Andrew Carnegie Essay

Andrew Carnegie was one of the wealthiest men in America but his wealth didn’t come without hard work and dedication. Carnegie was born in “Dunfermline, Scotland on November 25, 1835” (Tyle). According to Laura B. Tyle, the invention of the weaving machine unfortunately pushed Carnegie’s family in to poverty “In 1848, Carnegie’s family left Scotland and moved to Allegheny City, Pennsylvania, where his father and eventually him worked in a cotton factory” (Tyle). After leaving the cotton factory “Carnegie became a messenger boy for the Pittsburgh telegraph office and eventually made his way up to telegraph operator” (Tyle). According to Laura B. Tyle “Thomas A. Scott, the superintendent of the western division of the Pennsylvania Railroad, made Carnegie his secretary at the age of eighteen.” Later, Carnegie took over Scott’s position of the railroad. Furthermore Carnegie “began to see that steel was going to replace iron and by 1873 he organized a steel rail company” (Tyle). According to Laura B. Tyle he continued to build his company when he “cut prices, drove out competitors,

then realized the demand for steel was very high and he started his own steel company. Carnegie

Carnegie was the classic rags to riches story, the penniless immigrant who made it big in the land of opportunity. Carnegie was born in Dunfermline, Scotland, and migrated to America in 1848 at the age of 13. His first job was in a cotton mill, earning a measly $1.20

In the “Gospel of wealth”, Andrew Carnegie argues that it is the duty of the wealthy entrepreneur who has amassed a great fortune during their lifetime, to give back to those less fortunate. Greed and selfishness may force some readers to see these arguments as preposterous; however, greed is a key ingredient in successful competition. It forces competitors to perform at a higher level than their peers in hopes of obtaining more money and individual wealth. A capitalist society that allows this wealth to accumulate in the hands of the few might be beneficial to the human race because it could promote competition between companies; it might ensure health care for everyone no matter their social standing, and parks and recreation could

Andrew Carnegie grew up in Dunfermline, Scotland and immigrated along with his family to the United States in the late 1800s. He worked his way up from being a poor Irish immigrant to become one of the most famous industrialists that helped transform the U.S steel industry in the late 19th century. Andrew Carnegie was a hero in many ways. One reason why Andrew Carnegie was a hero was because of his influences on renovating the American steel industry which helped create the U.S a world power. Secondly, Andrew Carnegie was a hero is because he helped create jobs that employed many Americans. Finally, Carnegie was a hero is because he was one of the most influential philanthropists.

Carnegie earned a lot of money from his investments and quit his job with the railroad to focus on his business affairs, which included frequent traveling to Europe to sell railroad bonds. On one trip, Andrew Carnegie met the English inventor, Sir Henry Bessemer, who had invented a new process for making high quality steel efficiently and cheaply. After meeting Bessemer, Carnegie decided to concentrate his investments in the steel industry. He opened a steel company in Pittsburgh and adapted his steel mills to use the Bessemer process. The process allowed Andrew Carnegie to manufacture steel efficiently and cheaply. To increase manufacturing efficiency even further, Carnegie began the vertical and horizontal integration of the steel industry, which allowed Carnegie Steel Company to save money as it expanded. He quickly became one of the richest people in history due to his hard work before the creation of Carnegie Steel and during its operation. Andrew Carnegie sold Carnegie Steel Company to J.P. Morgan. Carnegie became a philanthropist in his retirement and gave away $350 million, which was about 90% of his fortune. He built

Andrew Carnegie was born on November 25th, 1835 in Dunfermline, Scotland. His father was a hand loom weaver and Chartist. Carnegie believed in the importance of birthplace. “I was supremely so in

Andrew Carnegie. Who was he? Was he just a robber baron or a captain of industry. Andrew was a self made Entrepreneur in the late 1800s. He was the owner of the Carnegie Steel Company which monopolized the steel industry. In 1889 he wrote the famous “Gospel of Wealth” which made the use of libraries to give to the worthy poor that were smart to use them. He also gave away 350 million dollars. On the other side Carnegie’s steel workers were treated poorly by long working hours and reduced wages. He also gave support to the plant manager Henry Frick who hired Pinkerton thugs to intimidate workers on strike and many were killed in the conflict. Andrew Carnegie was sometimes saw as a robber baron taking others money to give away not spending his own money On the other hand people saw him as a captain of industry giving to the worthy poor with libraries and millions of dollars.

