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Andrew Carnegie was a prominent industrialist and philanthropist known for his role in the steel industry during the late 19th century. He advocated for business practices that promoted efficiency and innovation, emphasizing the importance of competition and the "Gospel of Wealth," which argued that the wealthy had a moral obligation to use their fortunes for the greater good. However, his approach also faced criticism for labor practices, particularly during events like the Homestead Strike, highlighting the tension between profit motives and ethical treatment of workers. Ultimately, Carnegie's legacy in business ethics reflects both his commitment to philanthropy and the complexities of industrial capitalism.
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What was Andrew Carnegie's monopoly?
Andrew Carnegie's Monopoly is the extreme case in capitalism.
How did Andrew carnegie his fortune?
He had many business interests, but mainly steel.
Which of these words best describes Andrew Carnegie's approach to his business holdings?
prudence
How did Andrew Carnegie amass his fortune?
He had many business interests, but mainly steel.
Did Andrew Carnegie bribe?
Possibly, but that would have been a common business practice.
What business did Andrew Carnegie dominte?
The one business that Andrew Carnegie was known for dominating was the steel manufacturing business.
Who dominated the steel industry in the late 1800 and early 1900?
Andrew Carnegie. John D. Rockefeller had created a monopoly with his oil business, too.
In what business was Andrew Carnegie able to make his millions?
Andrew Carnegie gave 80% of his money away to education. Carnegie thought that education was very important.
What does Andrew Carnegie mean when he says I would get out of it in a conversation with his friend Frank Doubleday?
Andrew Carnegie used a conversation with Frank Doubleday to show how ruthless and unstoppable Carnegie was in business. When Carnegie asked how much Doubleday made in his business and was told \"very little\" Carnegie responded that he would get out of that business.
What year did Andrew carnegie start his business?
1876
What has the author Andrew Crane written?
Andrew Crane has written: 'New directions in business ethics' -- subject(s): Business ethics
What business did Andrew carnege control?
Andrew Carnegie had a monopoly in the steel industries.
What was Andrew Carnegie's monopoly?
Andrew Carnegie's Monopoly is the extreme case in capitalism.
What businesses did Andrew Carnegie own?
His business was the steel industry.
What type of business did Andrew Carnegie start?
U.S. Steel
Did Andrew Carnegie follow the law?
Andrew Carnegie built a huge fortune through various means, plus he had strong opinions about social order and the responsibilities of being rich. According to most accounts, he followed the law and was not arrested or charged with any crimes.
How did Andrew carnegie his fortune?
He had many business interests, but mainly steel.
