In the 19th century, America was significantly changed by a progressive movement which strived to gain an economic opportunity, religious morality, political honesty and social stability. The efforts of the famous progressives have shaped one of the most powerful nations in this world. The United States is ahead of most of other countries in the business world and continues to make the better products. Nevertheless, America wouldn’t be so economically strong without the contributions of Andrew Carnegie, the wealthy industrialist who showed the world a profitable and proper way to operate a business. Andrew Carnegie is the real reason why American business and economy had become so dominant in the 20th century. Carnegie was born …show more content…
He shut his eyes on the reality of his early life and worked hard to become the wealthiest man in the world. Young Carnegie published his first article in February 1882 issue of the "Fortnightly Review" British magazine in which he argued the importance of hard work. He had a little sympathy and understanding for those who failed in their goals. Carnegie didn’t engage in any social activities in the early parts of his life and devoted most of his time to work. Andrew Carnegie’s management of his companies reshaped the way business was performed in the 19th century. His treatment of workers was completely different from all other businesses’ at that time. His true genius was his ability to work closely with other men. Carnegie thought of himself as a man of the people and a hero of workers. His workers got the higher salaries and shorter shifts. Carnegie used a “sliding scale'; in wages. The pay of the workers would increase if profits went up, and the pay would decrease if profits went sown. This was an initiative for workers to work harder if they wanted higher wages. Carnegie had an impressive way of dealing with workers who went on a strike. He didn’t hire new workers, but instead shut the business down completely and made the strikers to eventually give in and agree to his terms. Carnegie had enough
Industrializing America was the quarter stone that ultimately transitioned this developing nation into a dominating power. The resources and demand for expansion sent a worldwide calling to any and to all who wished to advance themselves in this new world, where opportunities were endless. Indeed many responded to the call, such as the Carnegie family, of which was seeking rebirth to stabilize themselves after losing everything. Fortunately the Carnegies had made the right decision and from that an unexpected industrial giant was soon to emerge. As we know, Andrew Carnegie was amongst the elite, an entrepreneur, a business genius, a revolutionary due to his refinement of steel production and statistically inclined mind. He started from the ground and fought himself to the top of America’s social economic class, as described in Harold C. Livesay, Andrew Carnegie and the Rise of Big Business. As Livesay states “he created that industrial colossus” (pg. vii), and I acknowledge that prominent feature that Carnegie brought to the industrialization, however, there are inconsistencies that leaves the reader uncertain about the stated information.
In the movie, The Richest Man in the World, Andrew Carnegie played a major role in influencing the Industrial Revolution, which changed the economy of the US and the world forever. This era brought upon significant changes through economic developments that would not only change the ways of the economy but also the social aspect of society, especially within the cities where this growth was located. The shift from hand-made to machine-made products increased productivity and decreased costs. Through the innovations of the new forms of energy, such as iron, and then steel, establishments of factories began, competition between businessmen arose, and innovations of transportation in the city through railroads and bridges developed. The
Andrew Carnegie believed that one's wealth could impact the entire world in a great way. He was commuter to make a fortune in the steel industry and later gave it up to help people with the wealth he accumulated. He shared the reasoning behind his actions in a book, hoping to drive others to follow in those footsteps. Andrew Carnegie impacted the world with his devotion to his philanthropy work and his steel business that sparked the steel industry.
Throughout history the United States has remembered Andrew Carnegie and what he did to influence the world. Many of us want to make our mark on the world and Andrew Carnegie is a great example of that. Carnegie was a man that accomplished this. Although many others like Henry Ford, Vanderbilt, and John D. Rockefeller were well involved in the revolutionary war and also had a great big impact on the world, I believe that Andrew Carnegie had the biggest impact. All of these men including Andrew Carnegie competed with one another to be the richest man in the world as well as have the biggest company. Andrew Carnegie made an impact when he displayed the characteristics of building a business enterprise that
The time period was in the 18th to the 19th century . In the U.S people are getting paid less wages and having some major rules and lastly having punishments. Carnegie was from Duntermline, Scotland, United Kingdom .He started by working a series of railroad jobs but, by 1889 he owned Carnegie steel corporation. He said his job to become a philanthropist and to dedicate his time to expand his philanthropic job . Andrew Carnegie is a captain of Industry because he gave money away 350 millions of dollars , succeeded in this environment and maintained the image of a philanthropist.
