Compare Rockefeller And Carnegie As Captains Of Industry

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I would define men like Rockefeller and Carnegie as “Captains of Industry”. Rockefeller's impact on the American economy demands recognition. He took advantage of the loophole in the Union draft law by purchasing a substitute to avoid military service. In the 19th century. Rockefeller introduced techniques that totally reshaped the oil industry as Kerosene and how can crude oil be converted to it. He used all methods to reduce the price of oil to his consumers as rebates. He gained many profits and his competitors were crushed one by one. Most of his business were fair business competition. Before his death he gave half of his fortune to medical foundations, Churches, and universities. For Carnegie he donated $350,695,654 during his life

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