridges that gave Americans the ability to travel to many different places. Carnegie steel company was a company that was created by Andrew Carnegie in the 1870s. Andrew Carnegie was not the first person to create a steel mill, What he did is find ways to make the production of steel faster and easier. His steel production speeded up the Economy by having bridges to get to one place to another place. By building bridges, People could travel faster over the water and areas where you couldn’t walk through.
Carnegie obtained greater profit by buying out the suppliers of the raw materials for steelmaking. Carnegie also recruited very capable employees to work for him, including Henry Clay Frick. By 1889, the Carnegie Steel Company dominated the American steel
After the civil war, the United States began to enter a period of time filled with prosperity, development and economic growth known as industrialization. Even though this period of time generated immense amounts of wealth, it also created economic and social divides. A man by the name of Andrew Carnegie responded to the many problems caused by industrialization by using both Social Darwinism and by writing and endorsing his own book The Gospel of Wealth, while at the same time a man by the name of Upton Sinclair directly opposed the injustices of corrupt industries and spoke out against inequality. Andrew Carnegie was a believer in Social Darwinism, because of this he tried to reason uneven distribution of wealth by using both Darwinistic
He revolutionized the production of steel to make it more efficient, as well as a much stronger product than previously. He created his empire on the backs of the American people. All of this new steel means more workers. Carnegie had the steel workers working long hours, almost every day of the week, in awful working conditions that were not fit for humans. This did not make the men working these conditions very happy, but they had no other choice but to support their families.
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.
Andrew Carnegie, captain of industry or a robber baron? The answer is surprisingly basic. Carnegie was a captain of industry and this is obvious, between his come up to his passing it creates a clear picture of a man who wanted to advance society. Now I won't discredit the fact that some may see him as a robber baron due to his ruthlessness in the field of business or how he didn't give enough pay to his workers, but if you think about it just a little bit he was a businessman meaning he had to make decisions that at the end of the day benefitted him and his business. I have 3 main points as to why he was a captain of industry.
With the ability to make his own economic decisions and invest his money where he wanted, Andrew Carnegie created a powerful and influential steel company with the help of the free enterprise system. In the 1860s, Carnegie saw the immense need for iron products in the midst of the Civil War. It was then that his interests began to shift from telegraphs and railroads to
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 then went on the build many other steel mills across the united states, completely dominating the steel industry. He was commonly known to mistreat his workers and only care about profits and his machines. His factory environments were awful and the conditions were harsh. Andrew Carnegie was