Rockefeller family

Question 8: Were rich industrialists captains of industry or robber barons? Position: Rich industrialists were captains of industry 1. The rich industrialists of the 19th century pioneered the business practices of the time, and set the foundations for the success of US corporations for decades to come. One such business practice was cost accounting. In the 1880s, industrialist Andrew Carnegie was “the first in the railroad industry to apply cost accounting, or breaking out the product cost…

The other way in which Heller uses humor is is to expose the problems with capitalism, most notably seen in M&M Enterprises, the syndicate owned by Milo Minderbinder. Milo “...takes essential supplies from the planes but says that because everyone has a “share” in his business, it’s for their own good” (Catch-22). This quote only touches the surface of the problem; Milo will take anything he thinks he can make a profit on, from the syrettes of morphine in the medical case to the carbon-dioxide…

Cornelius vanderbilt should be the captain of industry because he stated the transportation of oil through trains. Also he was the inspiration behind many other industrial men. Plus he turned $100 dollars and 1 ferry into a giant shipping business that he then sold for a giant train business then he made millions of dollars and making him the richest man in america at that time. Plus he invested very well in stocks only making more and more money to add to his already millions of dollars.…

A famous person that studied in my field is a billionaire named John Paulson. John is mentioned a lot in the business industry because of his success. They call him “A man who made one of the biggest fortune in Wall street history”. John Paulson is a legendary American fund manager. A hedge fund manager is a financial analysis who is responsible for making decisions about investments. Although, none of his success couldn’t be accomplished without the motivation given by his uncle in Ecuador.…

restaurant that served some very addicting garlic knots. It was impossible to just eat one. The pizza comes in large, thin slices which had just the right amounts of sauce and cheese. It was a perfect meal to welcome me to the city. From the restaurant, my family and I took cabs to the American Museum of Natural History. The entranceway was packed with visitors and we had to wait in line to check in. I was standing with my cousins up against…

When I think of business gone wrong, I can’t help to think about the near massacre of the Homestead Mill Strike in 1892. This was around the era of when America was revolutionizing industries and establishing the countries economy. Some may say that these were ruthless and cutthroat times of business. However, one man came out of it extremely successful and made a name for himself, it was Andrew Carnegie, a true “entrepreneur.” Andrew Carnegie was born and raised in the country of Scotland. He…

In the 1920s, the idea of the “self made man” was epitomized through Andrew Carnegie and John D. Rockefeller. Through the innovation of Carnegie and Rockefeller, American society was given a living example of the American dream, American society was also improved through their philanthropic work and Americas place at the top of the global economy was firmly established. These two driven men were not held back by their modest beginnings and the legacy they left behind them changed American…

into a global superpower in just 50 years. Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, J.P. Morgan, Henry Ford – their names are synonymous with innovation, big business and the American Dream. These leaders sparked incredible advances in technology while struggling to consolidate their industries and rise to the…

individuals in history, Carnegie wished not to live in poverty, like his family, and promised to himself to work hard in order to accomplish this goal. Carnegie wished to escape this life of poverty where his family was forced into doing dreadful tasks and scrounging in the street for scraps and other measly portions. Carnegie’s time in the library was not just dedicated to himself but to the fact that he wished to help his family in the future. According to the PBS website, People and Events:…

1. Name of the Industrialist Thomas Edison 2. He did acquire his wealth? He acquire his wealth through selling newspaper, it was his first start that made him succeed in life later. The Universal stock printer company rewarded him $40,000 because of his impress full work of inventing stock ticker’s. After that, Edison decided to leave his job and concentrated on inventing. Also, in early 1870s, “he acquired a reputation as a first-rate inventor”. 3. How he (or his related industries) treated…