Andrew Carnegie, George Eastman, John D. Rockefeller, and J. P. Morgan are captains of industry. They all were leaders of their own doing. Eastman created a small camera and reasonably priced it for the average person. It lets people capture the special things in life like birthdays and Christmas. And it was averaged price of $25 for the camera and $10 to have the film developed and reloaded so that more people could buy it and it opened the door for the movie industry. Carnegie introduced the Bessemer…
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During the industrial era, business leaders such as Vanderbilt, Carnegie, Rockefeller, and Morgan created monopolies that greatly dictated the direction and state of the United State’s economy. Using varying tactics, these four men were able to conquer different emerging industries. Because business had very little regulation at the time, business leaders had limitless power. The first, main owner of a monopoly was Cornelius Vanderbilt. In the late 1800’s, he dominated the railroad market. The…
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prompted industrial growth. The power and corruption of the railroads led to public demands for regulation, which was only minimally begun. New technology and forms of business organization led to the growth of huge corporate trusts. Andrew Carnegie and John D. Rockefeller led the way in the steel and oil industries. Initially, the oil industry supplied kerosene for lamps; it eventually expanded by providing gasoline to fuel automobiles. Cheap steel transformed industries from construction to rail building…
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depended on railroading? Railroad building soon led to the development of the steel industry; the leader in the transition from iron to steel was Andrew Carnegie. 4. What system of business did Andrew Carnegie pioneer? Carnegie turned away from speculation, striking out on his own to build the biggest steel industry in the world. By 1900, Carnegie Steel had expanded to include several plants and stood as the best-known manufacturer in the nation. 5. Explain the oil refining business in…
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and fight when Indians attempted to defend their lands. Rail-lying at the California end of the railroad was taken up by the Central Pacific Railroad. The 4 chief financial backers of the enterprise (the Big Four) included Leland Stanford and Collis P. Huntington. They operated through 2 construction companies. The Union Pacific Railroad and the Central Pacific Railroad companies both received monetary aid from the government. The transcontinental railroad was completed in 1869, increasing trade…
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Andrew Carnegie (575, 576) Who: steel king Where: Scotland, Pittsburgh When: 1900 what: A steel business man who worked his way up. He oversaw every phase of his steelmaking corporation, vertical integration. This eliminated many iddlemen. He dislieked monopolies and had an organization of 40 pittsburgh millionaires. He was bought out by JP morgan for $400 million and donated 350 mill to libraries, pensions and other public places. HS: An example of the widening social gap J. Pierpont…
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Correct Answer(s): C 4. The Pennsylvania oil rush: A) illustrated to many Americans that a dependence on oil might prove problematic in the future B) outweighed, in economic importance, the California gold rush of a decade before C) gave J. Pierpont Morgan his start in business Points Earned: 1.0/1.0 Correct Answer(s): B 5. What industry was “the first big business, the first magnet for the great financial markets, and the first industry to develop a large-scale management bureaucracy”? A) telephone…
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“A little money and hard work will make any man independent...” - Jay Gould Jay Gould, Andrew Carnegie, J. P. Morgan, and John D. Rockefeller self-made men of the Gilded Age and Captains of Industry or Robber Barons? The question does not ask if these men were successful, but rather if these men were willing to sacrifice their souls with unethical, immoral, and corruption in exchange for power and greed. Edward Renehan attempts to shed new light or rather a deeper understanding of notorious king…
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人的知识是虚伪,肯定都是通往失败的现代生活的完美配方。读关于人性和社会的逻辑+实证的科学论述,理性的分析人性、人群、社会、国家,才是正道。 (一些书的英文本可在这里找到:http://ishare.iask.sina.com.cn/) today's business, globalization - thomas friedman, the world is flat 世界是平的 - thomas friedman, flat, hot, and crowded - Andrew S. Grove, Only Paranoid Can Survive - Tapscott & Williams, Wikinomics - Randall Stross, Planet Google - Steven Levy, In the Plex: How Google Thinks - Clara Shih, The Facebook Era: Tapping Online Social Networks to Build Better Products…
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Assignment 1.2: Industrialization after the Civil War Final Paper Belinda Scott History 105: Spring 2014 Prof. Michael Smith Industrialization after the Civil War After the Civil War the United States became a much more industrialized society. Between 1865 in 1920 industrialization and proved American life in many ways. However industrialization also created problems for American society. This paper will…
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