Industrial Period
In regard to the Industrial period, a “robber baron” was someone who was thought of as immoral and deceitful, who used others to make money, while a “captain of industry” was someone who was a great leader that used his success for the benefit of the mankind. The successful businessmen of the industrial period were often referred to as “robber barons”, however they deserve the title of “captains of industry”, because just as the country was experiencing new things, the industrialists were trying many new things in the business world in order to form a more stable and profitable economy. Industrialists such as Cornelius Vanderbilt, Henry Ford, Andrew Carnegie, John Rockefeller, and J.P. Morgan, let nothing get in their way of achieving success. Although their methods of achieving success were sometimes questioned or considered immoral, the ways these businessmen used their success and wealth to benefit the nation, as well as other people, far outweighs any wrong they may have done on their path to success. One great “captain of industry” was Cornelius Vanderbilt. Cornelius Vanderbilt first began working in 1810 as a ferryman between Staten Island and New York City. He quickly moved up from the low-paying j
Another man who changed the nation through industrialization was Henry Ford. Henry Ford came from a small farm family, where he became an excellent self-taught mechanic. At the age of 16, Henry moved to Detroit to work at his first job as a mechanic. In 1891, Ford became head engineer at the Detroit Illuminating Company. He soon became constructing what would become his first car. In 1903 Henry Ford founded the Ford Motor Company, and began producing more innovative cars. Soon thereafter Ford introduced the Model T which was affordable to the working class citizens. His accomplishments were made possible through his genius introduction of the moving assembly line. His innovative new system changed manufacturing forever. Henry Ford was one the first to pay his workers very high wages. In exchange he required very high working standards which had not ever previously existed, such as attending work regularly, and having a moral private life. Henry Ford was an active philanthropist. He built a hospital for his employees in Detroit, and founded the “Ford Foundation” in order to advance human welfare. Mr. Ford was a very prosperous and generous man, who, throughout his lifetime donated more than two billion dollars worldwide. Although he came from a very poor family, John
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Approximate Word count = 863
Approximate Pages = 3 (250 words per page double spaced)
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