After selling his tycoon to J. P. Morgan in 1901, Carnegie decided at the age of 65 to dedicate the rest of his life to helping others. Though he had done much work earlier in his life with the donation of libraries, he extended his efforts beyond this. Carnegie funded many efforts to promote education, such as donating to the New York Public Library in order to fund the creation of new branches of the library. Additionally, Carnegie established the Carnegie Institute of Technology in Pittsburgh, Pennsylvania and created the Carnegie Foundation for the Advancement of Teaching, both of which were made possible by Carnegie’s willingness to donate his life’s earnings for the good of society. These actions classify Andrew Carnegie as a capital of industry due to his generosity and desire to return the favor of his success to his community and the people who assisted him in getting to his prosperous position in
Andrew Carnegie became one of the most successful businessmen of his time. Making a fortune of 350 million dollars, Carnegie was well known. He died August 11, 1919, in Lenox, Massachusetts. Even though Andrew was seen as a philanthropist, he was viewed as a “Robber Baron” because of his terrible treatment to his employees. In conclusion, Andrew Carnegie was a successful businessman with a dark side to
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
According to Oxford University Press, Carnegie gave over 350,600,000 dollars to various schools and institutions promoting education.Carnegie was a giving man with honest morals. In Andrew Carnegie's, Wealth,they explain how Carnegie believed that the “man who dies rich dies disgraced.” This quote from Carnegie explains how he believed people should spend their fortunes on things to advance and make society greater. Carnegie believed that the “most beneficial results were for the community.” According to Joseph Fraziers Wall, Carnegie donated over 50 million towards free public libraries. He believed that people should work and not inherit their money. Carnegie gave back to our country where most rich men did not. Unlike many others, Carnegie gave a large majority of his money towards building schools, libraries, public buildings, roads and more. Carnegie wanted to leave a legacy, challenging men of their manhood and condemning the corrupt rich. Unlike many other monopolists, Carnegie shared his wealth with the people, in order to make our society an overall better atmosphere. Carnegie's selfless acts further support the idea that he was one of America's
Imagine if it cost forty dollars to just go out and buy a generic steel doorknob; crazy, right? You have Andrew Carnegie in part to thank for this not becoming a reality today. Andrew was born into a family that was very big on reading books and learning new things. Later in life when he was working on the railroad, Carnegie started to make some investments. He was being smart with what he did, and he found that out of all of his investments, oil investments brought in very much profit for him. Within the next decade, pretty much all of Andrews effort was put into steel production. Carnegie Steel Company, which is what his business became known as, revolutionized steel production in the United States. Carnegie built steel plants around the
Andrew Carnegie was a firm believer in idea of individualism. That everyman must work and rise on his own ambition alone, that each man for themselves. In other word, he did not believe in the communist thought of working
Dogged determination, refusal to conform, a strong desire for knowledge and eternal optimism are a few terms practically synonymous when referring to Andrew Carnegie. With a childhood marked by struggle, Carnegie learned at a young age, the value of an education. His desire to learn is evidenced by the knowledge he gained when his family immigrated to the United States, from Scotland in1848. While on the ship, at 12 years old and determined to make the best of his situation, he learned how the ship’s day to day operations were handled. He helped with Sunday dinners, learned the names of the ropes and eventually helped lead the passengers when necessary. Young Carnegie was not content to keep his place, therefore, he explored and mastered his environment, taking full advantage of all he could gain from the experience.
Andrew Carnegie was one of the most wealthiest and famous industrialists of his time. Carnegie Corporation in New York, build the innovative foundation he established in 1911. The fortune he made from his businesses, helped support the discovery of insulin, the breakdown of nuclear weapons, the creation of Pell grants and of course Sesame Street. His corporation as a whole, had an everlasting impact on public discourse and policy. Millions of people have benefited from Carnegie’s generosity and as he once said “try to make the world in some way than you found it is to have a noble motive in life”.
Due to his insecure and selfish mindset many civilians didn’t succeed and unfortunately was acknowledged as the unprosperous members of their generation. This individual is known to be as Andrew Carnegie most people remember him for forming a musical based location known as Carnegie Hall. Except there is more prior details which makes him display this centralized idea of being a robber baron. Carnegie was very fond of the steel business he managed to find way to revolutionize the steel industry. One factoid to demonstrate how Carnegie did that was by turning iron into steel cheaply. This significant individual had owned every piece of production from mines to mills. During around Carnegie existence, one of America’s greatest hardships had taken place which was known to be as the Great Depression. During the depression many middle class workers got laid off and didn’t have the money to afford basic
Andrew Carnegie was born on November 25, 1835 in Scotland. His family came to the United States in 1848 and settled in Allegheny, Pennsylvania. He worked as a bobbin boy in a cotton mill. He then worked for Western Union and the Pennsylvania Railroad. In 1865, Carnegie organized the Carnegie Steel Company. This launched the steel industry in Pittsburgh. In 1901, he sold the company to J.P. Morgan for $480 million. He devoted the rest of his life to his philanthropic activities and writing. During his lifetime, Carnegie gave away over $350 million. He stated publicly that the rich have a moral obligation to give away their fortunes. In 1889, he wrote The Gospel of Wealth. He stated that all personal wealth beyond that required to supply the