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Carnegie believed that industrialization benefited entire societies, while Marx believed that it only benefited a small number of people.
The time before the Industrial Revolution.
Industrial Revolution. -Apex
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.
children worked in factories. long shifts. starting of corporations, monopoly's pools, trust, holding company and a conglomerate
According to Carnegie, the Industrial Revolution benefited society as a whole by creating wealth, expanding global trade, and improving living standards for many people. He believed that the wealth generated by industrialization should be used for the greater good through philanthropy and supporting public institutions.
Carnegie believed that industrialization benefited entire societies, while Marx believed that it only benefited a small number of people.
The time before the Industrial Revolution.
Andrew Carnegie controlled the steel industry during the Industrial Revolution.
Andrew Carnegie
Andrew Carnegie
Industrial Revolution. -Apex
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.
Karl Marx believed that the industrial revolution led to exploitation of workers by capitalists, resulting in inequality and class struggle. Andrew Carnegie, on the other hand, believed in the benefits of industrialization for society and argued that it brought prosperity and opportunities for all.
When someone owns a whole industry, like the steel company Andrew carnegie was the only one to be disributing steel.
Andrew Carnegie-apex
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.