Andrew Carnegie Essay

Who Was Andrew Carnegie As An Entrepreneur
Andrew Carnegie, Entrepreneur and Businessman
"Real generosity toward the future lies in giving all to the present." This quote by Albert Camus
represents the core of Andrew Carnegie. Though he is often identified as the greatest entrepreneur of
the 20th century and one of the most ruthless businessmen in history, Andrew Carnegie was also
blessed with a generous heart, which is most revealed by the fact that he gave away almost 90%
of his wealth. Like everything though, Carnegie had to begin somewhere. That somewhere was
Scotland. Born on November 25, 1835 in Dunfermline, Scotland to William and Margret
Carnegie, Andrew's childhood began as a simple one. His father was a weaver in Dunerfermline
and, although successful, his earnings allowed his family to live a basic but comfortable life.
William hoped to pass down his trade to Andrew when he came to age, so he began to expand his
business in anticipation of the additional labor, but this dream was not to be....show more content...
The power loom was brought to Dunfermline, shortly following Andrew's birth, and William lost
all of his business to the identical machine produced products that were cheaper and more readily
available. Because he was only skilled in a single craft, William could no longer find work to put
food on the table. Andrew always remembered this one flaw in his father and set out to make sure he
did not plummet to the same fate, living by the motto that "those unable to control their fortunes can
be set adrift in the
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Andrew Carnegie's Gospel of Wealth Essay examples
Andrew Carnegie's Gospel of Wealth
Andrew Carnegie believes in a system based on principles and responsibility. The system is
Individualism and when everyone strives towards the same goals the system is fair and
prosperous. Carnegie's essay is his attempt to show people a way to reach an accommodation
between individualism and fairness. This system can only work if everyone knows and participates
in his or her responsibilities. I will discuss Carnegie's thesis, his arguments and the possible results
of his goals. The Gospel of Wealth is primarily about the dispersion of wealth and the responsibilities
of those who have it. Carnegie thinks that inheritance is detrimental to society because it does not do
any good for the...show more content...
He seems to say that if everyone had equal amounts of income that there would be no incentive to
produce quality work or have a good work ethic. Carnegie shows this by saying that the contrast
between the wealthy and the laborer is "essential for the progress of the race"(Carnegie 451). The
law of competition means that better quality products come from competition because you have
constantly improve to be the best. Competition between companies and laborers forces everyone
continually work hard. Carnegie thinks that it is in the best interest of the race to give the wealth
to a few because it is better to help many for years to come than equally divided among people to be
wasted.
We can form some estimate of the possibilities for the improvement of the race, which lie
embedded in the present law of the accumulation of wealth. Much of this sum, if distributed in small
quantities among the people, would have been wasted in the indulgence of appetite, some of it in
excess, and it may be doubted whether even the part put to results for race"(Carnegie 457).
Carnegie is looking out for the best interests of the rest and his admirable goals are clearly seen
from this quote. He puts power in the hands of those who can make a difference with the excess
amounts of money given by wealthy men. If inheritances were instead used during life to help the
community instead of

Was Andrew Carnegie A Hero Essay
Andrew Carnegie, a tightfisted employer among many, but a good–hearted philanthropist among
many more; however, does this really explain if he was or was not a hero? Andrew Carnegie was
a scottish immigrant born in November 1835 who grew up in a poor and hard life, whose family
made the tough decision to the Americas in 1848, started working at age 12 to appease his family's
financial trouble. He worked harder and harder, deciphering dot–dot–dash messages by ear, setting
train schedules and untangling train wrecks, and saving Union soldiers, and finally, as a result, rose
to become one of America's richest and most integral heroes. However, we should ask ourselves
this: Was Andrew Carnegie truly ahero? Well, to answer that question we need to look at the
definition of a hero. Hero, a word defined as a person who holds amazing courage, or a person who
possesses strong integrity, or a person who boasts a vast amount of intelligence or wisdom. Going
by this interpretation, we could state that Andrew Carnegie was a hero in the business area because
of his strategic intelligence; in the social area because of his honest integrity; and in the economic
area because of his courageous work and investments.
Firstly, Carnegie's involvement in the business area classify him as

