Captain of Industry or Robber Baron

The period of invention after the Civil War batter the stage for immense industrial growth (Cayton 237). This period of twinge in the late 1800s is kn give birth as the Industrial Revolution. deuce prominent names in big business were fuck D. Rockefeller and Andrew Carnegie. There is no doubt that these people left their trammel on business and on history. However, there is some argue over how these individuals should be portrayed. Some people say that they were marauder powerfulnesss, while others insist that they were captains of industry. A captain of industry is mortal who is perceived to have helped the nation through their business skills and their philanthropy. On the other hand, a robber world-beater was someone who was considered a ruthless businessman. In the publics opinion a robber baron wouldnt let anything stop them from obtaining wealth. In my opinion Rockefeller and Carnegie were captains of industry. John D. Rockefeller organize the modular Oil Co mpany in 1870. One of the set-back things that he had to deal with was the high cost of transporting the barrels of crude inunct to his refineries in Cleveland, Ohio. He negotiated a deal with a rail line connection that lowered his shipping costs. This allowed him to lower the cost of his oil which resulted in more sales (www.spartacus.schoolnet.com). By doing this Rockefeller could undersell his competitors.

Rockefeller valued to diffuse his business even more. He figured that if he could pervert out his competitors companies then he could create a goliath oil company and lower his prices even more. His system is called naiant consolidation, which involves the bringing togethe r of many firms in the alike(p) business. T! he fairness stated that one company could not own the line of descent of another. Rockefeller got around this by creating a trust. finally forty companies get together the... If you want to get a full essay, order it on our website: OrderEssay.net

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