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Andrew Carnegie: "Capt. Of Industry" Or "Robber Baron"?
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As the Industrialization began, a few talented and foreseeing people took advantage of the development of new industries, technologies, and methods. Mass production was a way to produce goods in large quantities, and being able to sell them to the consumer for more affordable prices. The old owne ....
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....Even though he cut down on his workers' salaries to keep the consumer costs down, he always generously invested in a new technology opportunity. If he found out of a new improved machine or press, he wanted to get it right away to be the first one to start using it.
Among his most renown achievements, he did a lot of benefactor work. He wrote "The man of wealth [should] consider all surplus revenues which come to him simply as trust funds, which he called to administer… to produce the most benef.... |
| Number of words: 536 |
Approximate pages: 2 |
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