Preview

How Are Vanderbilt Rockefeller And Carnegie Similar

Good Essays
Open Document
Open Document
610 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How Are Vanderbilt Rockefeller And Carnegie Similar
Vanderbilt, Rockefeller and Carnegie were all very successful businessmen. These men had many similarities. Vanderbilt, Rockefeller and Carnegie are three of the greatest businessmen America has ever known. Each man had a work ethic like no other. Nothing other than success was an option. No matter how big the risk, these three men were willing to take it if somehow it would put them ahead of their competition. None of these men liked competition. They always wanted to be the best at what they did and also the richest. Money was a driving force in these men’s eyes. The more money they made, the more powerful they were. Vanderbilt became best known for his railroad empire. He was a cut throat businessman. As a young boy, Vanderbilt began a passenger ferry system with just one boat in the New York harbor. He then …show more content…
They were on the top and very good businessmen. Money and competition were the driving forces that motivated them. These men were successful and became the wealthiest men in America because of their business tactics. They always wanted to be the best and were willing to take great risks to get there. In the video it shows just how bad these men wanted to be the most powerful in their industry. They would not stop until they were successful in getting what they wanted. Vanderbilt was the most powerful of these three men in my opinion. In the video it shows his true power. He was able to close the Albany Bridge. With the Albany Bridge being closed down, railroads were shut off from NY making it hard for the people to receive their goods. The tittle of this video is very accurate. These three men were some of the most powerful men in America. They helped to shape the United States of America into the country that it is today. Without them who knows where America would be. We might not have had railroads, oil or steel without these men who helped to build America into the country that it is

You May Also Find These Documents Helpful

  • Satisfactory Essays

    John D. Rockefeller has earned a spot in the hall of shame. He became wealthy because of ruthless and dishonorable business tactics which then hurt the nation. Rockefeller became wealthy because, he lowered his prices way down and forced the Pennsylvania Railroad to lower their prices, and he also ran smaller companies out of business and then took them over for his own. After he took over most of the smaller businesses, he raised his own prices back up in order to bring in a bigger profit. Rockefeller’s robber baron side was reflected by this action because, he went behind people’s backs and turned the other way when it came to business partners.…

    • 379 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    2000 Dbq Analysis

    • 972 Words
    • 4 Pages

    Carnegie did believe in survival of the fittest and that the rich was more competent and educated than the poor, middle class but, he also believed in aiding the less fortunate in a non-direct way by “ ...bringing to their service his superior wisdom, experience and ability to administer,...”(Doc 4). In controlling multiple industries he provided the less fortunate with jobs and work experience, bettering them in a non-direct way. John D. Rockefeller on the other hand believed in boosting himself using horizontal integration, monopolizing the smaller businesses, expanding his industry further and further. Rockefeller once had monopolized almost 90% of the oil and oil refining businesses. He lowered his prices to attract a customer base slowly eliminating all of his competitors by either buying them out or forcing them out of business, to then jack up his prices once he owned most of the industry. Because of his monopoly in the oil industry he and the railroad tycoon Vanderbilt were in league together giving “discriminating rates” to outside , small business competitors (Doc 7). In 1890 the Sherman Antitrust Act was passed to…

    • 972 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Cornelius Vanderbilt was well known for how he reached the top from how low he started at. His parents worked real hard to earn money. His dad worked as ferrying cargo and passengers between Staten Island and Manhattan. At the age of 11 Cornelius quit school to work with his dad doing ferrying cargo and passengers between Staten Island and Manhattan. The beginning of his business started off in 1817 when he saw potential in a new technology so he partnered with Thomas Gibbons in a steamship business. While working with Thomas he learned how to manage a large commercial operation and became a quick study in legal matters. Today he would be worth 200 billion federal reserved notes. Even today he is continuing something.…

    • 402 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The industrialists were captains of industry because they Put in time and effort into making the economy stronger and bigger. Captains of industry are considered people who are very high on the social chain. Carnegie & Rockefeller were both considered captains of industry rather than robber barons because they did more good rather than bad. These people benefited society and helped created better or stronger ideas that helped businesses or helped save lives. These industrialists weren’t considered robber barons because they weren’t harming the environment, society and they weren’t robbing people of their innocence and freedom, they were helping people live better lives.…

    • 424 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Andrew Carnegie and John Muir both grew up in Scotland and soon after moved to the United States to seek a better life where resources were more plentiful. Carnegie and Muir both had a similarity for not only business, but invention as well. Carnegie and Muir both clearly had the ability to become successful businessmen and their inventions prompted both of their successes. Both of them always had ranging activities and were raring to learn new things. They both shared similar qualities and were very determined in what they did. Carnegie and Muir had a love and passion for writing. They both wrote short stories, articles, and books. Muir and Carnegie wanted to get their point across. They both became one of the most influential individuals…

