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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.
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What did Andrew Carnegie and John D. Rockefeller have in common?
Both Andrew Carnegie and John D. Rockefeller were wealthy industrialists who dominated their respective industries (Carnegie in steel, Rockefeller in oil) during the late 19th century. They were both known for their ruthless business tactics and amassed significant fortunes through their business ventures. Additionally, both men were philanthropists and donated large sums of money to various charitable causes and institutions.
What did the robber barrons believe?
Robber barons believed in amassing great wealth and power through ruthless business practices, monopolies, and exploitation of workers and resources. They often prioritized profits over ethical considerations and social responsibility.
Which is the BEST example of a Robber baron using his wealth in a philanthropic manner?
Andrew Carnegie is often regarded as the best example of a Robber Baron who used his wealth in a philanthropic manner. He funded the construction of libraries, universities, and other public institutions through his charitable contributions, leaving a lasting impact on society.
Do yuh think Rockefeller deserved to be called a robber baron?
Yes because he able to reach at any moment it's remotest point, to control even it's weakest factory. The five and half million barrels of crude oil produced that year, the world used five million, over three and half which went to foreign lands. Rockefeller, he able to direct the course of any particular gallon of oil from the moment it gushed from the earth until it went in the lamp of a housewife. Hope you like my answer (:
Was black Bart a role model?
Black Bart, also known as Charles Boles, was a notorious stagecoach robber in the American Old West. While some may view his cunning and evasion of law enforcement as impressive, he engaged in criminal activities that harmed others, making him not a role model.
Who was the robber barons in the late 1800s?
Rockefeller, Carnegie, Vanderbilt
19th century industrialists like Andrew Carnegie and John D. Rockefeller were called what?
Robber Barons
Why were Rockefeller and carnegie robber barons?
caused they got many jobs
Critics of powerful industrialists referred to them as?
Robber barons
Why were Rockefeller and Carnegie called robber barons?
caused they got many jobs
Who were considered captains of industry or robber barons?
Andrew Carnegie, John D. Rockefeller, J.P. Morgan, Cornelius Vanderbilt, Leland Stanford
What did Andrew Carnegie and John D. Rockefeller have in common?
Both Andrew Carnegie and John D. Rockefeller were wealthy industrialists who dominated their respective industries (Carnegie in steel, Rockefeller in oil) during the late 19th century. They were both known for their ruthless business tactics and amassed significant fortunes through their business ventures. Additionally, both men were philanthropists and donated large sums of money to various charitable causes and institutions.
Why were john d Rockefeller Andrew carnegie and john p Morgan called robber barons?
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.
What separated Andrew carnegie from other robber barons?
One of the things that set Andrew Carnegie apart from the other "robber barons" was the fact that Carnegie came from a poor background. Carnegie started his work as a messenger boy for a telegraph office.
WhY were Rockefeller and Carnegie known as robber barons?
Rockefeller and Carnegie were known as robber barons because they amassed immense wealth and power through aggressive and often unethical business practices during the Gilded Age. They engaged in monopolistic tactics, such as price-fixing and undercutting competitors, to dominate their respective industries—oil for Rockefeller and steel for Carnegie. Their practices often exploited workers and stifled competition, leading to widespread criticism and the perception that they prioritized profit over social responsibility. This term reflects the public's view of their wealth acquisition as exploitative rather than entrepreneurial.
Why are Rockefeller and Carnegie known as robber barons?
John D. Rockefeller and Andrew Carnegie are often labeled as "robber barons" because they amassed vast fortunes in the late 19th century through aggressive and often unethical business practices. Rockefeller dominated the oil industry with Standard Oil, using tactics like price-cutting and secret deals to eliminate competition. Carnegie, in the steel industry, employed similar strategies and was known for harsh labor practices, including the infamous Homestead Strike. Their immense wealth and influence raised concerns about monopolistic practices and the exploitation of workers, leading to the "robber baron" label.
One reason John D Rockefeller Andrew Carnegie and J Pierpont Morgan were sometimes called robber barons was because the?
used ruthless buiness tactics against their competitors
