In the years following the Civil War, the American economy was suffering from extreme disorder. However, during the late 1800s and early 1900s, important leaders of American industry arose, essentially transforming the American financial system from chaos to efficiency. These powerful men shaped America into a world superpower and the country’s economy sparked jealous across the globe. Their contributions to business positively affected not only the United States’ economy, but society as well. Andrew
Andrew Carnegie and John D. Rockefeller were two of the Captains of Industry because of their innovations and philanthropy. John D. Rockefeller was a huge philanthropist because he donated a plethora of money to different colleges, and organizations. He donated 75 million dollars to the University of Chicago. He also founded Rockefeller Institute of Medicine ( Rockefeller University), and donated 50 million dollars to that Institute. He also donated to the Rockefeller foundation, which received
John D. Rockefeller was a “robber baron” while Andrew Carnegie was a “captain of industry” in the time period of the Industrial Revolution in America. Rockefeller, like other robber barons, used questionable tactics to make a profit. However, Carnegie, as a captain of industry, helped the nation industrialize in a positive way. Both these men helped modernize America in the late 1800’s and led America to be the leader of industrialization by 1880. John D. Rockefeller was more of a robber baron than
order to evaluate this claim, the investigation will analyze their major contributions to American Society; how they treated their workers in the factory; and why people questioned their honesty because of the techniques they used to eliminate their competitors. Mostly secondary sources were used, as well as some primary sources. Two of the sources used in this essay are The Robber Barons: The Great American Capitalists by Matthew Josephson and Wisdom from the Robber Barons: Enduring Business Lessons
William Henry Gates III is a famous American entrepreneur, computer programmer, inventor and philanthropist. He is famous for being the co-founder of Microsoft. Microsoft is a company that sells computer software, operating systems, personal computers and electronics worldwide. Because of Microsoft’s popularity, Gates is one of the richest men in the world. Besides his company, Gates is currently famous for the Bill and Melinda Foundation. This foundation is where Gates is currently doing his philanthropy
Carnegie and Rockefeller were both Captains of industry who helped the business world because they help created jobs, helped the poor grow, and business and communities thrived. In document D, the picture shows lots of buildings with smoke coming from the factories. With factories and smoke, you can infer that inside you have lots of workers producing things. In document F, “It has sought the best superintendents and workmen and paid the best wages.” This is showing that jobs were available and
C.J. Walker, and “The fish that ate the whale” based on Samuel Zemurray did an excellent job of illuminating the tensions and possibilities of the American dream during the 19th and 20th century in America. The American dream was what helped bring so much rich diversity and culture to the country in 19th through 20th century and even today, the American dream is broadly defined as an ideal that everyone has the equal opportunity to achieve success in the United States. Samuel Zemurray and Madam C
The firm of Duncan, Sherman & Co. was the American representation of the George Peabody Company. He wrote to the company asking for a position for his son and advertising the fact that his son had "many admirable qualities for a worker" To the company, J.P brought an energetic and enterprising spirit
interesting that most of the financial contributions were personal contributions from Blacks and taxes paid by black while the philanthropists gave less than 20 percent of the amount needed. However, because the elementary schools were referred to as Rosenwald schools the contributions of Blacks were often relegated to the background. Although, the contribution of the philanthropists did not equal that of the Blacks we see a usurping of power in how they stipulated that, as part of their agreement, the
According to Kenneth E. Redd from Historically Black Colleges and Universities: Making a Comeback, teachers in the 1800’s were white philanthropists. They were in southern states under auspices of the federal Bureau of Refugees, Freedmen, and Abandoned Lands (commonly known as the Freedmen Bureau), black churches and white philanthropists. They help to establish several colleges, Howard University, Atlanta University, (Clark Atlanta) St. Augustine College (North Carolina) Fisk University (Tennessee)