Andrew Carnegie Rhetoric
Andrew Carnegie rose from a bobbin boy in a textile factory to become one of the richest men in
America. In the late 19th century, Andrew Carnegie was known as one of the wealthiest Scottish
American industrialist who basically ran the American steel industry in the late 19th century. Some
people believe that Andrew Carnegie was a philanthropist automatically means he's a Captain of
Industry. However Andrew Carnegie was a robber baron, and was wealthy for that exact reason.
In such manner, Andrew Carnegie treated his workers' as such a robber baron would, which is
poorly and in dangerous conditions. Furthermore, Andrew Carnegie was unsympathetic for his
workers'' health seeing as he had put them in unhealthy and dangerous conditions....show more
content...
However, this is inaccurate because he had treated his workers like they were nothing, even putting
them into the situation of dangerous conditions. There are many more characteristics to a Captain
of Industry but robbing companies, and putting your workers in dangerous conditions is not one of
them. " 'Yes, the men call this the deathtrap' he repeated my guide; '... they wipe a man out here
every little while.... Sometimes a chain breaks, and a ladle tip over; and the iron explodes ––– like
that.... Sometimes the slag falls on the workmen from the roadway up there" (Page 357). He
fools other people with his donations making it seem like he is captain of industry when in
reality he also put people in dangerous conditions and pay them not enough for it. He doesn't help
his workers enough with the wages and dangerous conditions. His workers not being the only
evidence of him not being a captain of industry. "A man watches out, why, all right! But you take
it after they've been on duty for twelve hours without sleep, and running like hell, everybody tired
and logy and it's a different story" (Page 357). Andrew Carnegie was someone who put his
workers in the kind of danger that any day one of the workers can get trampled or killed by one of
the machines especially since they are tired from working long hours. Andrew Carnegie had no
kind heart, nor cared for his workers instead he was inconsiderate and selfish, he was only for
himself and money, which do not display a Captain of Industry nor a

Many of the United States political figures have had positive affects on America. The most positive
and influential political figure in my opinion is Andrew Carnegie. Andrew Carnegie was a huge
contribution into the Industrial Revolution. In the 1900s Carnegie's motivation and persistence led
him to create steel mills that were the most efficient and affordable around. This invention led to
more jobs and a higher quality of life for many people. To begin with Andrew Carnegie started his
working career as a bobbin boy at a cotton mill. After much success he realized that he wanted to
create something even bigger. It was then in 1865 when he set out on his own to establish the
Carnegie Steel company, which then sparked the Steel industry in Pittsburgh

Andrew Carnegie's Impact On Society
Between 1865 and 1901, Andrew Carnegie played a great role in innovation and made America the
most major industrial nation in the world (www.socyberty.com). Living a destitute early life,
Carnegie went to night school and educated himself as much as he could as a child
(www.britannica.com). Because he could read and write, Carnegie, the only son of a weaver,
became one of the richest men in America (www.myinterestingfacts.com). Carnegie warms hearts of
society with one of his most compelling quotes which states "I began to learn what poverty meant."
He would later write, "It was burnt into my heart when that my father had to beg for work." "Then
and there came the resolve that I would cure that when I got to become a man (www.pbs.org)." The
...show more content...
He stated, "You have to keep the money only for the necessity of the family. The rest of the
money that you own should be utilized to increase the value of society
(myinterestingdfacts.com)." Carnegie so firmly believed that everyone should not hoard all of
their wealth; he thought that everyone should donate. He believed that everyone should give their
money to make the world around them a better place for everyone, including them. This quote
explains why he granted over ninety percent of all of his wealth by the time he died. Hebrews
13:16 "Do not neglect to do good and to share what you have, for such sacrifices are pleasing to
God (openbible.info)."Although Carnegie donated all of his wealth, nothing would have changed if
society did not utilize the money wisely. Carnegie once said, "You cannot push anyone up a ladder
unless he is willing to climb a little himself

