...During the late 1800’s, a group of innovative businessmen would change America’s standing in the world forever. Some of these men were Andrew Carnegie, John D. Rockefeller, J.P. Morgan and many more who contributed to industrial and economic change in the United States. They were not remembered as heroes by everyone. Some believe that their monopolizing ideas and ways of crushing their competition made them out to be “Robber Barons” rather than ¨Captains of Industry¨. They received a bad name because their success and the money they made, was at the expense of the working class. They revolutionized the American industrial system and boosted America’s place as a national manufacturing power, while also monopolizing businesses and hurting the working class. Where you find wealth, you'll find that the land contains monopolies. The Captains of Industry made money and revolutionized the American industrial system, boosted America’s place as a national manufacturing power, increased the standard of living in America by creating many jobs, and generously gave away their own money to various charities and organizations. There are multiple reasons why these big businessmen should be remembered as “Captains of Industry”. One example is their generosity towards the...
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...Background: John D. Rockefeller, Sr. is remembered as one of the foremost capitalists in American history. Rockefeller was rare in that he had two qualities that are almost never found in one person. He was the entrepreneurial salesmen who started a company, and an arduous bookkeeper who grew and extended the company. Recalling some of the great names from the turn of this century - Andrew Carnegie, J.P. Morgan, William Hearst and Henry Ford - the name Rockefeller is always required to complete the roll call. Rockefeller, in his lifetime, was both the most admired and most hated businessman in America. Considered one of the Great Robber Barons, the name Rockefeller has changed from very negative connotations at the turn of this century to a mostly positive one by the end of it. The John D.Rockefeller, Sr. story is really the story of the American oil industry. From an unused commodity in the early 1800's to the major global economic industry it is today, the story of oil is the story of Standard Oil and a man named Rockefeller and it continues till today. Rockefeller dropped out of high school at age 15 and went to a 2 year business college. At this college he learned the skill of double entry accounting. He was a meticulous and adept bookkeeper. After graduation Rockefeller began looking for his first job. He had little interest in thinking small. He made a list of the biggest businesses in Pennsylvania and started going door to door. He’d walk into the business and up...
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...Between 1860 and 1900, the United States went through a massive industrial boom due to the rapid increase of laborers and demand for oil, steel, cars, and other common products. Many of the big business owners developed a monopoly in their field of business, like oil or steel using vertical and horizontal integration methods to minimize production cost with increased speed while keeping prices high. Other factors that helped the industrial boom was rapid growth of the railroad system throughout the US. One of the biggest helps to the industrial boom in the US is the adoption of the vertical and horizontal integration systems. These systems are a type of monopoly where a business would buy all of the contributing factors in the making of their products or buy all of the retail sellers. As explained in “The Genesis of the United States Steel Corporation” by E. S. Meade, vertical integration is when a business would buy every part of the process in making the product. For example, steel industries would buy up all of the mines, to the steel billets and steel rails to minimize the cost of making the product. Horizontal integration is when a business would buy out all of the retail sellers so there would be no competition so they could make lower quality products and increase the price without worry of competition. Andrew Carnegie was the owner of the Carnegie Steel Company, the biggest steel company of the time, he used vertical integration to minimize his production costs. Meanwhile...
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...prosperity and industrial growth. The Gilded Age consists of three decades following the Civil War. These decades were also filled with Greed. Americans believed in a magical scheme to get them rich. “Gilded Age” basically refers to the middle class of the time. It was full of the purchases of dress, home decor, and all material goods which were considered signs of “good taste.” There was increased aestheticism of the age. The Gilded Age was mostly about the rapid industrialization that transformed the country from a rural and agriculturally-based republic who shared a belief in God, into an industrial and urbanized nation whose values were changing rapidly due to increased wealth and to Charles Darwin's theory of evolution. John D. Rockefeller and Andrew Carnegie, who both monopolized their industries, symbolized the “self-made man” that controlled this time. This moral is what was criticized. As individual income increased due to improved communications from the invention of the telephone, electricity, and transportation by the new transcontinental railroads. Many individuals could afford to buy finer clothing and home decorations. The steam engine, the railroads, and the industrial boom caused the country's first...
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...full-scale industrial society. ” The Art Archive / Culver Pictures As the process of ensuring political, economic, and social rights of African Americans waned during the 1870s, most Americans turned their attenNo invention had more lasting impact than the incandestion to another transformacent light bulb. tion brought on by the Civil Strongly Disagree Strongly Agree War: the Industrial Revolution. 1 2 3 4 5 6 7 During the half-century between 1865 and 1915, the United States evolved from a relative economic backwater to become the most powerful economy in the world. Industrialization played a key role in the nation’s advances, and both the Civil War and a core group of innovative, aggressive, farsighted, and opportunistic entrepreneurs were the main stimulants of growth. They embodied the optimism and inventiveness of the late nineteenth century, although they often pushed too far and engaged in practices we now see as unethical and corrupt, leaving wide gaps between the rich and the poor, between black and white, and between immigrant and native. Like...
