The Impact Of Captains Of Industry

Both George Eastman and John Rockefeller also donated a plethora of money to multiple charities making them philanthropists. For instance George Eastman donated money to kids who couldn't afford dental work, and he gave away scholarships to the Massentusats Institute of technology. Also he gave scholarships to Tuskegee Institute for African AMericans who wanted to get an education. Likewise Rockefeller also donated money towards education. For instance he created the University of Chicago and the Rockefeller Institute for Medical Research. Both of which received over $50 million dollars from him alone. Rockefeller also founded the General Education Board which he donated another $50 million dollars to. George Eastman and John D. Rockefeller could have used their money on themselves but instead used their surplus of cash on charities. This just proves the fact that George Eastman and John D. Rockefeller were captains of industry because they were innovators and

Andrew Carnegie, originally from Scotland, took advantage of the time and created a vertically integrated steel company. Being a vertically integrated company meant he controlled every phase of business from the raw materials to transportation, manufacturing, and distribution of steel. He was a dictator in his company and his factories operated non-stop everyday except for the fourth of July. He believed that the rich had a moral obligation to advance society and he distributed a lot of his money to philanthropies like the creation of public libraries in towns throughout the country. He was seen as a captain of the industry and inspired Americans to become industrial leaders. He was also seen as a “robber baron” because of his dictatorial attitudes, repressive labor, and domination of power and

always supported the causes he believed in and it was also a way of getting his

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.

In the late 1800s and early 1900s, during the climax of the American Industrial Revolution, there was a small group of men who owned the major businesses and were leaders of their industries. They owned factories, railroads, banks, and even created company towns for the sole purpose of housing their workers. Due to the efforts of these few men, the U.S. economy became the envy of the world, and America became a leading world power. They provided the public with products that were in high demand for reasonable prices, and opened their markets to countries overseas. Although many people believe the early industrialists were Robber Barons who exploited the poor, these great men were truly Captains of Industry who created new ways of doing

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.

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

Andrew Carnegie, a Gilded Age industrialist, was a captain of industry, because he expanded the American steel industry through hard work, becoming one of the richest people in history, and then donated about 90% of his fortune in an attempt to improve society.

Andrew Carnegie, John D. Rockefeller, Cornelius Vanderbilt, and J.P. Morgan all have something in common they’re well known for being wealthy businessmen in the late 19th century. Robber Barons and Captain of Industry are mostly known from the Gilded Age. Mark Twain called the late 19th century the “Gilded Age” because he was referring to this period being glittering on the surface but corrupt underneath (Overview of the Gilded Age, Digital History). Most of the businessmen during this day in time just wanted to help themselves and their businesses, which you could compare to today. However, these historical figures established a foundation for industrial advances, business development and technological advances in America today.

     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.

Captains of industry of this time helped out the working man, educational causes, and scientific causes. John D. Rockefeller gave the working man jobs for a long period of time, and donated over half a billion dollars to educational and scientifical purposes. Andrew Carnegie donated 350 million dollars to build libraries and gave away organs to churches. Henry Ford revolutionized the world by making it easier for people to get around more efficiently. What these men have done to help out their country is why the are perceived as captains of

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.

John D. Rockefeller is a captain of industry in my opinion he did a lot for his country, first man to get a monopoly, was nothing became the most powerful man in the country worked hard and clean to get to his position.

These 4 business men were examples of Captain of Industries. They were innovative in their businesses because they introduced new ideas. Eastman created the Eastman Kodak Company. The creation of the camera made it possible for the average person to own a camera. Rockefeller Slowly sold off all of his other interests and became convinced that refining oil would bring him great wealth. Oil would be converted to kerosene and he created the idea of being able to sell the waste products and make even more money. Morgan Created the world's first billion dollar corporation: U.S. Steel Corporation. Opening the eyes to others that you can make a lot of money in the oil business. All four of these business men are captains of industry because they open

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