Research requirements. You have been asked to construct your own interpretations of one major big business leaders in late 19 th century America and come to your own conclusion concerning whether history should view these men as Captains of Industry or Robber Barons. The men you will choose from will be:. John D. Rockefeller Oil. Andre Carnegie Steel.
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A captain of industry is defined as a business leader that benefits the nation in a positive way. This includes increasing the availability of goods, creating more and new jobs, and donating money to benefit the well being of the people. Andrew Carnegie was born in Dunfermline, Scotland in His father, Will, was a failing weaver. Leaving Scotland poor, his mother wanted to return in a carriage as a wealthy well-respected woman of importance.
This class is composed of men such as Andrew Carnegie, John D. Rockefeller, and JP Morgan. These men owned the industries that boomed the economy, from Carnegie owning steel to JP Morgan owning the banks, these men knew that the country was in a great time of prosperity. Their ideology was that of social Darwinism, the reason for them to reach the pentacle of success was because they were the fittest. This ideology was in direct contrast to that of the working class of the nation, who believed that too much money and power in the hands of a select few was dangerous.
In the late s and early s, during the climax of the American Industrial Revolution, there was a small group of men who owned the major businesses and were leaders of their industries. They owned factories, railroads, banks, and even created company towns for the sole purpose of housing their workers. Due to the efforts of these few men, the U.