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What impact did Andrew Carnegie and john D Rockefeller have on the American economy in the last half of 1800s?
They established and dominated the new steel and oil industries.
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What impact did Andrew Carnegie and John D. Rockefeller have on the American economy in the last half of the 1800s?
They established and dominated the new steel and oil industries.
How does Carnegie and Rockefeller differ?
Andrew Carnegie was big in steel, and John D. Rockefeller made his mark in oil.
What titans of industry played a major role in holding the economic system together with his banking and business practices?
People like Andrew Carnegie and John D. Rockefeller were titans of industry who held the American economy together. Their business practices made them incredibly wealthy and created an unhealthy economic structure, but they funnelled money into the American economy that kept it running.
What did Morgan buy from Carnegie and Rockefeller?
J.P. Morgan, a prominent banker and financier, bought various assets and companies from Andrew Carnegie and John D. Rockefeller to consolidate and strengthen his business interests. Notably, he acquired Carnegie Steel in 1901, which became the foundation of U.S. Steel, the first billion-dollar corporation in the world. Additionally, through various investments and partnerships, Morgan played a significant role in financing and reorganizing industries associated with Rockefeller's Standard Oil, further solidifying his influence in the American economy.
Businessmen such as John D Rockefeller Andrew Carnegie and JP Morgan were often called?
philanthropists and industrialists
What impact did Andrew Carnegie and john d Rockefeller have on the American economy in the half of the 1800s?
They established and dominated the new steel and oil industries.
What impact did Andrew Carnegie and John D Rockefeller have on the American economy in the last half of the 1800s?
They established and dominated the new steel and oil industries.
What impact did Andrew Carnegie and John D. Rockefeller have on the American economy in the last half of the 1800s?
They established and dominated the new steel and oil industries.
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.
What is Andrew Carnegie and John D Rockefeller's nickname?
Andrew Carnegie and John D. Rockefeller can be referred to as "Rober Barons."
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.
How does Carnegie and Rockefeller differ?
Andrew Carnegie was big in steel, and John D. Rockefeller made his mark in oil.
Why was Andrew Carnegie john and Rockefeller famous?
cause they were
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.
Who were the captains of industry?
John D. Rockefeller, Andrew Carnegie, Cornelius Vanderbilt, Henry Ford.
What titans of industry played a major role in holding the economic system together with his banking and business practices?
People like Andrew Carnegie and John D. Rockefeller were titans of industry who held the American economy together. Their business practices made them incredibly wealthy and created an unhealthy economic structure, but they funnelled money into the American economy that kept it running.
Why do you describe Andrew Carnegie and John D Rockefeller as captains of the industry?
Andrew Carnegie and John D. Rockefeller are described as "captains of industry" due to their significant contributions to the American economy during the late 19th and early 20th centuries. Carnegie revolutionized steel production, leading to mass industrialization and infrastructure development, while Rockefeller transformed the oil industry through innovative practices and economies of scale. Both men exemplified entrepreneurial spirit and played crucial roles in shaping their respective industries, ultimately influencing the growth of the U.S. economy. Their philanthropic efforts further solidified their legacies as transformational figures in American history.
