Who is Andrew Carnegie Apush?
Andrew Carnegie – APUSH. A Scottish-American industrialist who led the expansion of teh American steel industry. His article “The Gospel of Wealth” called for the rich to use their wealth to improve society and it started a wave of philanthropy.
How did Andrew Carnegie treat his workers quizlet?
How did Andrew Carnegie treat his workers? Andrew Carnegie maximized profits by paying his workers as little as possible.
Who was Adam Smith Apush?
Adam Smith. the Scottish “Father of Modern Economics,” that frontally attacked mercantilism in 1776. He influenced the founding fathers of the United States, and convinced the advocate of free trade.
Who was John D Rockefeller Apush?
Rockefeller was a man who started from meager beginnings and eventually created an oil empire. In Ohio in 1870 he organized the Standard Oil Company. By 1877 he controlled 95% of all of the refineries in the United States.
Why is Carnegie important?
Andrew Carnegie (1835-1919) was one of the most successful businessmen and most recognized philanthropists in history. His entrepreneurial ventures in America’s steel industry earned him millions and he, in turn, made great contributions to social causes such as public libraries, education and international peace.
What was the main point of Andrew Carnegie’s Gospel of Wealth?
In “The Gospel of Wealth,” Carnegie argued that extremely wealthy Americans like himself had a responsibility to spend their money in order to benefit the greater good. In other words, the richest Americans should actively engage in philanthropy and charity in order to close the widening gap between rich and poor.
How did Carnegie contribute to US industrialization?
His steel empire produced the raw materials that built the physical infrastructure of the United States. He was a catalyst in America’s participation in the Industrial Revolution, as he produced the steel to make machinery and transportation possible throughout the nation.
Who was Andrew Carnegie and what did he do quizlet?
Scottish-American industrialist, businessman who led the enormous expansion of the American steel industry. He was also one of the most important philanthropists of his era.
Who was Henry Ford Apush?
1863-1947. American businessman, founder of Ford Motor Company, father of modern assembly lines, and inventor credited with 161 patents., The pioneer in the manufacturing of affordable automobiles with his Model T, which was built using assembly line methods.
Why is John D Rockefeller important Apush?
Rockefeller was an oil industrialist, investor, and just like Andrew Carnegie, a philanthropist. Founding the Standard Oil company, he dominated the petroleum industry and formed the first great U.S. business trust.
Who is Cornelius Vanderbilt Apush?
Cornelius Vanderbilt An American entrepreneur who made his wealth in shipping and railroads. Although he never received much formal schooling, he grew to control most of the ferry traffic in the New York waters. However in 1818, he sold his fleet to go work with Thomas Gibbons on a steamship line.
What is Andrew Carnegie known for?
One of the captains of industry of 19th century America, Andrew Carnegie helped build the formidable American steel industry, a process that turned a poor young man into the richest man in the world. Carnegie was born in Dunfermline, Scotland, in 1835.
How did Carnegie changed America?
What is Carnegie’s vision of an ideal state?
Under its sway we shall have an ideal state, in which the surplus wealth of the few will become, in the best sense the property of the many, because administered for the common good, and this wealth, passing through the hands of the few, can be made a much more potent force for the elevation of our race than if it had …
How does Carnegie view inequality?
Carnegie, who immigrated to the United States from Scotland at age 12, had a more modest upbringing than Sumner. This certainly influenced his viewpoints on wealth and the class system in America. In addition, Carnegie believed that inequality was an inevitable byproduct of social evolution beyond human control.
What was Andrew Carnegie known for?
Why is Carnegie important to American history?
Andrew Carnegie, (born November 25, 1835, Dunfermline, Fife, Scotland—died August 11, 1919, Lenox, Massachusetts, U.S.), Scottish-born American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He was also one of the most important philanthropists of his era.
What was the significance of Andrew Carnegie quizlet?
Why is Andrew Carnegie important? He was one of the “Captains of Industry” who led America into a new industrial era during the late nineteenth century. His speciality was steel; others pioneered in transportation, oil, and communication.