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Karl Marx believed that the industrial revolution led to exploitation of workers by capitalists, resulting in inequality and class struggle. Andrew Carnegie, on the other hand, believed in the benefits of industrialization for society and argued that it brought prosperity and opportunities for all.

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What are good questions to ask about Andrew Carnegie?

What impact did Andrew Carnegie have on the American steel industry? How did Andrew Carnegie's philanthropy efforts shape society? What role did Andrew Carnegie play in labor relations and the formation of unions? How did Andrew Carnegie's rise from poverty to wealth influence his views on wealth distribution and giving back to society?


What were Andrew Carnegie's views toward slavery?

Andrew Carnegie was opposed to slavery and believed it was immoral and unjust. He believed in the principles of freedom and equality for all individuals. Carnegie was a supporter of the abolitionist movement and took a stance against the institution of slavery.


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 are Andrew Carnegie and John D Rockefeller similar?

Andrew Carnegie and John D. Rockefeller were both very rich men and, if they were alive today,they would be the two richest men in the entire world. They both owned major companies that monopolized their respective industries and crushed all competition. They were both philanthropists. They both used railroads to keep their prices low.


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.

Related Questions

How was Karl Marx and Andrew Carnegie differ in their opinions of the industrial revolution?

Karl Marx believed that the industrial revolution created a divided society of exploited workers and wealthy capitalists, leading to class struggle and the need for a socialist revolution. Andrew Carnegie, on the other hand, viewed the industrial revolution as a driver of economic progress and innovation, leading to wealth creation and overall societal improvement through philanthropy.


How did Karl Marx and Andrew Carnegie differ in their opinions of the Industrial Revolution?

Carnegie believed that industrialization benefited entire societies, while Marx believed that it only benefited a small number of people.


Who was the steel company baron during the Industrial Revolution?

Andrew Carnegie


Who controlled the steel industry?

Andrew Carnegie controlled the steel industry during the Industrial Revolution.


Who was te leader of the steel industry during the industrial revolution?

Andrew Carnegie


What event caused the changes described from Andrew Carnegie's wealth?

Industrial Revolution. -Apex


What man dominated the steel industry during America's industrial era?

Andrew Carnegie-apex


What is a monopoly in industrial revolution?

When someone owns a whole industry, like the steel company Andrew carnegie was the only one to be disributing steel.


Who worked as a bobbin boy in a textile mill that is an industrial giant?

Andrew Carnegie


How did Andrew Carnegie's response to the homestead affect public opinions about him?

He lost standing because of his harsh behavior (A)


How did Andrew Carnegie's response to the homestead strike public opinions about him?

He lost standing because of his harsh behavior (A)


What were Andrew carnegie's parents names?

Andrew Carnegie's father was William Carnegie. His mother was Margaret Morrison Carnegie.