answersLogoWhite

0

An increase in the Standard of living

User Avatar

Wiki User

7y ago

What else can I help you with?

Related Questions

What characteristic of the gilded age does Andrew Carnegie allude in the gospel of wealth?

Andrew Carnegie alludes to the extreme wealth inequality of the Gilded Age in "The Gospel of Wealth." He argues that the wealthy have a moral obligation to use their wealth to benefit society, suggesting that they should engage in philanthropy to address social issues and improve the welfare of the less fortunate.


Was a period of economic development and wealth transfer in the US when every American was a potential Andrew Carnegie?

Gilded Age


Who were some industrialists in the Gilded Age?

alexander graham bell,george eastman,henry ford,thomas edison,vanderbilt,xerox,wright brothers,andrew carnegie


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 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.


What social class was Andrew carnegie from?

He began his life in the lower-middle class, and when he and his family came here as immigrants from Scotland, they did not have wealth or prestige at all. But thanks to Carnegie's willingness to work hard and his skill in the business world, he became a wealthy man and a member of the upper class.


Who said Mr Carnegie I want to congratulate you for being the richest man in the world?

The phrase "Mr. Carnegie, I want to congratulate you for being the richest man in the world" was famously said by William Jennings Bryan, a prominent American orator and politician. This comment highlights Andrew Carnegie's immense wealth during the Gilded Age, a period characterized by rapid industrialization and economic growth in the United States. Bryan's remark underscores the significance of Carnegie's achievements in business and philanthropy.


How did Andrew Carnegie and respond to the homestead strike effect public opinion about him?

Andrew Carnegie's response to the Homestead Strike of 1892, particularly his distance from the violent confrontation, aimed to portray him as a champion of peace and progress. However, his decision to support the use of armed guards and the subsequent violent suppression of the strike damaged his reputation. Public opinion shifted, with many viewing him as a ruthless industrialist prioritizing profit over worker rights. Ultimately, this incident highlighted the tension between labor and capital during the Gilded Age, casting a shadow over Carnegie's philanthropic image.


What did Andrew carnegie do that waas bad?

Andrew Carnegie, while known for his philanthropic efforts and contributions to industry, also faced criticism for his business practices. He implemented harsh labor conditions in his steel mills, which included long hours, low wages, and unsafe environments. The most notorious incident was the Homestead Strike of 1892, where he used armed security to suppress workers' protests, resulting in violence and deaths. This event highlighted the stark divide between industrialists and laborers during the Gilded Age.


Which company was a monopoly during the Gilded Age?

The oil, and steel companies, were majorly monopolized during the gilded age, and n doing so created the sherman antitrust act.


Why were the gilded age presidents forgettable?

The Presidents during the gilded age are referred to as "forgettable" because America was going through its Industrial Revolution at that time, and the powerful business leaders at the time (Andrew Carnegie, John Rockefeller, J.P. Morgan, etc) dominated the nation rather than the government. Additionally, there was much corruption going on throughout America, and the forgettable Presidents did not do a successful job of properly eliminating this corruption. Thus, they are deemed forgettable.


Why were men like Andrew carnegie and john Rockefeller called robber barons?

Andrew Carnegie and John D. Rockefeller were labeled "robber barons" due to their ruthless business practices and monopolistic control over their respective industries—steel and oil. They often used exploitative tactics, such as undercutting competitors, manipulating labor conditions, and engaging in unethical dealings to amass vast fortunes. This term reflects the perception that they prioritized personal wealth over fair competition and the welfare of workers, leading to significant economic disparity during the Gilded Age.