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Q: Which city would the famous immigrant Andrew Carnegie most likely have done business in during the 1890s?
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Who is Andrew Carnegie?

Andrew Carnegie was one of the wealthiest men during the 1800's, he revolutionized the steel industry during the era of railroad expansion. He was rich. This was because he had lots of business with the industries and he sold steel at very low prices.Emma - The Life of Andrew Carnegie in a little more detail....Andrew Carnegie was the son of a handloom weaverHe was born in Dunfermline, Scotland, on 25th November, 1835.The economic depression of 1848 convinced the Carnegie family to emigrate to the United States where they joined a Scottish colony near Pittsburgh.Andrew began work aged 12 in a local cotton factory but continued his education by attending night school.At 14 Carnegie became a messenger boy in the local Pittsburgh Telegraph Office. His abilities were noticed by Thomas A. Scott, the superintendent of the western division of the Pennsylvania Railroad.After the war Carnegie succeeded Scott as superintendent of the western division of the Pennsylvania Railroad.Carnegie invested in many factories . The most important of these was Keystone Bridge, a company which he owned a one-fifth share.Carnegie decided that steel would now replace iron for the manufacture of heavy goods.Carnegie wrote a series of books including Round the World (1881), An American Four-in-Hand in Britain (1883) and Triumphant Democracy (1886), where he compared the egalitarianism of America with the class-based inequalities of Britain and other European countries.The Carnegie Steel Company was valued at $25 million and was now the largest steel company in the world.The Carnegie Steel Company continued to expand and between 1889 and 1899.Carnegie now had a personal fortune of $225,000,000.Carnegie set built 3,000 public libraries (380 of these in Britain), also included were the Carnegie Institute of Pittsburgh, the Carnegie Institute of Technology and the Carnegie Institution of Washington for research into the natural and physical sciences.By the time Andrew Carnegie died in August, 1919, he had given away $350,000,000. A further $125 million was placed with the Carnegie Corporation to carry on his good works.A Scottish born US steel industrialist turned philanthropist.


Was bill gates a captain of industry?

It depends on what you mean by a "captain of industry." The term generally applies specifically to John D. Rockefeller, J.P. Morgan, Andrew Carnegie, and others during their time. But you could certainly say that Bill Gates was a modern captain of industry in the sense that he helped pioneer the modern personal computing industry.


Why did business grow so much during industrialization?

The more industry there is, the more business there is for the industry, at least that was the case during industrialization. New technology etc. created more business because there was more being bought and invested in.


A recession occurs during the expansion phase of a business cycle?

false


There is very little business activity and high unemployment during an?

recession

Related questions

What man dominated the steel industry during America's industrial era?

Andrew Carnegie-apex


Where was Andrew carnegie during the homestead strike?

Scotland


Who controlled the steel industry?

Andrew Carnegie controlled the steel industry during the Industrial Revolution.


Who was the steel company baron during the Industrial Revolution?

Andrew Carnegie


Who was te leader of the steel industry during the industrial revolution?

Andrew Carnegie


What did Andrew carnegie do to keep his factory running during homestead strike?

He hired strikebreakers


Who was the leader of the steel industry in the us during the late 1800's?

Andrew Carnegie


Who owned a large steel company?

Andrew Carnegie was a prominent industrialist who owned a large steel company, Carnegie Steel Company, which became one of the largest and most profitable steel companies in the world during the late 19th century.


Who managed Andrew Carnegie's steel plant during the contentious Homestead Strike?

Henry Frick


What did Andrew Carnegie and John D. Rockefeller have in common?

Both Andrew Carnegie and John D. Rockefeller were wealthy industrialists who dominated their respective industries (Carnegie in steel, Rockefeller in oil) during the late 19th century. They were both known for their ruthless business tactics and amassed significant fortunes through their business ventures. Additionally, both men were philanthropists and donated large sums of money to various charitable causes and institutions.


Which captain of the industry is most associated with the growth of America's industry during the 19th century?

Andrew Carnegie


Which captain of industry is most associated with the growth of America's steel industry during the 19 century?

Andrew Carnegie.