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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.
How did Pennsylania contrilbute to the second industrial Revolution what impact did the secon industrial Revolution have on Pennsylvania?
Pennsylvania played a pivotal role in the Second Industrial Revolution through its abundant natural resources, particularly coal and iron, which fueled the growth of industries such as steel manufacturing. The establishment of major companies like Carnegie Steel in Pittsburgh positioned the state as a leader in steel production, driving innovations and urbanization. The impact of this industrial boom led to significant population growth, the rise of labor movements, and economic diversification, while also contributing to environmental challenges and social issues in urban areas. Overall, Pennsylvania was both a critical contributor to and a significant beneficiary of the transformations brought about by the Second Industrial Revolution.
Who has benefited from the Industrial Revolution according to Carnegie?
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.
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.
How did Kari Marx and Andrew Carnegie differ in their opinions of the industrial revolution?
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.
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.
