Rockefeller Foundation

John D. Rockefeller was one of the richest men in the world in the late 1800s and the early 1900s. He is known for his very successful oil industry which we know as Standard Oil today. He was a very influential person back in his time and he still is today. Now the question is, was John Rockefeller a robber baron or a captain of industry? John Rockefeller was born on July 8th, 1839 in Richford, New York. His mother was a religious and disciplined woman and his father was a ¨pitchman¨. As a…

was poised to alter the country with a whole new infrastructure, railroads. In the episode the audience has also been introduced to a man named John D. Rockefeller who built his first oil refinery near Cleveland, and by 1882 he had a near monopoly of the oil businesses in the U.S. but his practices led to the passing of antitrust laws.…

The Civil War has ended, Abraham Lincoln has been assassinated, and the future of the United States doesn’t look great. “For the first time in American History, the man most capable of leading America is not a politician, but a self-made man.” Cornelius Vanderbilt was a shipping magnate who began his career running ferries from New York with cargo and people. He became successful and was nicknamed “The Commodore.” But, Vanderbilt becomes very interested in the railroad industry, causing him to…

it once everyone realized how valuable oil really was. There was so much that I really took in and really enjoyed learning about. Ida Tarbell and her journalism journey to expose a very powerful man who is known as the oil king himself, John D. Rockefeller. I also really liked learning about how Ida grew up in an oil town, she talks about the disadvantages and advantages she…

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…

Although it is argumentative that some entrepreneurs of the mid-nineteenth century deserved to be crown Captains of Industry or labeled as Robber Barons, John D. Rockefeller should have been honorably regarded as a Captain of Industry due to his account on strengthening the U.S’s economy by investing in blooming American industry and becoming one of the most respected philanthropist. At the same time, his fellow businessman, Cornelius Vanderbilt was suitable of the title Robber Barons for his…

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.…

D. Rockefeller. This episode focuses on how both of these titans became what the were. After the Civil War, Vanderbilt saw the opportunity that the railroads possessed in transportation and shipping, he capitalized on that by investing everything he owned into the railroads and eventually owning up to 40% of all the railroads in the United States. It also detailed Vanderbilts early life by showing that he was a tough, self made man who didn’t mind fighting dirty. Next was John D. Rockefeller,…

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.…