Captain of Industry or Robber Baron

The period of invention after the Civil War chew out the stage for immense industrial growth (Cayton 237). This period of metre in the late 1800s is kn receive as the Industrial Revolution. two prominent names in big business were can buoy D. Rockefeller and Andrew Carnegie. There is no doubt that these people left their progress to on business and on history. However, there is some argufy over how these individuals should be portrayed. Some people say that they were sea rover powerfulnesss, while others insist that they were captains of industry. A captain of industry is soul who is perceived to have helped the nation through their business skills and their philanthropy. On the other hand, a robber mogul 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 create the modular Oil Compan y in 1870. One of the starting things that he had to deal with was the high cost of transporting the barrels of crude to his refineries in Cleveland, Ohio. He negotiated a deal with a force 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 cherished 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 mode is called naiant consolidation, which involves the bringing together of many firm s in the same business. The fairness state! d that one company could not own the line of descent of another. Rockefeller got around this by creating a trust. at long last forty companies get together the... If you want to get a full essay, order it on our website: OrderEssay.net

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