subject
History, 28.01.2021 08:40 Liannahiggins

During the Industrialization period, big business was at an all time high. Entrepreneurs like Andrew Carnegie, John D. Rockefeller, and JP Morgan were building their personal wealth at an alarming rate. Industry was booming! Was this good for the American people? Some argued that leaders in big business were “Robber Barons”, or people who unfairly ended competition amongst businesses by forming monopolies. Americans were replaceable instruments in factories and did not benefit from the profits of their bosses.

On the other hand, some believed that the leaders of big business were “Captains of Industry” who built the American economy and created job opportunities for skilled and unskilled workers. Without these innovative tycoons, Americans would have fewer chances to gain their own wealth.

Was big business good or bad for the nation? Were Andrew Carnegie, John D. Rockefeller, and JP Morgan examples of "Robber Barons" or were they "Captains of Industry"? Explain your response in detail, provide examples and evidence to support your reasoning.

ansver
Answers: 1

Other questions on the subject: History

image
History, 21.06.2019 23:30, meowmeowcow
Identify the type of source based on the information provided. a historian found a journal belonging to an ancient indian princess. the princess liked to keep a record of all the royal women of her dynasty who lived before her time. she tried to collect as much accurate information about their history as possible. her journal is a great source of historical information. based on the passage, the princess’s diary is source.
Answers: 1
image
History, 22.06.2019 00:00, morganmsaylor3056
Group formed to protect artisans and increase their profits
Answers: 2
image
History, 22.06.2019 01:00, silviamgarcia
Historians believe that animals drawn in cave paintings during the paleolithic era could have represented each of the following except a a. successful hunt b. domesticated pet c. god that was worshipped d. way to obtain an animal's spirit select the best answer from the choices provided
Answers: 3
image
History, 22.06.2019 01:30, kaylaciamp65
Which of these were among you the purpose of the photorealism movement
Answers: 2
You know the right answer?
During the Industrialization period, big business was at an all time high. Entrepreneurs like Andrew...

Questions in other subjects:

Konu
Geography, 17.10.2021 04:30
Konu
Mathematics, 17.10.2021 04:30