John D. Rockefeller, Andrew Carnegie, J.P. Morgan, and Cornelius Vanderbilt were wealthy and well known and monopolies in the late 1800s and early 1900s. They are the captains of industry because they all helped the U.S economy with their business, and they also donate a lot of money to different types charities. For example, J.P Morgan and Cornelius Vanderbilt played a huge role in the developing of the railroads, John D. Rockefeller managed around 90% of America's oil industry, and Andrew Carnegie led the huge expansion of the steel industry. Without the railroads, oil, and steel people will not be able to transport things, operated machines and factories, there will be a huge rate of unemployment, and we would have a very poor economy.
The turn of the century was a progressive era with many advancements in technology. New industries such as, steel, copper, railroad and meat shipping were formed. Many great men founded, improved and monopolized these industries. Two of these people were Andrew Carnegie, the founder of the steel industry and John D. Rockefeller, who owned a majority of the nation’s oil industry. While these men sometimes achieved their successes through questionable means, they were the pillars of modern society and they brought us to where we are today.
From the years 1870-1937 John D. Rockefeller was a Captain of Industry and truly was an example of the idyllic American dream. He by his success as a Captain of Industry also set a precedent from then on about the way that other Captains of Industries made their wealth and ran their companies as well. Furthermore, John D. Rockefeller was a Captain of Industry because he built the Standard Oil Company and was a very generous philanthropist. John D. Rockefeller did generate lots of revenue and create many jobs in the United States but it also can be said that he took advantage of the less fortunate by paying them less and buying out competing businesses.
Captains of industry were defined as the business leaders whose means of amassing a personal fortune contributed positively to the country or society in some way. Andrew Carnegie and John D. Rockefeller were considered to be captains of industry because with their profits from either their steel company or standard oil company, they give back to the society instead of themselves. They believed in the idea that people give in to you, in which you must give out as well. They established many charitable foundations that allowed them to become well known philanthropist and made them distinguishable from the rubber barons.
In the mid-1800s lots of things were being made by machine. For example: clothing, shoes, watches, guns, and farming machines were made. In 1840 the workday was 11 ½ hours. The workers were very tired and they most likely would have accidents. Workers and even children were hurt a lot by the machines. In the summer they were hot and in the winter they were cold, because there was not air conditioning or a heater in the factories. There were no laws to help the working conditions, and even to protect them. The owners didn't care about the workers, they cared about the money. Children would work six days a week and 12 hours or more a day. In the factories it was really hard and dangerous. Children would work the machines
The Industrial revolution delivered both wonders and worries to America. Although the Industrial Revolution turned America into the richest and most successful nation, it also brought hardships and corruption. The outcomes of the Industrial Revolution were greatly influenced by two groups of people: The Captains of Industry, and the Robber Barons. The Captains of Industry are the men responsible for the success of America during the Industrial Revolution. The guys mostly remembered for their dedication and work for America are, Andrew Carnegie, J.P. Morgan, and John D Rockefeller. J.P Morgan was a very successful and influential man who made his money from banking and owning many companies and stocks. He is mostly known for bailing out the National Government and saving the country from an economic downfall. Andrew Carnegie and John D Rockefeller could be considered on both sides of the spectrum. They made steel and oil cheap for Americans which helped grow America, and they also gave large donations to various places
Who: The industrialist were Andrew Carnegie, J.P. Morgan, John D. Rockefeller, Jay Gould, Cornelious Vanderbilt. They are the industry controllers, and have a lot of money. They paid their workers badly and also gave them bad working conditions. However, they enhanced the US and were also philanthropists. What: They controlled the industry (steel, railroads, banking etc.) and made a huge amount of the money in the US.
Were these men Captain Of Industry or Robber Baron? They were Captain Of Industry because all these men donated money. Since these name donated money they were called philanthropists. For example Eastman donated millions of dollars to variety of causes,M.I.T eventually reached $20 million. Also Rockefeller set up the Rockefeller Institute for Medical Research, his gifts totaled up to $50 million by 1930's. Last but not least we have Carnegie. Carnegie was a philanthropists because he gave money for museums and concert halls. Also he donated money to Carnegie hall in NYC. Because all the men donated money, they became famous and still have their buildings today.
These four men are Captain of Industry because they donated millions of dollars to charity. Eastman Donated money to museums, schools, people, and dental clinics. Morgan donated paintings,sculptures, tapestries, Metropolitan Museum of art in New York. Carnegie donated more than $350 million to further public education, build over 2,500 libraries.This is why these four men are Captain of Industry because they donated
In the late 1800’s the four businessmen had a huge positive impact on society they were all philanthropists.(People who donated lots of money to others and charity).All four businessmen George Eastman J.P. Morgan John D. Rockefeller, and Andrew Carnegie were all Captains of Industry.
Captains of industry was formed for many people who built huge businesses and help society as a whole. Hence, Captains of Industry was the first big business, railroads oil, steels, banks, these big businesses occupied the center of the economy and that conduct to the demand and shape of strategic interest of the enterprises that gave and rise to the captain of industry. In contrast, Robber Baron were people that got ahead in business by shutting off all competition and mostly using illegal practices. Andrew Carnegie-Steel, John D. Rockefeller-Oil, J.P. Morgan -Bank Andrew Carnegie, his business, which became known as the Carnegie Steel Company steel production in the United States. In fact, he refined very cheaply and he kept accurate
The businessmen during the industrial revolution in my opinion, had a negative overall effect on American Society. I think that the businessmen, during the Industrial Revolution had an overall negative effect because, from all of the details I collected most of what I found seemed to be negative. For example John D Rockefeller, famous for creating Rockefeller Center, did treat his workers poorly, that should not be followed or replicated by the society of America. Although, he improved his image by giving his money away. Overall he did not create a positive effect but some of what he did, could be learned to replicate in our own lives. Another example is Cornelius Vanderbilt famous for creating Grand Central Station, his work ethic and sense
Response: These men were all Captains of Industry because they had innovation. They all created their own beneficial creation toward society that has affected the daily life of average people. For example, George Eastman invented the Kodak camera that could take pictures instantly. It was reasonably priced so the average person could afford it. This contribution has led to phones, computers, websites, internet etc. we use these items in our everyday lives and it is all because of Eastman. John Rockefeller was convinced that refining oils would be his legacy. He converted crude oil into kerosene. Kerosene is used in lamps to provide a light source. It was and still is used to power engines and jets. The invention of kerosene led to the lights
Between 1890s and WWI the industry undergone some big changes. Business grew into new, giant dimensions, which caused change of mindsets of managements, and role of workers. At the beginning of the century the industrial advancements yielded growth in automobile industry, and by 1925 Ford produced a new car each 10 seconds, using assembly lines process.
Captains of industry in that their individual wealth positively contribute to the United States. A positive look at John Rockefeller with the oil refinery, he borrowed, invested and controlled cost to build his business, he even go as far as put what was considered waste from refinery was help to build better road, help with the medical industry and also to candle makers. These contribution lead to more jobs.
Carnegie, Rockefeller, and Eastman were all Captains of industry in their own ways, but one way applies to all 3, they were all Philanthropists. A Philanthropist is a person who seeks to promote the welfare of others, especially by the generous donation of money to good causes, they all did that in one way or another. For Carnegie he donated more than libraries. For Rockefeller it was setting up the Rockefeller Institute $350 million to further public education, it helped build over 2,500 for Medical Research and his gifts to The Research Facility totaled $50 million by the 1930s. As for Eastman, Eastman signed away $30 million to the University of Rochester, M.I.T., Hampton and Tuskegee. As you can see they all gave their money to a good cause