How Did Rockefeller Become A Captain Of Industry

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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.

     True, Andrew Carnegie and John D Rockefeller may have been the most influential businessmen of the 19th century, but was the way they conducted business proper? To fully answer this question, we must look at the following: First understand how Andrew Carnegie and John D. Rockefeller changed the market of their industries. Second, look at the similarities and differences in how both men achieved domination. Third and lastly, Look at how both men treated their workers and customers in order achieve the most possible profit for their company.

Two of the most well-known and successful companies of the Industrial Revolution were the Standard Oil Company, and the Carnegie Steel Company. Both were exceedingly successful in virtually removing all competition in their respective fields of business and controlling almost all of the production capacity of their respective products in the United States. Their founders, John D. Rockefeller of the Standard Oil Co., and Andrew Carnegie of the Carnegie Steel Co. conducted business practices that were different from one another in how they dealt with competition as seen in the undercutting or cheap type

Industrialists at the turn of the 20th century best deserve the title of Captains of Industry because, there have been many industrial achievements in this century. There has been a copious amount of new inventions in this century. Some of these inventions are made for entertainment, but some are made for our own conveniences. Companies have also increased their technology and machines have replaced the work that humans used to have to do, this has decreased human labor and the harshness of work. Thus, this decade deserves the title of Captains of Industry because, we have advanced society and created some places better to work in.

In the nineteenth century two of the greatest entrepreneurs were born. These two men, Andrew Carnegie and John D. Rockefeller epitomized the word monopoly, by becoming the biggest industry giants of their time. Carnegie was the leader of the steel industry, while Rockefeller controlled oil. Both of these men were similar; they came from humble beginnings and showed interest in their careers at a young age.

Typically, the capitalist leaders of the Industrial Revolution were considered robber barons. This was because, in comparison, the majority of the population was poor. The common misconception is that the “robber barons” were the cause of horrible working conditions and unfair labor practices. The capitalist captains of the Industrial Revolution created many job opportunities, built industries that benefited the economy, and used their money in philanthropist ways. The industrial leaders post-Civil War should be considered captains of industry because they helped put the U.S. on the road to economic success.

Industrialists played a huge role during the gilded age of America in the late nineteenth century. J. Pierpont Morgan was an important captain of industry because he helped expand American economy and transform American business.

Corporations contributed significantly to the United States, specifically after the Civil War. Businessmen like Rockefeller and Carnegie dominated United States businesses through their large monopolies and trusts. Big businesses not only positively impacted the economy, but also played prominent roles in politics in the post-Civil War United States.

Business leaders were among those that ran the country. Were they good at it? That depends on the person ask. Andrew Carnegie was considered the King of Steel in his time. In the Gospel of Wealth, Carnegie explains that man should donate his earnings to enhance society.

The United States has come to be known as a major world superpower throughout history. One of the main parts of America that has contributed to its renowned strength has been its economy. The United State’s economy has been growing ever since it began. Credit for its strength and progress in development can be attributed to the financial geniuses of their time. John D. Rockefeller became an economical giant during his time when he changed the face of business by developing ground-breaking new strategies to ensure financial success. Rockefeller dramatically changed the business field during The Gilded Age. He did so through the use of his social Darwinistic philosophy of capitalism, inclusion of vertical and horizontal integration,

The industrial leaders, Robber Barons, of the 19th century are men who are very respected and admired. Andrew Carnegie was a boy from Scotland who came over to this country with nothing. He continued to save and work his way up in the industry until he had complete control over the steel industry. John D. Rockefeller was also one who came from an ordinary home. When he saw an opportunity, he took it, along with the risks. He came to control the oil industry. Another man that took many opportunities to expand and grow was Cornelius Vanderbilt. These men saw what they needed to do to become successful and they did it. These men's' lives reflected the

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

A few decisions that Henry Ford made for his company helped the productivity and business flourish. Ford did things like offering a pay of $5 a week, wish was over half more than what most companies paid workers in this time. An offer like this would not be put down in this time, so this made a lot of people all over America move to Michigan and work for Ford, and this is how he easily got more than enough employees. Because Henry Ford paid his employees so generously, they had the money to save up and eventually buy an automobile from Ford, which increased sales and production. This was really good for the industry and made it so that the filthy rich of this era were not the only ones to afford cars and other vehicles. This boosted the economy greatly.