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Andrew Carnegie: "Capt. Of Industry" Or "Robber Baron"?

Part one of term paper
? 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 owners of small businesses could no longer compet ...

Part two of term paper
... him to do that and still make a profit. Many people, though, accuse Carnegie of being a "Robber Baron". One might say he monopolized the steel market (owning 25% of it), made a bigger and bigger profit by cutting his workers' salaries and forcing his partners to return their company stock if they resigned or retired; and that is mostly true. His workers had a lot of potential injuries waiting to happen… and they had to work twelve hours a day, 7 days a week. When they started to form a labo ...

Word count: 536 | Approximate pages: 2

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