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Was Andrew Carnegie a robber baron or a caption of industry?
He was a captain of industry
How did Andrew Carnegie make most of his money and what was a robber baron?
Andrew Carnegie made most of his money through the steel industry, founding Carnegie Steel Company, which became one of the largest and most profitable steel manufacturers in the United States during the late 19th century. He utilized innovative production techniques and vertical integration to reduce costs and increase efficiency. The term "robber baron" refers to wealthy and powerful industrialists of that era, often criticized for their exploitative practices, monopolistic tactics, and influence over politics, suggesting that they amassed their fortunes at the expense of workers and fair competition.
Why are Rockefeller and Carnegie known as robber barons?
John D. Rockefeller and Andrew Carnegie are often labeled as "robber barons" because they amassed vast fortunes in the late 19th century through aggressive and often unethical business practices. Rockefeller dominated the oil industry with Standard Oil, using tactics like price-cutting and secret deals to eliminate competition. Carnegie, in the steel industry, employed similar strategies and was known for harsh labor practices, including the infamous Homestead Strike. Their immense wealth and influence raised concerns about monopolistic practices and the exploitation of workers, leading to the "robber baron" label.
Is Andrew carnegie a robber baron or captain of the industry?
He is both depending how you look at it. He is a robber baron in the sense that he made a lot of money, created a monopoly, bought all the steel companies, and bought all the iron companies and paid his workers very little. But on the other hand he is a captain of the industry because he thought of something so revolutionary and something that changed the world and how things work forever and was a great innovator. He also gave back a lot by making Carnegie Hall in NYC and making many colleges, one being in Pittsburgh Pennsylvania. That is ironic since it's the steel city.
Was William randolph a robber baron or captain of industry?
yes
Was Andrew Carnegie a robber baron or a caption of industry?
He was a captain of industry
Was Andrew Carnegie a Captain of Industry or a Robber Baron?
robber barron. he stole money from people's houses and out of there pockets
Did andrew carnegie support the idea of socialism?
Absolutely not. Carnegie was a prototypical capitalist "robber baron" who ruthlessly exploited his workers.
What robber baron was born the son of poor immigrants and became one of the richest people in the world?
Andrew Carnegie
What robber baron was born the son of poor immigrants and became one of the richest people in the world by creating a steel monopoly?
Andrew Carnegie was the millionaire tycoon who made his riches in the steel industry.
Why was Andrew Mellon a robber baron?
sure
What did other people think of Andrew Canegie?
people think that Andrew carnegie is a robber baron because he got immigrant from Europe and he paid them low money and he was the 2 richest man in the world
Is Andrew Carnegie a robber baron or a hero?
Andrew Carnegie was seen as both. A hero for his outstanding Philanthropic resume. He gave a lot to make public libraries, churches, schools, and often some lakes for people to kayak. Named after him. A Robber Baron for his misuse of workers. He paid his workers very little for a lot of work that they did. He even shut down a whole town because they wanted the right pay.
What Robber Barons died on Titanic?
Andrew Carnegie, who did not sail Titanic could be considered a robber baron (even tho he gave away 90% of his fortune), donated $5,000 to needy survivors of the sinking of Titanic,
What is Andrew Carnegie's full name?
He didn't have middle name, if you still want the answer then Mr. Andrew Carnegie
Was Andrew carnegie a robber barom?
Andrew Carnegie is often associated with the term "robber baron" due to his aggressive business practices that included undercutting competitors and exploiting workers. While he was one of the richest men in history, his philanthropic efforts in later life, such as funding libraries and education, have cast his legacy in a more positive light.
Who is an example of a robber baron?
Jay Gould is an example of robber baron because he was a business leader who became wealthy through dishonest methods. Others are Rockefeller and Carnegie.
