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Who exposed Rockefeller's Standard Oil Company's unethical practices that allowed it to become a monopoly?
Lincoln Steffens was known for exposing corruption in city government. Ida Tarbell was the person that exposed Rockefeller Standard Oil.
How did John D Rockefeller run his business?
John D Rockefeller is primarily known for running the Standard Oil company. He grew the business through horizontal integration, where Standard Oil eventually controlled nearly all of oil refining and marketing in the country.
What was Ida tarbell's problem?
Ida Tarbell was best known for investigating and exposing the shady business practices of John D. Rockefeller and his Standard Oil Company, eventually leading to the breakup of his petroleum conglomerate Ida Tarbell was best known for investigating and exposing the shady business practices of John D. Rockefeller and his Standard Oil Company, eventually leading to the breakup of his petroleum conglomerate
What did Carnegie do?
Andrew Carnegie was a philanthropist and the creator of a steel company. He was born in Europe in 1835 and traveled to the United States at the age of thirteen, starting with small jobs. He moved his way to becoming a very well known entrepreneur and began making his empire. He is seen in a negative light because of the 'Homestead Strike' where his workers at his Homestead plant stood up against the low wages and bad conditions, and he didn't let them back in for at least 6 months. In 1899, his company was bought by J.P. Morgan which turned into the US Steel Company. For the last 21 years of his life, he gave all his earnings away to set up libraries and universities across the world, mainly in the United States.
What is the microcomputer generally known as?
The microcomputer is generally known as a PC.
What is Andrew Carnegie and John D Rockefeller's nickname?
Andrew Carnegie was known as the "Steel King" and John D. Rockefeller was known as the "Oil King."
What were Robber Barons?
Robber Barons were wealthy businessmen who were known to use harsh practices to gain their wealth. They often used child or cheap labor, did not adhere to safety regulations and worked their employees long hours in order to keep production high.
How can you compare Andrew carnegie to john d rockefeeler?
Both Andrew Carnegie and John D. Rockefeller were titans of industry during the Gilded Age in the late 19th century, known for their immense wealth and influence. Both men made their fortunes in different industries - Carnegie in steel and Rockefeller in oil. Carnegie was a proponent of philanthropy and funded the establishment of public libraries, while Rockefeller focused on creating a systematic approach to his philanthropy through the Rockefeller Foundation.
During the gilded age people who gained their wealth by stealing from the poor were known as?
During the Gilded Age, people who gained their wealth by stealing from the poor were known as "robber barons." These were individuals who amassed great fortunes through unethical business practices such as exploitation of workers and monopolistic control of industries.
Who were Andrew Carnegie and john d Rockefeller?
Andrew Carnegie was a Scottish-American industrialist who led the expansion of the American steel industry in the late 19th century. John D. Rockefeller was an American business magnate who founded the Standard Oil Company in 1870 and revolutionized the petroleum industry. Both Carnegie and Rockefeller were among the wealthiest individuals in their time and known for their philanthropic efforts.
Who was known for creating trust and was criticized as a robber baron while serving as head of the standard oil company?
John D. Rockefeller
Which robber baron is best known for consolidating Carnegie Steel and the National Steel Company into U.S. Steel in 1901?
J.P Morgan
What are you tycoons of the 19th century best described as?
Tycoons of the late 19th century are best described as as effective captains of industry
How was Frank Woolworth a robber baron?
Woolworth began the highly successful merchandise F.W. Woolworth Company in 1879. People of similar professions, status, and success, became known as "robber barons" during the late 19th century.
Who was known as the first robber baron?
John D. Rockefeller was. Him and his oil company. He reaped large profits from his employees instead of dishing the money out equally. He was a greedy guy.
Andrew Carnegie-best known for what?
Andrew Carnegie is best known for his work in the steel industry, where he revolutionized steel production through vertical integration. He became one of the richest men in the world and later dedicated much of his wealth to philanthropic endeavors, particularly in the areas of education and libraries.
How were political like boss tweed similar to industrial moguls like Andrew carnegie and john D Rockefeller?
Both Boss Tweed and industrial moguls like Carnegie and Rockefeller held significant power and influence in their respective fields during the late 19th century in the United States. They amassed wealth and used their influence to control politics and business operations. Additionally, they were known for their monopolistic practices and strategies to expand their wealth and power.
