Search results
Results from the WOW.Com Content Network
In academia, the education division of the National Endowment for the Humanities has prepared a lesson plan for schools asking whether "robber baron" or "captain of industry" is the better term. They state: In this lesson, you and your students will attempt to establish a distinction between robber barons and captains of industry.
These include people such as Cornelius Vanderbilt, Andrew Carnegie, Andrew Mellon, Leland Stanford and John D. Rockefeller. The education division of the National Endowment for the Humanities has prepared a lesson plan for schools asking whether "robber baron" or "captain of industry" is the better terminology. The lesson states that it ...
One of the few remaining links to the U.S. "gilded" era of robber barons, he was the son of John D. Rockefeller Jr., who developed New York's Rockefeller Center, and was the last living grandson ...
The terms mogul, tycoon, and baron were often applied to late-19th- and early-20th-century North American business magnates in extractive industries such as mining, logging and petroleum, transportation fields such as shipping and railroads, manufacturing such as automaking and steelmaking, in banking, as well as newspaper publishing.
John D. Rockefeller is considered to be the wealthiest American of all time, earning his immense fortune after gaining control of 90 percent of American oil production in the late 1800s. The oil ...
In 1957, Fortune magazine developed a list of the seventy-six wealthiest Americans, which was published in many American newspapers. [6] Jean Paul Getty, when asked his reaction to being named wealthiest American and whether he was worth a billion dollars, said, "You know, if you can count your money, you don't have a billion dollars" and then added, "But remember, a billion dollars isn't ...
The Myth of the Robber Barons. New York: Young America. ISBN 9780963020307. Fosdick, Raymond B. (1989). The Story of the Rockefeller Foundation (reprint ed.). New York: Transaction Publishers. ISBN 0-88738-248-7. Gates, Frederick Taylor (1977). Chapters in My Life. New York: The Free Press. ISBN 0029113504. Giddens, Paul H. (1976).
Business is the making of profits; industry (or the "machine process") is the making of goods. "The captains of industry" (i.e., capitalists or "robber barons") curtailed production in order to keep prices and profits high. The worst fears of businessmen was a "free run of production" which would essentially collapse all profits.