Andrew Carnegie Biography Essay
Andrew Carnegie Born on November 25, 1835, in Dunfermline, Scotland, Andrew Carnegie
started his life in the United States working at a telegraph office. During his time in the work of
telegraphs, he started his life of going from poor and low class to rich and high class (known as
"rags to riches"). In the 1860's carnegie began investing into many things finding great outcomes in
return. In the 1870's he began his work with steel. By consulting with, leading steel producer in
Great Britain, Henry Bessemer he was able to learn how to manufacture high quality steel that
would require the least amount of money for production (McGuire, William, and Leslie Wheeler).
He created the Carnegie Steel Corporation soon to become one of the wealthiest men in America in
the 19th century. Because of his company and steel production, Carnegie brought the United States
up as the leading steel producer, exceeding Great Britain (McGuire, William, and Leslie Wheeler).
His company completely changed the way steel was produced in America by providing a easier,
quicker, and more effective way of...show more content...
After graduating from the University of Gottingen in 1857, Morgan starting his work in banking
along side his father. In 1871 he began a partnership of his own banking firm which was Drexel
Morgan and Co,. After conjoining his bank with his father's after the death of his father the new
bank was called J.P. Morgan and Company. It became one of the great and most flourished bank in
the world. It had success in America as well as in Europe ("J. P. Morgan."). Morgan's success
helped railroads in efficiency and cooperation and saved the United States economy twice from
devastation. His efforts also helped with public finance by organizing a $65 million loan financing
that greatly helped investors ("J.P.

Andrew Carnegie Essay
A man of Scotland, a distinguished citizen of the United States, and a philanthropist devoted to the
betterment of the world around him, Andrew Carnegie became famous at the turn of the twentieth
century and became a real life rags to riches story.
Born in Dunfermline, Scotland, on November 25, 1835, Andrew Carnegie entered the world in
poverty. The son of a hand weaver, Carnegie received his onlyformal education during the short time
between his birth and his move to the United States. When steam machinery for weaving came into
use, Carnegie's father sold his looms and household goods, sailing to America with his wife and two
sons. At this time, Andrew was twelve, and his brother, Thomas, was five. Arriving into New York
on August...show more content...
After retiring, Carnegie's fortune was estimated to be as large as half a billion dollars. From that time
on, with the philosophy that the rich have a moral obligation to give away their money, he devoted
himself to philanthropy. Although ironic, this man of great fortune strongly believed in the merits of
poverty for the development of character and work ethic, and determined that wealthy men should
not leave their fortunes to their children, but should give it away, claiming &quot;The man who
dies thus rich, dies disgraced.&quot; The picture of community service, Carnegie is quoted as
saying, &quot;Pittsburgh entered the core of my heart when I was a boy, and cannot be torn
out. I can never be one hair's breadth less loyal to her, or less anxious to help her in any way, than
I have been since I could help anything. My treasure is still with you, and how best to serve
Pittsburgh is the question which occurs to me almost every day of my life."
Colonel James Anderson, who Carnegie believes to be his childhood benefactor, established a
public library in his hometown of Allegheny City. This library was the first opportunity for
Carnegie to take advantage of free information, and he developed a vast interest for knowledge,
checking out at least one book a week, and developing himself as a young boy. With Colonel
Anderson's generous contribution to his society molding Carnegie's

Andrew Carnegie Biography Essay
Andrew Carnegie, born November 25, 1835 in Dunfermline, Scotland, was the owner of
Carnegie Steel Corporation; one of the biggest of its kind in the world. Carnegie moved to the
United States at the age of twelve with his parents after his father, a handloom weaver, was
gradually replaced with power looms. Carnegie was from a poor family and could not afford an
education, but he always had access to books and through reading was able to educate himself, at
least a little. Once in America he worked in one of the many factories in Allegheny, Pennsylvania,
making $1.20 a week. After that he managed to find a job as a telegraph messenger. He taught
himself how to send the telegraph messages and eventually became a telegraph operator at the age of
seventeen. Through his life he learned two different things from his parents. His father believed in
helping the less fortunate, from his mother he learned to put himself before anyone else....show more
content...
He also bought stock in an oil company, and a company that made railroad sleeping cars. In 1865
he left the railroad company to start his business. By 1872 Carnegie was traveling to sell bonds to
European investors, and in this time he realized that steel would increase in demand in the
coming years and decided to enter into the steel industry. With his partners, their steel mill
became the most modern of its time. In 1873 to 1879 though there was a business recession in
U.S. By 1880 Carnegie managed to keep his business aloft and it once again thrived as steel came
into demand. His steel company earned millions in revenue. By 1892 he combined three of his
companies and created the Carnegie Steel Company. His salesmanship, talented management team,
and willingness to take risks while everyone else was playing it safe are what allowed him to expand
and prosper so greatly in his business. Add

