Saturday, October 19, 2013

Andrew Carnegie

The Gilded Age (approximately 1877-99) was characterized by the phenomenal wealth and furthest reaching power of a handful of men. Kn cause as robber barons, these men ruled the billet world by taking complete control of the industrialization (a transition to an sparing based on business and industry rather than agriculture) of the country, to a fault kn aver as the Industrial vicissitude. The Industrial Revolution happened because of the object and perseverance of small business owners who relied on proved business strategies to keep their companies alive. This is where the robber barons differed greatly from early(a) industrialists: They took risks by experimenting with strategies that no one had ever used before in business. Those strategies, supplemented by the barons greed and desire for power, gave them wealth hardly a bad reputation as well. (Gilded web) Among all the nonable robber barons was Andrew Carnegie (1835-1919), owner of Carnegie Steel. (Gilded web) Car negie, a Scottish immigrant, born into meagerness moved to the United States at the age of twelve. During his time as a teenager, his skills as a telegraph operator caught the upkeep of Tom Scott, superintendent of the Pennsylvania Railroad. Scott hired Carnegie, soon promoted him, and supplement him the specie for his first foray into Wall Street investment.
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Carnegie became a millionaire before his 30th birthday, and struck out on his own to reshape the iron and steel industry. Before the Industrial Revolution, the disruption between the upper classes and the lower classes was not so large. in that respect had always been commonwealth who had money! and the people who did not, notwithstanding industrialism allowed people in the right circumstances to make more than money than was ever possible before. Without the working class, robber barons could not pick out elevated themselves to the highest positions in American society. (James knave 574) Like the other robber barons, Carnegie overworked and underpaid his employees. In doing so, he unplowed his operating costs...If you wish to get a full essay, fix up it on our website: OrderCustomPaper.com

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