The Second Industrial Revolution, a time of famous technological innovations and nuances and yet it held an age of inflation and had industrial and business leaders, or rather robber barons. These robber barons were labeled as so because the industrial and business leaders would use extreme and harsh measure to control and concentrate wealth and power among the people. In fact, their roles in the very revolution, itself, became and remain heavily debated even to this day. Most believe beneficial and others, detrimental; however, with no doubt the roles played by robber barons during the Second Industrial Revolution were beneficial, if not for the exact place in time, then absolutely for the future. Some of these robber barons may have acted
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Most people, however, do not see this side of the businesspersons, only viewing the nasty side of the businesspersons, competitiveness, and self-profit. Those kinds of people do not realize the complexity of the competitiveness, because, ultimately, that is what causes businesses to thrive. However, that could not entirely be there fault because of greedy business leaders such as William H. Vanderbilt. In a response to a questionnaire Chicago Daily News in 1882, his answer negatively reflects business leaders, as in the questionnaire Vanderbilt, himself, damns the public, simply, for the fact no one generally thinks about what it takes to build railroads in the first document provided. Moreover, mudslingers also gave a bad image to businesspersons such as the political cartoon provided as the fifth document, which labeled Rockefeller as an octopus one that encompasses as well as crushes the competition in standard oil. Therefore, most negative serialization of businesspersons by the people come from newsreels and illustrators with strong opinions and therefore, the bias of the illustrator and or newsreels spread to the public warping whether a business person is just or unjust. In fact, good businesspersons who worked for the people and …show more content…
One who did not have mass amounts of money would soon have no money at all, and any businessperson if not competitive and attentive at trying to gain more profit could easily return to being a simple citizen, because even one hundred dollars today valued at least 1.6 thousand dollars at the time of which the seventh document is documented. Therefore, if a business cannot make enough money, then they shall go bankrupt. As stated by Andrew Carnegie in “Wealth,” North American Review, 1889, to anyone who had read his article, competitiveness is best for the race, which is survival of the fittest. After all, business is business. Moreover, the expenses to run a business are high and rise higher when one wishes to expand their business. Any business leader would wish to get more money only not for themselves, but for others and their own business. Furthermore, the type of expenses for rent, paying workers, etc. can be imagined and large, especially with the second document, which is a letter, by Thomas Alva Edison on November 14, 1887. This letter alone does not state who exactly the person of attention is, only states the hard work as well as diligence Edison held while running his laboratory and the type of projects done. These projects, as described are be expensive, as he described being able to build a locomotive, of which a large mass of steel would be needed, and he
Most people, however, do not see this side of the businesspersons, only viewing the nasty side of the businesspersons, competitiveness, and self-profit. Those kinds of people do not realize the complexity of the competitiveness, because, ultimately, that is what causes businesses to thrive. However, that could not entirely be there fault because of greedy business leaders such as William H. Vanderbilt. In a response to a questionnaire Chicago Daily News in 1882, his answer negatively reflects business leaders, as in the questionnaire Vanderbilt, himself, damns the public, simply, for the fact no one generally thinks about what it takes to build railroads in the first document provided. Moreover, mudslingers also gave a bad image to businesspersons such as the political cartoon provided as the fifth document, which labeled Rockefeller as an octopus one that encompasses as well as crushes the competition in standard oil. Therefore, most negative serialization of businesspersons by the people come from newsreels and illustrators with strong opinions and therefore, the bias of the illustrator and or newsreels spread to the public warping whether a business person is just or unjust. In fact, good businesspersons who worked for the people and …show more content…
One who did not have mass amounts of money would soon have no money at all, and any businessperson if not competitive and attentive at trying to gain more profit could easily return to being a simple citizen, because even one hundred dollars today valued at least 1.6 thousand dollars at the time of which the seventh document is documented. Therefore, if a business cannot make enough money, then they shall go bankrupt. As stated by Andrew Carnegie in “Wealth,” North American Review, 1889, to anyone who had read his article, competitiveness is best for the race, which is survival of the fittest. After all, business is business. Moreover, the expenses to run a business are high and rise higher when one wishes to expand their business. Any business leader would wish to get more money only not for themselves, but for others and their own business. Furthermore, the type of expenses for rent, paying workers, etc. can be imagined and large, especially with the second document, which is a letter, by Thomas Alva Edison on November 14, 1887. This letter alone does not state who exactly the person of attention is, only states the hard work as well as diligence Edison held while running his laboratory and the type of projects done. These projects, as described are be expensive, as he described being able to build a locomotive, of which a large mass of steel would be needed, and he