Was Andrew Carnegie a Hero? Essay
Andrew Carnegie grew up in Dunfermline, Scotland and immigrated along with his family to the
United States in the late 1800s. He worked his way up from being a poor Irish immigrant to
become one of the most famous industrialists that helped transform the U.S steel industry in the
late 19th century. Andrew Carnegie was a hero in many ways. One reason why Andrew Carnegie
was a hero was because of his influences on renovating the American steel industry which helped
create the U.S a world power. Secondly, Andrew Carnegie was a hero is because he helped create
jobs that employed many Americans. Finally, Carnegie was a hero is because he was one of the
most influential philanthropists. First, Andrew Carnegie was a hero because he was the...show more
content...
Many people at the time were living in poverty and there weren't enough jobs that had sufficient
pay to support a family. The steel industry was one that had the highest earning wages. The
average daily wage at the time for iron and steel workers were $1.87, this is far above other
industries that had a smaller amount of pay. Others can argue that because of the bad working
conditions workers faced in the steel industries, Carnegie shouldn't be considered a hero. But isn't
the goal of a business to create more jobs? Carnegie believed that it was proper to have
completion between the rich and the poor because if there wasn't, there would be no individuals
capable enough to provide such jobs to further expand the essential needs of laborer and those of
the economy (Doc 3). When Carnegie sold the Carnegie Steel company to J.P Morgan for $400
Million, the newly named company (U.S Steel) created numerous amounts of jobs employing
168,000 people. Finally, Carnegie should be considered a hero because of his philanthropy
contributions and donations to society. Andrew Carnegie believed that the best way to spend your
fortune was to devote it for the most beneficial results for the community by providing them what
they could not do for themselves (Doc 8). Carnegie spent most of his life gaining immense amounts
of money and becoming one of the richest men of the 19th century. Once he retired, he felt he
needed to use his

The Characteristics Of Andrew Carnegie : A Hero
Heroes come in all different shapes and sizes. Standing only 5'4", Andrew Carnegie was a man of
steel, but with a heart of gold. Carnegie grew up in poverty. He was born in Dunfermline, Scotland,
living in the attic of his father's weaver's shop. At age 12, when his family would soon face severe
poverty, Carnegie's family immigrated from Scotland to Pittsburgh, Pennsylvania, in the United
States. Carnegie grew from a poor, immigrant bobbin boy into a self–made, financially successful
man with heroic traits; he was exceptionally intelligent, honorable, responsible, selfless, caring, and
generous. In 1901, Andrew Carnegie sold his giant steel company for $480,000,000, and gained his
share of $225,000,000, making him the richest man in America. Despite this poor immigrant striking
it rich, his story is not that of the typical rags–to–riches tale. Although extremely prosperous, the
philanthropy of Andrew Carnegie made him a hero for several reasons. Carnegie's heroic qualities,
coupled with his passion and aspiration to become successful, led him to become concerned with the
greater good of society. The philanthropy of Andrew Carnegie made him a hero through the purchase
and renovation of his home in Skibo, Scotland, his philosophy and morals, and the amount and
quality of his distribution of money.
The philanthropy of Andrew Carnegie positively impacted the community in Dornoch Firth,
Scotland by strengthening the economy. To begin with, Andrew Carnegie figured out how to make

How Did Andrew Carnegie Changed The World
Andrew Carnegie was a man of ups–and–downs; many of the events in his life have shaped history,
and have changed the lives of many people. In the following essay I will explain how the life of
Andrew Carnegie changed the world. When Andrew Carnegie was a young boy, about the age of
12, he worked as telegraph boy in a Pittsburgh Office. He was hard worker, and due to this, he
gained free access to the local theatre, which instilled for him a deep love for Shakespeare's work.
After many years of hard work, he gained the attention of Thomas A. Scott, the head of the
Pennsylvania Railroad Company, and was quickly employed. He then began working as a secretary,
making 4.00 dollars per week. Many years later, he began to work to become a

