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Americans who viewed Andrew Carnegie and John D. Rockefeller as captains of industry typically admired their entrepreneurial spirit, innovation, and significant contributions to the American economy. These individuals often appreciated their ability to create vast wealth and job opportunities, seeing them as symbols of the "American Dream." Additionally, those who valued philanthropy might have admired their charitable efforts, as both men donated substantial portions of their fortunes to education and public causes. Overall, their supporters often emphasized the positive impact of their business practices on society and industry.

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What were Andrew carnegie cornelius vanderbilt and john d Rockefeller involved in?

Andrew Carnegie, Cornelius Vanderbilt, and John D. Rockefeller were prominent American industrialists during the late 19th and early 20th centuries. Carnegie was a key figure in the steel industry, founding Carnegie Steel Company and revolutionizing steel production. Vanderbilt was a leading figure in the railroad and shipping industries, known for consolidating and expanding the railroad network in the United States. Rockefeller, founder of Standard Oil, dominated the oil industry and is often associated with the rise of monopolies and corporate power in America.


Why are John D. Rockefeller and Andrew Carnegie important figures in U.S. history?

John D. Rockefeller and Andrew Carnegie are pivotal figures in U.S. history due to their immense contributions to the industrialization of the nation in the late 19th century. Rockefeller revolutionized the oil industry and established the Standard Oil Company, which became a model for monopolistic practices. Meanwhile, Carnegie led the expansion of the steel industry through his company, Carnegie Steel, significantly impacting infrastructure and economic growth. Their philanthropic endeavors also laid the groundwork for modern charitable giving, influencing future generations of wealth distribution.


How did Americans build fortunes in the oil and steel industries?

Andrew Carnegie in steel and John D. Rockefeller in oil industry built fortunes by buying the competition, thus creating monopolies that could charge prices much higher than costs and earn large profits.


What percent did Rockefeller control of the oil industry?

95%


Who brought the steel industry to America What Year?

The steel industry in America was significantly developed by Andrew Carnegie, who founded the Carnegie Steel Company in 1892. Carnegie's efforts, along with the introduction of the Bessemer process for steel production, revolutionized the industry and made steel more affordable and accessible. By the late 19th century, he had become a leading figure in the American steel industry, contributing to its growth and expansion.

Related Questions

How did carnegie and Rockefeller each become industry leaders?

carnegie and Rockefeller became industry leaders because of there number of industries of sugar,whiskey,and cotton


How are the Carnegie's and Rockefeller's alike?

They were both Captains of Industry during the Industrial Boom in America. Carnegie made steel Rockefeller made oil


Who were the captains of industry?

John D. Rockefeller, Andrew Carnegie, Cornelius Vanderbilt, Henry Ford.


Who were considered captains of industry or robber barons?

Andrew Carnegie, John D. Rockefeller, J.P. Morgan, Cornelius Vanderbilt, Leland Stanford


How were Rockefeller's methods for building standard oil different from Carnegie's in building his steel company?

because Carnegie, unlike Rockefeller tried to beat his competition in the steel industry by making the best and cheapest product


Who was Andrew Carnegie's biggest rival?

Andrew Carnegie's biggest rival was John D. Rockefeller, who was a prominent American businessman and one of the wealthiest individuals in history. Both Carnegie and Rockefeller were tycoons in the late 19th and early 20th centuries, with Carnegie dominating the steel industry and Rockefeller controlling the oil industry.


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.


How can you compare Andrew carnegie to john d rockefeeler?

Both Andrew Carnegie and John D. Rockefeller were titans of industry during the Gilded Age in the late 19th century, known for their immense wealth and influence. Both men made their fortunes in different industries - Carnegie in steel and Rockefeller in oil. Carnegie was a proponent of philanthropy and funded the establishment of public libraries, while Rockefeller focused on creating a systematic approach to his philanthropy through the Rockefeller Foundation.


Who were Andrew Carnegie and john d Rockefeller?

Andrew Carnegie was a Scottish-American industrialist who led the expansion of the American steel industry in the late 19th century. John D. Rockefeller was an American business magnate who founded the Standard Oil Company in 1870 and revolutionized the petroleum industry. Both Carnegie and Rockefeller were among the wealthiest individuals in their time and known for their philanthropic efforts.


How would Carnegie and Rockefeller justify calling themselves Captain of Industry?

by dominating the market, becoming the richest founders of all time.


What were Andrew carnegie cornelius vanderbilt and john d Rockefeller involved in?

Andrew Carnegie, Cornelius Vanderbilt, and John D. Rockefeller were prominent American industrialists during the late 19th and early 20th centuries. Carnegie was a key figure in the steel industry, founding Carnegie Steel Company and revolutionizing steel production. Vanderbilt was a leading figure in the railroad and shipping industries, known for consolidating and expanding the railroad network in the United States. Rockefeller, founder of Standard Oil, dominated the oil industry and is often associated with the rise of monopolies and corporate power in America.


What robber baron was born the son of poor immigrants and became one of the richest people in the world by creating a steel monopoly?

Andrew Carnegie was the millionaire tycoon who made his riches in the steel industry.