Rockefeller family

Andrew Carnegie was a Scottish-born American industrialist who gained great wealth in the steel industry before turning into a major philanthropist. His family moved to America to seek better economic opportunities. He started out working in a cotton factory as a boy and then rose up the latter of command through time. By his early thirties he was already well off and realized he wanted change. In 1901 he sold his company to J.P. Morgan for $480 million dollars and devoted himself to…

Howard Zinn argues that the new industrialists such as John D Rockefeller, Andrew Carnegie, and J.P Morgan adopted business practices that encouraged monopolies and used the powers of the government to control the masses from rebellion in A Peoples History of the United States of America. Rockefeller, Carnegie, and J.P Morgan all became massively wealthy due the spur of innovation, cheap labor, and other practices. Zinn argues that these “robber barons” used sly business tactics to keep their…

States men fought for power and money. Primarily, men such as John D. Rockefeller and Cornelius Vanderbilt. Vanderbilt was once known as the king of the railroads due to his sharp wit. However, Rockefeller started out poor and was an almost bankrupt oil industry. Vanderbilt yearning for more control over his competition, had decided to make a deal with Rockefeller so that he could transport oil and gain more profit. Then Rockefeller made a promise that he couldn’t keep so he had to either go…

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,…

of Technology in 1904. Although he had little education, Andrew grew up in a family that believed in the importance of books and learning. This later influenced him to donate to libraries, school programs, and the building of universities. When his family traveled to America, they settled in Allegheny, Pennsylvania. Carnegie worked many jobs including factories, railroads, messengers, etc. The year after his family moved he found a job as a telegraph messenger. Hoping to advance his…

Collis made America much better by being involved in all these projects that affected the american people in such a positive way. Now people from the south were able to travel to the west because of the Southern Pacific Railroad. Major Wickham was able to get Huntington involved in the Chesapeake and Ohio Railway, because of Huntington’s involvment this railroad became a success. This railway was from Virginia and in West Virginia there is a town named after him. He established a coal business…

Thomas W. Truxes writes in “Defying Empire: Trading with the Enemy in Colonial New York that during the Seven Years' War”, New York's "most successful businessmen were daring, resourceful, and often ruthless." This assertion is supported throughout the book with multiple examples of how the successful businessmen of the time exhibited these traits. They were bold, inventive, and brutal. These men went to whatever lengths necessary to make money and ensure the security of their businesses. They…

the first skyscraper. With this is wealth began to grow and he became closer to his rival Rockefeller. Andrew blamed Rockefeller of his mentor's death because his mentor was focused in the railroad industry and since Rockefeller pulled his oil from being shipped by Railroad the rail industry died causing Andrew to change his business. Since that time Andrew soul focus was to gain revenge by surpassing Rockefeller in profit and overall wealth. In order to do this however Andrew Hired a man named…

from the ground up like Rockefeller and Carnegie. J.P. Morgan went to Thomas Edison to find the answer. The answer being electricity. Morgan saw that potential that electricity and the lightbulb possessed and was determined to become the one who lights America, but Rockefeller knew that kerosene would go out of business and tried to stop it. All while Andrew Carnegie was reconstructing his steel business from its problems. In the end Morgan started General Electric, Rockefeller started…

The powerful Industrialists of the gilded age are often negatively connotated, due to the deceptive behavior and questionable activities that they are known to have partaken in. Four notable men of this standing were John D. Rockefeller, monopolizer of the oil industry, Andrew Carnegie, in the steel industry, J.P. Morgan, a financier and banker, and Cornelius Vanderbilt, who was wealthy and powerful in the railroad industry and built the Transcontinental railroad. Although they were in many ways…