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...Josephson's and Brand's historical interpretations of business leaders who rose to prominence between 1865 and 1900 greatly differed. Josephson described these men as aggressive and lawless sometimes, and he said that nearly all of them did not act with morals. Josephson even referred to these business leaders as robber barons which are "attributed to any successful businessman or woman whose practices are considered unethical or unscrupulous." Staff, Investopedia. “Robber Barons.” Investopedia, 7 Apr. 2005, www.investopedia.com/terms/r/robberbarons.asp. In contrast, Brands described these men as innovative and creative, and he even called them captains of industry. So, he had a more positive view of them than that of Josephson's. One...
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... The railroads were the first “Big Businesses”, as they had to control and manage vast areas of track and all other interworkings of the businesses; they pioneered the creation of a managerial structure which determined who had control over what process within the business and how those people would then delegate each task to an individual or group. From a business aspect this is known as a “vertical structure” and was predominate far into the twentieth century. The new managerial structure spread to the majority of businesses at the time and allowed corporations to manage vast quantities of materials and products as cheaply as possible. Andrew Carnegie used this structure to refine his steel company into becoming the most efficient, most successful steel manufacturer in the world. Standard Oil, led by John D. Rockefeller, used this method to dominate the distribution of kerosene and gasoline by the end of the nineteenth century. By streamlining their businesses the entrepreneurial moguls of the time were able to amass massive amounts of wealth; however, this drive for success and wealth also caused a great number of hardships especially for the workers in...
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...the late 1800s. 17-4 Describe the formation of the early labor unions in the United States, including their goals, activities, and situations at the end of the nineteenth century. 290 C h apt e r 15 The Continued Move West “ The world that had consisted of small farms, artisans’ workshops, and small factories transformed into a full-scale industrial society. ” As the process of ensuring political, economic, and social rights of African Americans waned during the 1870s, most Americans turned their attenNo invention had more lasting impact than the incandestion to another transformation cent light bulb. brought on by the Civil War: the Strongly Disagree Strongly Agree Industrial Revolution. During 1 2 3 4 5 6 7 the half-century between 1865 and 1915, the United States evolved from a relative economic backwater to become the most powerful economy in the world. Industrialization played a key role in the nation’s advances, and both the Civil War and a core group of innovative, aggressive, farsighted, and opportunistic entrepreneurs were the main stimulants of growth. They embodied the optimism and inventiveness of the late nineteenth century, although they often pushed too far and...
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...highlights of US’s economy is, basically, that they know how to grab the enrichment opportunity at a right time, in right place. This expressed clearly throughout the wars. America somehow used the smart tactics that could help them remain their economic benefits. In World War I, at the beginning, America chose to follow “neutrality policy”, when they have no reason to attend in a battle that was not their. However, there were many reasons that forced US to join into the war that they undesired. In 1915, the Lusitania's sinking with the death of innocent Americans was seen that the main external reason that affected strongly US’s decision to enter the war. Undeniably, the “act of aggression” of Germany, when they tried to ignite the fight between Mexico and America, also consolidated the decision. Moreover, the internal reason, as the safety of the “democratic ideology”, was a substantial factor that made the US change the original political orientation. Generally, no matter what the real reason was, the truth was that America, indeed, achieved a lot of economic benefits not only in wartime but also in postwar. On the other...
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...During Civil War Era America, the people of the United States were split over which of these fundamental ideas would restore the country to prosperity. The differences between the Union and the Confederacy caused this split over whether the equality of opportunity or protection of property would be more effective during the Reconstruction Era. After the Civil War, the thirteenth amendment officially abolished slavery and emancipated all slaves in the United States. Following the thirteenth amendment, the fourteenth guaranteed citizenship to all natural or naturalized Americans, and the fifteenth amendment gave people of color the right to vote. The passage of these amendments angered the South, who primarily believed in protection of property,...
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...Chapter 17 Ten percent plan This plan was an attractive deal for Southern people by Abraham Lincoln. It was said that that a southern state could be readmitted into the Union if 10 percent of its voters made a grave promise of reliability to the Union. RADICAL REPUBLICANS These people were members of Republican Party during the Civil War. They did an overwhelming effort to secure rights for liberated slaves during Reconstruction. The Wade–Davis Bill In 1840, two Radical Republicans, Senator Benjamin from Ohio and Henry Winter Davis of Maryland proposed this bill willing for Reconstruction of the South. It demanded the reliability of 50 percent people of readmitting to the union. Andrew Johnson and his plan for Reconstruction In 1864, Abraham Lincoln nominated Andrew Johnson, who was democratic representative from Tennessee, as his Vice Presidential candidate. He thought that with Johnson he would speak to Southerners who never needed to leave the Union. Black codes After the Civil War, southern states passed these laws. According to these laws, black people were insisted to live slave and do labor work “Waving the bloody shirt” In American history, the expression got acclaim with a developed event in which Benjamin Franklin Butler of Massachusetts, when making a talk on the floor of the U.S. Spot of Representatives, professedly held up a shirt with the blood of a carpetbagger whipped by the Ku Klux Klan. Comparison of US emancipation w/ other American societies ...