Carnegie was very poor during his childhood, and this will cause him to try a variety of jobs that inevitably led to his steel empire. “Andrew Carnegie was born November 25, 1835 in Dunfermline, Scotland. His father, William Carnegie, a prosperous handloom weaver at the time of Andrew’s birth, was unable to compete with the new technology of steam loomers and fell into poverty as Andrew grew older,” (UXL biographies). In 1848, Andrew and his family immigrated to Allegheny City, Pennsylvania, and Andrew got a job at a

The “rags to riches” story is a term of reverence respecting the few in society who sacrificed the little they had and emerged successful. These doctors, lawyers, entrepreneurs, researchers, and other professionals inspire people of all socioeconomic levels by transforming nothing into something. Jay-Z, George Soros, Steve Jobs – these are names culture holds with great respect. One “rags to riches” story not many Americans have heard of pushes the limits of mental capacity. This man followed the poor-to-rich path and succeeded to such high degree that he, in turn, defined the very essence of this characteristic. Once a poor boy, Andrew Carnegie transformed the limited resources available to him into tools that aided his journey in becoming one of the richest, most successful men in all of history. Carnegie began his journey as an immigrant to Pittsburgh, Pennsylvania from Scotland. His family sought work, as their former weaving business had been destroyed by the Industrial Revolution (“Andrew Carnegie” American Experience). This experience as a poor worker created the drive that led him to become one of the wealthiest men of all time through his massive steel company, the Carnegie Steel Company. In conjunction with his economic success, the tycoon used the fruits of his leadership in the steel industry to become the “father of American philanthropy” (“Meet Andrew Carnegie”). As accomplished the man became, the

Andrew Carnegie was an industrialist who led the expansion of the steel industry in America. He made his fortune in the steel industry, controlling the most iron and steel

Andrew Carnegie was born on November 25, 1835, in Dunfermline, Scotland a town that sustained itself with its linen weaving industry. Andrew Carnegie was the founder of the "Age of Steel", for example, "From his companies emerged the steel to build the infrastructure (railroads, bridges, automobiles, ships ...) that would build a nation. He was a major catalyst in the transformation into the

Andrew Carnegie, born on November 25, 1835, was a Scottish philanthropist who was one of the richest men in America in the 1900 's. I completely agree with Carnegie 's opinion of how the rich should donate their money toward the good of mankind before they die, but disagree with his actions toward his workers . He started working in a cotton mill making $1.20 a week only to upgrade to $2.20 working as a messenger boy. He eventually taught himself telegraphy and worked as Thomas A. Scott 's assistant for $35 a month. He moved on to investing, with the help from his “mentor” Scott, in the Woodruff Sleeping Car Company and several small iron mills and factories. He was so successful that he was

Well Carnegie steel business was a great success but all he was trying to accomplish was to be richer than John D. Rockefeller and make him pay for the mistake of cutting of his apprentices railroad business. While working for the railroad company Carnegie began making investments. He made

Andrew Carnegie’s most well know impact was his impact in the steel industry. In Pittsburgh, Andrew Carnegie co-founded his very first steel company in the early 1870’s. He adopted the Bessemer process to make his desire of making steel more cheaply and efficiently capable of happening. By 1889, most of the steel production in the United States was under Andrew Carnegie’s control. The steel industry was doing so well that it outpaced the steel production in the United Kingdom. Along with the United States outpacing the United Kingdom still production, Andrew Carnegie was also one of the wealthiest men in America.