Morgan Vs Carnage

During the Industrial Revelation the right of having a monopoly was legal to have. What a monopoly is “the exclusive possession or control of the supply or trade in a commodity or service.” In order to have a monopoly, you needed to have the skills and the knowledge to run your business fluent as possible. During this period of time, there were four men who knew had to do this. These four men were Vanderbilt, Rockefeller, J.P. Morgan, and Carnage. These men discover the thing that we use today and that we need in our day to day lives in order serve. Vanderbilt discover the train industry and wiped out every competition that tried to enter the train business. Rockefeller discovers the oil business and kerosene and made it easier for Americans …show more content…
When Vanderbilt grew up he moved into the steamship business and was very good at it. Vanderbilt notices he was extremely good at the steamship business and felt that he needed more. Vanderbilt moved to the train business and made it bigger than it was at the time. Vanderbilt notices he could get money off of transporting people's goods from one place to another in a shorter period of time than a boat. Vanderbilt to a risk and let go of the steamship business for a while and tried to build up the train business out of nothing. He worked hard and became the wealthiest man in America at that time. Until he had some competition and drove him to dominate and whip out all competition as possible. With that mindset he owned almost every railroad touching all four corners of the United States. Therefore, he earned the title of the titan of America. Since he owned basically all the railroads and the trains traveling on the …show more content…
Morgan was the son of a banker and started in the family business at a young age. J.P. Morgan’s family took over failing business and take money from them. J.P. Morgan father has been his mentor ever since he was around the age of 35. Morgan’s father always told him to never take the risk and change the way they do things. Until Morgan went on and invested into an inventor called Thomas Edison, who invented the light bulb. Morgan wanted to be great and the wealthiest man in America with Vanderbilt out the picture since he passed at that time. Morgan went on and went into the industry of electricity and wanted to be at the top. He feared that if he ever got dominated by one person everyone else would pass him. Not only did Morgan went into the electricity industry but he also gave the White House money for the loss funds that they needed. With that contracted Morgan could basically do anything he wanted. Morgan provided the United States with General Electric, Chase Bank, and provided the White House for the debate that they had fallen