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... Industrialization after the Civil War After the Civil War the United States became a much more industrialized society. Between 1865 in 1920 industrialization and proved American life in many ways. However industrialization also created problems for American society. This paper will introduce my previously crafted thesis statement where I stated my opinion on how industrialization after the Civil War influenced US society, economy, and politics. This paper will also identify three major aspect of the industrialization during 1865 in 1920 that influenced United States society, economy, and politics while considering issues such as; geography, entrepreneurship, and legislative representation. This paper will also identify three specific groups that were affected by industrialization and provide two examples of each group describing how the group was affected while considering issues such as race, ethnicity, gender, and child labor. Finally this paper will summarize how industrialization affected the life of the average working American during this period. After the Civil War the United States became a much more industrialized society. Between 1865 in 1920 industrialization improved American life in many ways. However industrialization also created problems for American society. When industrialization, which is the large scale introduction of manufacturing...
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...How To Stop Worrying And Start Living By Dale Carnegie Courtesy: Shahid Riaz Islamabad – Pakistan shahid.riaz@gmail.com http://esnips.com/UserProfileAction.ns?id=ebdaae62-b650-4f30-99a4-376c0a084226 “How To Stop Worrying And Start Living” By Dale Carnegie 2 Contents Sixteen Ways in Which This Book Will Help You Preface - How This Book Was Written-and Why Part One - Fundamental Facts You Should Know About Worry 1 - Live in "Day-tight Compartments" 2 - A Magic Formula for Solving Worry Situations 3 - What Worry May Do to You Part Two - Basic Techniques In Analysing Worry 4 - How to Analyse and Solve Worry Problems 5 - How to Eliminate Fifty Per Cent of Your Business Worries Nine Suggestions on How to Get the Most Out of This Book Part Three - How To Break The Worry Habit Before It Breaks You 6 - How to Crowd Worry out of Your Mind 7 - Don't Let the Beetles Get You Down 8 - A Law That Will Outlaw Many of Your Worries 9 - Co-operate with the Inevitable 10 - Put a "Stop-Loss" Order on Your Worries 11 - Don't Try to Saw Sawdust Part Four - Seven Ways To Cultivate A Mental Attitude That Will Bring You Peace And Happiness 12 - Eight Words that Can Transform Your Life 13 - The High, Cost of Getting Even 14 - If You Do This, You Will Never Worry About Ingratitude 15 - Would You Take a Million Dollars for What You Have? 16 - Find Yourself and Be Yourself: Remember There Is No One Else on Earth Like You 17 - If You Have a Lemon, Make a Lemonade 18 - How to Cure Melancholy in...
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...Bloodlines of Illuminati by: Fritz Springmeier, 1995 Introduction: I am pleased & honored to present this book to those in the world who love the truth. This is a book for lovers of the Truth. This is a book for those who are already familiar with my past writings. An Illuminati Grand Master once said that the world is a stage and we are all actors. Of course this was not an original thought, but it certainly is a way of describing the Illuminati view of how the world works. The people of the world are an audience to which the Illuminati entertain with propaganda. Just one of the thousands of recent examples of this type of acting done for the public was President Bill Clinton’s 1995 State of the Union address. The speech was designed to push all of the warm fuzzy buttons of his listening audience that he could. All the green lights for acceptance were systematically pushed by the President’s speech with the help of a controlled congressional audience. The truth on the other hand doesn’t always tickle the ear and warm the ego of its listeners. The light of truth in this book will be too bright for some people who will want to return to the safe comfort of their darkness. I am not a conspiracy theorist. I deal with real facts, not theory. Some of the people I write about, I have met. Some of the people I expose are alive and very dangerous. The darkness has never liked the light. Yet, many of the secrets of the Illuminati are locked up tightly simply because secrecy is a way...
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...relation to group effort and want to carry it out • Find ways to channel wants into effective cooperation B. Relations with People • Two basic lessons – Men are complex and men are different • Enable superiors to know subordinates as human beings • Must be in a position to satisfy them • Understand implications of his own actions • Consistent and clear decisions C. Pitfalls of Perception • Worst difficulties come from misperceiving reality • Successful leader is prepared for such misperceptions • Psychological difficulty of being a subordinate • Understanding leader doesn’t consider them inferior, but maintains a psychological distance • Eliminate phony democracy D. Goals in Development • Balance risks and returns • Executive must watch long term growth of his men • Long run growth vital part of continuing leadership • Development limited only by contributions E. Dealing with Tact • No genuine growth without some teaching • Superior must take cognizance of subordinate’s successes and failures • Adequate communication very important • Leader must know how to use followers traits and skills F. Secrets of Symphony Orchestra Conductor • Men must have requisite skills and training • Psychological setting for...
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