John D. Rockefeller

war and battles. One conflict still carries through to today: should the Industrial leaders of the late 19th century be characterized more as “captains of industry” or “robber barons?” Two prominent figures to be noted are Andrew Carnegie and John D. Rockefeller. Neither was born into wealth, but rather, they earned it themselves through their success in the oil and steel businesses. But the question here is did they earn it? Or did they cheat their way to the top through exploiting and…

and economics. The worded “gilded” means gold and during this era there was a lot of fortune accumulated. Overall during this time period the United States has a lot of gain but also faced an ers with ongoing social issues. Andrew Carnegie, John D. Rockefeller and Cornelius Vanderbilt were some of the biggest businessmen during this time but were also, robber barons because they would go to any extent to gain success and they made millions of dollars from the hard work of others. The Gilded…

with rival companies. Morris indicated John D. Rockefeller did this the best. What also made him unique was the way in which he understood distribution. Rockefeller personally started many of the relationships with the purchases his company made and eventually helped with the merger as well. Rockefeller was able to guide his company in the direction he wanted it to go rather than having someone under him give off a reputation he did not intend. Rockefeller began small, but always had intentions…

In late 19th century America, countless industrialists were accused of using unscrupulous or dishonest methods of hoarding wealth and building monopolies. Examples of these accused captains of industry include John D. Rockefeller, Andrew Carnegie, and J.P. Morgan, nicknamed "Robber Barons." While many consumers and competitors were quick to attack these powerful businessmen, their primary interest was merely to build on the success of their companies, and reach their full potential. I believe…

and steel industries. With the rise of these three major businesses there were many prosperous effects but there were also many repercussions of the growing businesses. John D Rockefeller and his company, Standard Oil, controlled the oil industry. With this company he controlled 90 percent of all oil manufacturing.…

In the Gilded Ages, I believe the American business owners were considered both the captains of industry and robber barons. If you were a captain of industry, you were a business owners that had a positive effect on the American economy while being a robber baron meant the exact opposite. Robber barons were business owners that had a negative effect on the American economy. I think there were captains of industry but there were also robber barons. Some robber barons included Marshall Field,…

Vanderbilt, Hill, The Scrantons, Shwab, and Rockefeller are what were believed to be “Robber Barons”. This was a phrase given to entrepreneurs by society because they believed that they were only out for themselves. Many believed that they were political entrepreneurs who's only worry in life was to make money, when in fact they wanted the exact opposite. In the book Myth of the Robber Baron, Burton Folsom tells the story of how these men who were thought to be out for themselves helped to shape…

Discussion #1 – PAT, chapter 12, and PHUS, chapters 11 and 13 What does Zinn mean by referring to industrialists like Andrew Carnegie and John D. Rockefeller as “robber barons”? What did they do to deserve that name? Why do Schweikart and Allen refer to them as “titans of industry”? What good do they think Rockefeller and Carnegie did? Zinn allots them the name “robber barons,” a negative name, because the two made secret, possibly illegal deals to crush competition, heightened prices but,…

Standard Oil Company was established in 1870 by John D. Rockefeller in Ohio (Exxon). Not too long after, in 1879 Standard bought three-quarters of Vacuum Oil company, which later became Mobil (Exxon). Three years later in 1882, Rockefeller formed Standard Oil into a trust which included the Standard Oil Company of New Jersey, which later became Exxon, as well as Vacuum, and many others (Exxon). However, following a Supreme Court decision the company was split into 34 unrelated businesses in 1911…

are known today and the decedents of their products are still in use today: John D. Rockefeller: Oil, John Jacob Astor: Real Estate and Fur, Henry Clay Frick: Steel, Commodore Cornelius Vanderbilt: Shipping and Railroads, Jay Gould and James Fisk: Railroads and Finance, Andrew Carnegie: Railroads and Steel, Collis P. Huntington, Leland Stanford, Charles Crocker, and George Mortimer Pullman: Railroads, Andrew Mellon, and John Pierpont Morgan: Finance. And Thomas Alva Edison and the Business of…