    • 472 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Robber Barons Men

    • 169 Words
    • 1 Page

    These 3 men are robber barons because they all treated their men with disrespect. They made them work in harsh conditions, with low pay, and super long hours. They also discouraged unions between the workers and even tried to stop them.This is showing disrespect by them not letting the workers have a break and time to themselves.What they don't realize is no matter how much they get nagged they aren't going to work to their greatest potential because their worn out.Another thing that's cruel is giving them low pay after working all these hours,they may be doing it to save their own money but out of the millions they have they should be giving them a decent amount of money.With them working their workers so hard, it will make them quit then…

    • 169 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    In the 1880’s, American industry grew due to many factors including “the emergence of a talented and often ruthless group of entrepreneurs” (Brinkley 396). According to those in favor of these entrepreneurs, these men worked hard, innovated technology and strategized competitively to transform the American economy; these “Captains of Industry,” such as Andrew Carnegie, Cornelius Vanderbilt, J Pierpoint Morgan and John D. Rockefeller, used their wealth to help their communities and should be honored for their philanthropy. An advocate for these entrepreneurs is John S. Gordon. As a specialist of business and financial history, Gordon claims…

    • 1182 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    I thought that people like Andrew Carnegie, John D. Rockefeller, and J.p Morgan were all robber barons. Because they would employ people and put them in these unsafe, and unsanitary conditions. Also they made education for immigrants coming in difficult because even though they built libraries and hospitals would the immigrants would be illiterate and not be able to pay for hospital bills. Lastly theses men were robber barons because they were using vertical integration and horizontal integration to take over small businesses and to raise prices on railroads.…

    • 667 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    These four men, George Eastman, J.P. Morgan, John Rockefeller, and Andrew Carnegie were all Captains of Industry. They are all considered Captains of Industry because they all donated huge portions of their wealth to society. George Eastman treated his workers with respect and dignity, giving them fair pay, reasonable hours, and the best benefits he could manage, as the writer states. Both the reading and the website show examples of the places he donated to, such as large sums of his money to children's dental clinics, the Eastman school of music, the Tuskegee institute for African American students, and he gave out scholarships and internships to many M.I.T. engineering students. Eastman also signed away $20 million to M.I.T., $2.5 million…

    • 336 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Andrew Carnegie was truly a self made Millionaire. Through hard work and smart investment Carnegie built one of the largest companies of the time and shaped the history of the United States. Carnegie not only amassed his wealth for his own benefit but used it to help others learn and advance themselves. With the help of Carnegie an estimated 2,800 libraries were opened. He was not only a businessman but a good person on top…

    • 481 Words
    • 2 Pages
    Good Essays
  • Good Essays

    These men are Captains of Industry, because they have helped our society by donating lots of their money to different charities and organizations. For Carnegie, he has,“Donated more than $350 million to further public education, build over 2,500 libraries.” (Website) Now that people can get a better education, they can get a better job and then support their family. Plus, poor people can check out books and get a free education, because there are more libraries. That way, they can get a job, support their families, and not be as poor. Carnegie also, “Created the Carnegie Corporation of New York, endowing it with $125 million to support benefactions after his death.” This means that people can now have extra money to be given to organizations…

    • 447 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Captains of Industry

    • 1343 Words
    • 6 Pages

    In the late 1800s and early 1900s, 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.S. economy became the envy of the world, and America became a leading world power. They provided the public with products that were in high demand for reasonable prices, and opened their markets to countries overseas. Although many people believe the early industrialists were Robber Barons who exploited the poor, these great men were truly Captains of Industry who created new ways of doing business, and provided products and services to the public; moreover, they were generous philanthropists who contributed much to society.…

    • 1343 Words
    • 6 Pages
    Better Essays
  • Good Essays

    History Notes

    • 1709 Words
    • 7 Pages

    Cornelius Vanderbilt- United States financier who accumulated great wealth from railroad and shipping businesses (1794-1877)…

    • 1709 Words
    • 7 Pages
    Good Essays
  • Good Essays

    3. As a reporter covering the strike at the Homestead Mill, I would say that Frick and Carnegie are Robber Barons. Although they claim to be Captains of Industry, creating jobs and invigorating the economy, they take and take and take. Carnegie and Frick eliminate all…

    • 646 Words
    • 3 Pages
    Good Essays
  • Good Essays

    More often than not, America’s antebellum capitalists are accused of being the “robber barons” of industrial America. The misconception is that these men took advantage of a naïve and growing economy and reaped its benefits without giving anything in return. True, the majority of America was poor in comparison to the few elites, but the philanthropist efforts and contributions of these men cannot be denied. If not for these men and their efforts, there would have been no one to pave the road to America’s industrial domination.…

    • 475 Words
    • 2 Pages
    Good Essays