Rockefeller family

The Gilded Age was a time period in American history when the economy exploded with railroads and big businesses with the help of: Andrew Carnegie, John D. Rockefeller, and J.P. Morgan. These three were some powerful individuals that helped the economy shoot up. Carnegie helped with steel, Rockefeller with oil, and Morgan with banking. They all were captains of industry in their own way and they all played a big role in revolutionizing the way things currently function. Although some of their…

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 indirectly…

leaders who managed to earn their money not by how hard they worked but by their dishonest methods. One of the robber barons that were the most recognized was John D. Rockefeller. John Davidson Rockefeller was a business magnate and philanthropist born July 8th, 1839 in Richford, New York. To start with, one of the reasons Rockefeller was a robber…

dreams are Rockefeller, Andrew Carnegie, and Oprah Winfrey. Rockefeller started off as a young boy who…

There has long been a debate no whether the capitalists of the late 19th century to early 20th century (such as Rockefeller, Carnegie, etc.) were “captains of industry” who looked to better the budding country or corrupt “robber barons” who only looked after themselves. One needs to take a good long look back into this time period to uncover the truth of the matter; however, once one does this, it becomes quite apparent that the later of the two is quite factual while the former falls flat on…

The nineteenth-century was a time period where the supply and demand for manufactured goods increased a great deal in the United States and more and more people invested in industrial pursuits. People were finding quicker and cheaper ways to build more products in a mass production. Entrepreneurs took advantage of these and learned to organize and fund a business which helped their economic situations skyrocket if they played their cards right. The people of this time who were not making as…

States. This idea is what every person works for in their lifetime. Three men made it very clear that the American dream was possible starting with very little. Throughout the Gilded Age in American history, Industrialists Andrew Carnegie, John D. Rockefeller, and Cornelius Vanderbilt sought the American dream through wealth and greed by taking advantage of the workplace but also advanced society by providing opportunities. Andrew Carnegie advanced society by giving back millions made from…

time of the Gilded Age with their powerful and professional business maintenance. The term “robber barons” came from a group of men who criticized the corrupt and inappropriate methods used by businessmen such as J.J. Hill, John D. Rockefeller, and Andrew…

of Andrew Carnegie and John D. Rockefeller as they advanced the development of steel, rail, and oil industries. Additionally, these men understood the needs of the nation as they aimed to lower prices to provide additional economic expansion. For instance, John D. Rockefeller created Standard Oil, a national corporation that controlled over 90% of U.S. oil production, he was able to cut the price of oil from 58 cents to 8 cents (Folsom). In fact, John D. Rockefeller often said, “We are refining…

In the 1890’s to the 1920’s America had many large businesses and companies starting up. Many of these Businesses and companies were owned by large tycoons like John D. Rockefeller. A tycoon is, as described by dictionary.com, “a person of great wealth, influence, or power.”One of these large business tycoons was John Pierrepont Morgan, he is better known as J.P. Morgan. He was a financial, railroad, and a banking tycoon who sometimes merged with other companies. Such as the time that he merged…