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John D. Rockefeller and Andrew Carnegie were both titans of American industry, but they had different business approaches and philosophies. Rockefeller focused on creating a monopoly in the oil industry through horizontal integration, controlling every aspect of production and distribution. In contrast, Carnegie emphasized vertical integration in the steel industry, aiming to control all stages from raw materials to manufacturing. Additionally, while both were philanthropists, Rockefeller's giving was more focused on large-scale foundations and healthcare, while Carnegie advocated for libraries and educational institutions.
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Why were Rockefeller and carnegie so successful?
because rockefeller started the standard oil company and carnegie started the carnegie steel company.
How were Rockefeller's methods for building standard oil different from Carnegie's in building his steel company?
because Carnegie, unlike Rockefeller tried to beat his competition in the steel industry by making the best and cheapest product
How does Carnegie and Rockefeller differ?
Andrew Carnegie was big in steel, and John D. Rockefeller made his mark in oil.
Who gave away more money carnegie or Rockefeller?
Carnegie!
What is Andrew Carnegie and John D Rockefeller's nickname?
Andrew Carnegie and John D. Rockefeller can be referred to as "Rober Barons."
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.
Was John D Rockefeller richer than Andrew Carnegie?
Yes. Rockefeller's net worth was $329.9 billion. Carnegie's net worth was $309.2 billion. Figures reflect 2007 inflation.
How are the Carnegie's and Rockefeller's alike?
They were both Captains of Industry during the Industrial Boom in America. Carnegie made steel Rockefeller made oil
How did carnegie and Rockefeller each become industry leaders?
carnegie and Rockefeller became industry leaders because of there number of industries of sugar,whiskey,and cotton
Similarities and differences between john d Rockefeller and Andrew carnegie?
Similarities between John D. Rockefeller and Andrew Carnegie include their immense wealth and success in the business world, both being leading figures in the Gilded Age of American industrialization. Differences include their primary industries: Rockefeller was in oil with his Standard Oil Company, while Carnegie was in steel with Carnegie Steel Company. Additionally, Carnegie was known for his philanthropy, while Rockefeller faced more criticism for his business practices.
Why was Andrew Carnegie john and Rockefeller famous?
cause they were
Who were the captains of industry?
John D. Rockefeller, Andrew Carnegie, Cornelius Vanderbilt, Henry Ford.
