Andrew Carnegie: One of the Pioneers of the Big Business

Many people at the time were living in poverty and there weren’t enough jobs that had sufficient pay to support a family. The steel industry was one that had the highest earning wages. The average daily wage at the time for iron and steel workers were $1.87, this is far above other industries that had a smaller amount of pay. Others can argue that because of the bad working conditions workers faced in the steel industries, Carnegie shouldn’t be considered a hero. But isn’t the goal of a business to create more jobs? Carnegie believed that it was proper to have completion between the rich and the poor because if there wasn’t, there would be no individuals capable enough to provide such jobs to further expand the essential needs of laborer and those of the economy (Doc 3). When Carnegie sold the Carnegie Steel company to J.P Morgan for $400 Million, the newly named company (U.S Steel) created numerous amounts of jobs employing 168,000 people.

Andrew Carnegie. Who was he? Was he just a robber baron or a captain of industry. Andrew was a self made Entrepreneur in the late 1800s. He was the owner of the Carnegie Steel Company which monopolized the steel industry. In 1889 he wrote the famous “Gospel of Wealth” which made the use of libraries to give to the worthy poor that were smart to use them. He also gave away 350 million dollars. On the other side Carnegie’s steel workers were treated poorly by long working hours and reduced wages. He also gave support to the plant manager Henry Frick who hired Pinkerton thugs to intimidate workers on strike and many were killed in the conflict. Andrew Carnegie was sometimes saw as a robber baron taking others money to give away not spending his own money On the other hand people saw him as a captain of industry giving to the worthy poor with libraries and millions of dollars.

Andrew Carnegie was a captain of the industrial growth of America during the early twentieth century, builder of the formidable American steel industry, and the wealthiest man in the world at the time. His success was not accidental. Most decisions in his life were well planned in order to achieve specific outcomes.

The nineteenth century was a time of progress for the United States, a time when a free-enterprise economy ruled the industrial sector. It was also the time when one of the greatest entrepreneurs achieved dominance, Andrew Carnegie. A captain of industry, Carnegie built and ran his a steel company in Pennsylvania. The free enterprise system was both necessary and conducive to Andrew Carnegie's success. It gave him freedom to make his own economic decisions, such as where to work and how to treat workers.

Andrew Carnegie was born in Dunfermline, Scotland in 1835. His father, Will, was a weaver and a follower of Chartism, a popular movement of the British working class that called for the masses to vote and to run for Parliament in order to help improve conditions for workers. The exposure to such political beliefs and his family's poverty made a lasting impression on young Andrew and played a significannot

Andrew Carnegie was one of the wealthiest men in America but his wealth didn’t come without hard work and dedication. Carnegie was born in “Dunfermline, Scotland on November 25, 1835” (Tyle). According to Laura B. Tyle, the invention of the weaving machine unfortunately pushed Carnegie’s family in to poverty “In 1848, Carnegie’s family left Scotland and moved to Allegheny City, Pennsylvania, where his father and eventually him worked in a cotton factory” (Tyle). After leaving the cotton factory “Carnegie became a messenger boy for the Pittsburgh telegraph office and eventually made his way up to telegraph operator” (Tyle). According to Laura B. Tyle “Thomas A. Scott, the superintendent of the western division of the Pennsylvania Railroad, made Carnegie his secretary at the age of eighteen.” Later, Carnegie took over Scott’s position of the railroad. Furthermore Carnegie “began to see that steel was going to replace iron and by 1873 he organized a steel rail company” (Tyle). According to Laura B. Tyle he continued to build his company when he “cut prices, drove out competitors,

Andrew Carnegie, the “King of Steel”, the benevolent employer, the giant of industry, was among the greatest influences of the second industrial revolution. It is sometimes questioned whether Carnegie was the ruthless, sneaky steel tyrant some made him out to be, or the generous, benevolent education benefactor he appeared to be. I believe him to be a combination of both, but more so the great giant of industry.

Andrew Carnegie was born on November 25, 1835, in Dunfermline, Scotland a town that sustained itself with its linen weaving industry. Andrew Carnegie was the founder of the "Age of Steel", for example, "From his companies emerged the steel to build the infrastructure (railroads, bridges, automobiles, ships ...) that would build a nation. He was a major catalyst in the transformation into the

The “rags to riches” story is a term of reverence respecting the few in society who sacrificed the little they had and emerged successful. These doctors, lawyers, entrepreneurs, researchers, and other professionals inspire people of all socioeconomic levels by transforming nothing into something. Jay-Z, George Soros, Steve Jobs – these are names culture holds with great respect. One “rags to riches” story not many Americans have heard of pushes the limits of mental capacity. This man followed the poor-to-rich path and succeeded to such high degree that he, in turn, defined the very essence of this characteristic. Once a poor boy, Andrew Carnegie transformed the limited resources available to him into tools that aided his journey in becoming one of the richest, most successful men in all of history. Carnegie began his journey as an immigrant to Pittsburgh, Pennsylvania from Scotland. His family sought work, as their former weaving business had been destroyed by the Industrial Revolution (“Andrew Carnegie” American Experience). This experience as a poor worker created the drive that led him to become one of the wealthiest men of all time through his massive steel company, the Carnegie Steel Company. In conjunction with his economic success, the tycoon used the fruits of his leadership in the steel industry to become the “father of American philanthropy” (“Meet Andrew Carnegie”). As accomplished the man became, the

Andrew Carnegie Essay written by aliciareagan@neo.tamu.edu A man of Scotland, a distinguished citizen of the United States, and a philanthropist devoted to the betterment of the world around him, Andrew Carnegie became famous at the turn of the twentieth century and became a real life rags to riches story. Born in Dunfermline, Scotland, on November 25, 1835, Andrew Carnegie entered the world in poverty. The son of a hand weaver, Carnegie received his only formal education during the short time between his birth and his move to the United States. When steam machinery for weaving came into use, Carnegie's father sold his looms and household goods, sailing to America with his wife and two sons. At this time, Andrew was twelve, and his

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.

     Let us first look at Mr. Andrew Carnegie. Carnegie was a mogul in the steel industry. Carnegie

Andrew Carnegie was born on November 25th, 1835 in Dunfermline, Scotland. His father was a hand loom weaver and Chartist. Carnegie believed in the importance of birthplace. “I was supremely so in

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 was an industrialist who led the expansion of the steel industry in America. He made his fortune in the steel industry, controlling the most iron and steel