Rockefeller Foundation

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…

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…

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…

Rockefeller was the founder of Standard Oil Company, and become one heck of a rich man. In 1863 Rockefeller invested in Cleveland, Ohio, Refinery, for then-fledgling oil. He controlled most of the refineries in the US. They thought he was doing unethical practices, to gain monopoly industries. They had found, the Standard Oil Company in violation, of antitrust laws, and ordered it to be dissolve. Rockefeller was born to a traveling salesman. He always did little side jobs, from selling…

To begin, John Davidson Rockefeller’s oppositions such as Vanderbilt, and Tom Scott continuously try to make more money off of Rockefeller and sabotage his well planned industry, however Rockefeller always makes a decision that will tear down the opposition to keep his industry running. Through the study of John D. Rockefeller, he should be considered a captain of industry. He has justified his wealth many times as he has never cut his workers wages, he has also donated to charity very often,…

Who: This article is about Carl Scheele a 1700’s chemist. Scheele was born into a very wealthy family and his father was a very smart man. Scheele learned a lot from his father and his friends that would come to teach young Carl. Scheele became a pharmacist which lead him into working with different chemicals. He founded many different acids as well as barium and molybdenum. Scheele also created a green coloring mixture in which is now famous as Scheele’s Green. What: This article is trying to…

John D. Rockefeller is the poster child for the American dream. He worked himself from the bottom of the monetary food chain to the top. Rockefeller believed in hard and honest work and hated when anything went to waste. This is why when he saw oil being drilled and wasted through inefficiency, he saw an opportunity. Rockefeller then started his own company and the rest is history. He became one of the first multimillionaires in the United States of America through his business and talent.…

John Davison Rockefeller was born on July 8th, 1839 into a “modest” household (Benson, Stock, Brennan 1332). At that time, the United States of America was near the brink of the Civil War and end of African-American enslavement. While that was happening , something else was brewing overseas in Europe. The Industrial revolution was just starting and the whole world would feel the effects of the innovations that ensued. Rockefellers presence would not be known for a while. He moved from city to…

John D. Rockefeller was born on July 8. 1839 in Richford, New York. His father William Avery Rockefeller, was a “pitch man”-- a “doctor” who claimed he could cure cancer and charged up to $25 per “treatment.” His dad was gone from month to month traveling around the West from town to town and would return to wherever the family was living with substantial sums of cash. His mother Eliza Davison Rockefeller, was very religious and disciplined. She raised John to work, save and give to charities.…

Cornelius Vanderbilt was a disrespectful, ugly, genius shipping and railroad tycoon whose parents were farmers and he grew up with no education. “In New York, 1871 Vanderbilt was in the Grand Central Depot, the terminal for New York Central Railroad was constructed with features like elevated platforms , a glass balloon roof spanning all the tracks and boarding areas only accessible to passengers”. He made railroad much better than it was by making it cheaper and efficient. He mastered…