Andrew Carnegie : A Hero
A hero is someone who has concern for others, integrity and intelligence. Andrew Carnegie's
incredible intelligence is overshadowed by his cowardice and lack of concern for his workers. Born
in Dunfermline, Scotland in 1835 to an incredibly poor family that immigrated to America in 1848,
Carnegie began working almost immediately. His brilliance and intelligence brought him local fame
and eventually brought the attention of the general superintendent of the Pennsylvania Railroad and
he was hired to work for the Railroad company. Through years of working in the Railroads, he was
able to become highly successful and managed to become one of the wealthiest men of his time.
Towards the end of his life, Carnegie began donating most of his money to several different
institutions, libraries, universities, etc. However, his venture's into philanthropy were not enough to
consider him a hero, but merely an incredibly successful businessman. Andrew Carnegie was not a
hero in three areas of his life: his use of money, philanthropy, and the treatment of the workers in
his company. The first area in which Andrew Carnegie was not a hero was his use of money.
Carnegie valued complete control over his money and was quite a greedy man. He valued having
complete control over his money, to the point where it was obsessive. In fact, Carnegie once asked
his friend Frank Doubleday how much money he had made in the past month. When Doubleday
replied that he knew his yearly revenue, not his money,

Essay on The Gospel of Wealth, by Andrew Carnegie
In the "Gospel of wealth", Andrew Carnegie argues that it is the duty of the wealthy entrepreneur
who has amassed a great fortune during their lifetime, to give back to those less fortunate. Greed
and selfishness may force some readers to see these arguments as preposterous; however, greed is a
key ingredient in successful competition. It forces competitors to perform at a higher level than their
peers in hopes of obtaining more money and individual wealth. A capitalist society that allows this
wealth to accumulate in the hands of the few might be beneficial to the human race because it could
promote competition between companies; it might ensure health care for everyone no matter their
social standing, and parks and recreation could...show more content...
The company might benefit because it will be able to reinvest the profit and continue making
affordable items, possibly forcing their competition out of business. When Carnegie speaks
about individualism, private property, the law of accumulation of wealth, and the law of
competition, he says "for these are the highest results of human experience, the soil in which
society has so far produced the best fruit" (395). Social classes have different standards of living.
By properly administering wealth, Carnegie becomes the trustee of his poorer brethren's funds.
He believes the wealthy man, with his superior knowledge and experience in financial matters, is
better suited to administer these funds. Carnegie says he would be "doing for them better than
they would or could for themselves" (399). A wealthy person could buy a few acres of land, build
a hospital, and create a hundred jobs in the hospital while creating affordable or free health care.
The wealthy do not have to worry about how much it would cost if they were diagnosed with
pneumonia. They simply take the diagnosis, pay for the treatment, and move on with their lives. A
diagnosis of the same magnitude to a poor person could be life threatening. When Carnegie talks
about
Morris 3 doing better for them that they could or would do for themselves, he touches on two points.
The obvious being "could", meaning they cannot afford to

