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Who had benefited from the industrial revolution according to Carnegie?
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Cole Hinshaw, Gamer
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How did Karl Marx and Andrew Carnegie differ in their opinions of the Industrial Revolution?
Carnegie believed that industrialization benefited entire societies, while Marx believed that it only benefited a small number of people.
What period was Carnegie describing?
The time before the Industrial Revolution.
What event caused the changes described from Andrew Carnegie's wealth?
Industrial Revolution. -Apex
What was Gospel of Wealth during the industrial revolution?
The wealthy proclaimed that they were justified by God to have so much wealth. They claimed that God gave them their money or they were a product of natural selection. This idea was boasted by Andrew Carnegie.
Who were corporate tycoons during the industrial revolution?
children worked in factories. long shifts. starting of corporations, monopoly's pools, trust, holding company and a conglomerate
How did Karl Marx and Andrew Carnegie differ in their opinions of the Industrial Revolution?
Carnegie believed that industrialization benefited entire societies, while Marx believed that it only benefited a small number of people.
What period was Carnegie describing?
The time before the Industrial Revolution.
Who controlled the steel industry?
Andrew Carnegie controlled the steel industry during the Industrial Revolution.
Who was the steel company baron during the Industrial Revolution?
Andrew Carnegie
Who was te leader of the steel industry during the industrial revolution?
Andrew Carnegie
What event caused the changes described from Andrew Carnegie's wealth?
Industrial Revolution. -Apex
How was Karl Marx and Andrew Carnegie differ in their opinions of the industrial revolution?
Karl Marx believed that the industrial revolution created a divided society of exploited workers and wealthy capitalists, leading to class struggle and the need for a socialist revolution. Andrew Carnegie, on the other hand, viewed the industrial revolution as a driver of economic progress and innovation, leading to wealth creation and overall societal improvement through philanthropy.
What is a monopoly in industrial revolution?
When someone owns a whole industry, like the steel company Andrew carnegie was the only one to be disributing steel.
What man dominated the steel industry during America's industrial era?
Andrew Carnegie-apex
What where important business developments in 1865-1914?
This was the time period of the Industrial Revolution, and some big companies were Standard Oil (run by John D. Rockefeller) and the Carnegie Steel Trust (run by Andrew Carnegie), which he later sold to a financer named J.P. Morgan.
What was Gospel of Wealth during the industrial revolution?
The wealthy proclaimed that they were justified by God to have so much wealth. They claimed that God gave them their money or they were a product of natural selection. This idea was boasted by Andrew Carnegie.
How are the Carnegie's and Rockefeller's alike?
They were both Captains of Industry during the Industrial Boom in America. Carnegie made steel Rockefeller made oil
