The Gilded Age (approximately 1877-99) was characterized by the phenomenal wealth and farthermost reaching power of a handful of men. Kn cause as robber barons, these men ruled the billet world by taking complete control of the industrialization (a transition to an saving based on business and industry rather than agriculture) of the country, to a fault kn ingest as the Industrial revolution. The Industrial Revolution happened because of the object and perseverance of small business owners who relied on prove business strategies to keep their companies alive. This is where the robber barons differed greatly from early(a) industrialists: They took risks by experimenting with strategies that no one had ever used before in business. Those strategies, supplemented by the barons greed and desire for power, gave them wealth exactly a bad reputation as well. (Gilded web) Among all the noteworthy robber barons was Andrew Carnegie (1835-1919), owner of Carnegie Steel. (Gilded web ) Carnegie, a Scottish immigrant, born into thinness moved to the United States at the age of twelve. During his time as a teenager, his skills as a telegraph operator caught the care of Tom Scott, superintendent of the Pennsylvania Railroad. Scott hired Carnegie, soon promoted him, and hit him the specie for his first foray into Wall Street investment.

Carnegie became a millionaire before his 30th birthday, and struck out on his own to reshape the iron and steel industry. Before the Industrial Revolution, the partitioning between the upper classes and the lower classes was not so large. in that respect had always been commonwealth who had money and the people who did not, hardl y industrialism allowed people in the right ! circumstances to make much money than was ever possible before. Without the working class, robber barons could not pick out elevated themselves to the highest positions in American society. (James knave 574) Like the other robber barons, Carnegie overworked and underpaid his employees. In doing so, he unbroken his operating costs...If you wish to get a full essay, recount it on our website:
OrderEssay.netIf you want to get a full information about our service, visit our page: How it works.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.