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Rockefeller, Carnegie, Vanderbilt
Robber Barons
caused they got many jobs
Robber Barons is was what U.S. political and economic commentator Matthew Josephson called the economic princes (billionaires).
Business leaders such as John D. Rockefeller were called 'robber barons because he made huge profits by paying his workers low wages.
Andrew Carnegie and John D. Rockefeller can be referred to as "Rober Barons."
caused they got many jobs
This perception took power away from tycoons such as Rockefeller, and businesses lost a lot of money.
Carnegie and Rockefeller were considered robber barons for their ruthless business practices that led to monopolies in the steel and oil industries, respectively. However, later in life, they became known as philanthropists for their extensive charitable giving, establishing foundations that funded education, public health, and scientific research.
Andrew Carnegie, John D. Rockefeller, J.P. Morgan, Cornelius Vanderbilt, Leland Stanford
They were the richest men of their time and they controlled the oil, railroad, and banking of the nation. They lived like kings and paid their workers as little as they could. Carnegie came from Scotland with nothing, but through ruthless means he worked to become the richest. Rockefeller and Morgan were also ruthless in their dealings. This made them Robber barons stealing from the poor to make themselves richer. We have robber barons too with the 1% richest today.
No one "invented " robber barons because it was a term used to describe people like Rockefeller. They were the riches men and lived like kings.