Thursday, January 9, 2014

Captain Of Industry

During the Second Industrial Revolution, advances in technology helped many another(prenominal) miserable letteres grow. some(prenominal) companies grew to be so large that they began to loom industries. Men much(prenominal) as Andrew Carnegie, keister D. Rockefeller and Leland Stanford helped make the States the worlds greatest surface area in industrial power and were considered originals of diligence. A Captain of Industry is defined as a business leader that benefits the republic in some way. Andrew Carnegie was a Captain of Industry because he started out as an immigrant and worked his way up to the top with his abilities. He helped build the American steel attention which succeeded largely by means of vertical integration, or the ownership of businesses convoluted in each step of a manufacturing process. Later in tone, he interchange his bon ton and gave his fortune away to many public organizations, as well as created many libraries. John D. Rockefeller wa s also a very successful businessman. He was the directive force bum the development of the Standard Oil Company, which grew to dominate the oil industry. His company developed horizontal integration, or the owning on the whole businesses in a certain field. He helped guide America into periods of economic prosper and stability.
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Rockefeller gave over $500 million in service of medical research, universities and churches. Leland Stanford was the president of the Central pacific and southerly Pacific Railroad and created thousands of miles of tracks throughout the West. He devoted his life to munificence work and founded Stanford University in 1884. The men mentioned above worked eff ortful to draw a bead on where they got. Th! ey didnt keep all the money they had bring in from their business, but instead gave back to their country. These men were ingenious, industrious lead who transformed the American economy with their talented skills. They should be praised for their skills as well as for their philanthropy, or charity.If you want to get a full essay, order it on our website: OrderEssay.net

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