J. D. Rockefeller was considered both a robber baron and a captain of industry.
he invetned the steel industury -- Actually he was the "main guy" in the oil industry. Carnegie was steel. I would say he is a Robber Baron because he started a monopoly and basically told other oil companies that they would either have to sign a trust (which basically allows him to take over their business and give a small dividend to the trustee) or he would run them out of business. --
he was considered both because he was a monopoly on the oil business but still was a great philanthropist
John W Mackay was the opposite of a Robber Baron. He brought competition to the telegraph industry and reduced the price of telegraphs. He treated his workers fairly. The Robber Barons established cartels and cheated their workers. They ran sweat shops. They kept prices unnecessarily high. They destroyed competition.
He established a monopoly of the oil industry
J. D. Rockefeller was considered both a robber baron and a captain of industry.
he invetned the steel industury -- Actually he was the "main guy" in the oil industry. Carnegie was steel. I would say he is a Robber Baron because he started a monopoly and basically told other oil companies that they would either have to sign a trust (which basically allows him to take over their business and give a small dividend to the trustee) or he would run them out of business. --
he was considered both because he was a monopoly on the oil business but still was a great philanthropist
he was considered both because he was a monopoly on the oil business but still was a great philanthropist
john. d rockerfeller
John W Mackay was the opposite of a Robber Baron. He brought competition to the telegraph industry and reduced the price of telegraphs. He treated his workers fairly. The Robber Barons established cartels and cheated their workers. They ran sweat shops. They kept prices unnecessarily high. They destroyed competition.
John D. Rockefeller Sr. is often viewed as both a robber baron and a captain of industry. As the co-founder of Standard Oil, he was instrumental in revolutionizing the petroleum industry and significantly contributing to the U.S. economy, showcasing his role as a captain of industry. However, his aggressive business practices, including monopolistic tactics and ruthless competition, led many to label him a robber baron. This duality reflects the complex legacy of his impact on American business and society.
He was a monopolist.
He was a monopolist.
He established a monopoly of the oil industry
John D. Rockefeller
Yes, he was a Captain of Industry. He built a great industrial empire and at the same time donated