Biography of Andrew Carnegie Essay
Biography of Andrew Carnegie Andrew Carnegie was born into a poor working class family
living in the town of Dunfermline, Scotland, in 1835. His father operated a small hand looming
business located in the family home. The Carnegies was literate, well read, and active in the
politics of the day. It was a time of repression of the Scottish worker by the Government, the
employers, and the culture. Rebellious in thought as well as actively participating in protests was
part of the Carnegie family life style. He was exposed to all of Scotland's dramatic portrayal of
Scottish Heroes. He learned the poetry and songs that were filled with the heroics of the underdog
and their fight for equality. Andrew Carnegie's mother was the strong parent...show more content...
He had been offered free tickets which enabled him to become acquainted with Shakespeare's
plays. While other young men lives were filled with work, pleasure, and home, Andrew's life was
filled with work, school, drama, and reading. He took advantage of the chance to study in a
private library and then he encouraged other young men to join him. He said, "I knew nothing of
the base and vile. I had always been brought in contact with good people. This was the world in
which I dwelt with my companions, all of them refined young men, striving to improve themselves
and become respected citizens" (Carnegie 65). "I went to school at night and read history and
classics on weekends. Every step of the way–factory drudge, office boy, messenger, I pushed myself
hard, mastered my duties, maximized opportunities, and waited with self–assurance the arrival of the
next chance". There are many theories on why this Scottish immigrant succeeded in the "land of
opportunity". It couldn't be based solely on the fact he spoke English and was literate. He was one
of among thousands of other Scottish immigrants who came to this country searching for economic
opportunity. Louis Hacker expounds on one theory on what drove him, Because of his father's
failure, because of his deep devotion to a mother . . . perhaps more because of the unequal society
from which he had come and which had squandered talent so stupidly, Carnegie

The richest man in the world, in his time, was Andrew Carnegie. His story of success was truly one
of rags to riches. After coming to the U.S. from Scotland as part of a working–class family, he
moved from job to job, eventually becoming more influential and gaining a large sum of money.
Soon he was using his wealth to contribute to many public services, such as libraries and schools.
Andrew Carnegie's life and actions have left a long–standing legacy and have contributed greatly to
the American way of life, particularly toward education. Andrew Carnegie was born on November
25th, 1835 in Dunfermline, Scotland. His father was a hand loom weaver and Chartist. Carnegie
believed in the importance of birthplace. "I was supremely so in...show more content...
It was not long before Andrew had built his own blast furnace, inspired by Bessemer and his
ideas. This was in 1870, and in Braddock in 1874, he had open his steel furnace. Henry Frick was
one of his many partners, although he always wanted to stay in control of his ventures. Carnegie
was also interested in political and social issues, writing a few books including Round the World in
1881, An American Four–in–Hand in Britain in 1883, and Triumphant Democracy in 1886. He was
also a big fan of the educational system in the United States. In June of 1889, an article was
published in the North American Review by Andrew about what he referred to as the "Gospel of
Wealth". In it, he stated that rich people have a duty to use their wealth towards benefiting the
community. In his words, "A man who dies rich dies disgraced.2" In the same year, he made
Henry Frick chairman of the Carnegie Company and then moved to New York to do some
research. He also spent six months with his family in Scotland. In 1892, Frick realized there was
no centralized management for the company and decided to combine everything to form the
Carnegie Steel Company. It was worth $25 million and was the largest steel company in the
world. Frick became greedy and wanted to increase profits, so he lowered employee wages. Workers
began to strike, so Frick hired 300 strikebreakers to resolve the situation. There was a battle that
lasted a day and 60 men were wounded.

Andrew Carnegie's Life During The Progressive Era
During the Progressive Era there was a lot of horrible things happening. There were people that
didn't try to make it easier to live at this time. Those people didn't care who they hurt or took over
to get what they wanted to get more money. Andrew Carnegie is a robber baron and that means he
will do whatever is necessary to be on top. He was born November 25, 1835 in Dunfermline
United Kingdom. when he was 16 he had a friend in scotland and they wrote letter to each other.
Carnegie wrote to him a lot about different things. They discuss how their two countries were so
different in the way that it handles different issues. at that time he was so good at writing letters that
he wrote for the newspaper. When Carnegie was younger he had to

Andrew Carnegie: A Brief Biography
Andrew Carnegie
Andrew Carnegie was a successful steel company owner. Andrew's mentor Thomas Scott helped to
establish his career. The need for steel in construction of his first building project ties him closely to
the steel industry. He built and bought many steel mill and steel related companies. He sold his steel
company for a great profit His mentor Thomas A. Scott was a main influence in his career. Scott
owned many railroads, before he died he gave them to Andrew Carnegie. Andrew met Scott on his
second job. He was working as a railroad telegrapher, when a letter was dispatched to Scott. Scott
hired him to deliver telegraphs to the railroad secretaries, businessmen and the workers. Andrew
Carnegie advanced very quickly in

Andrew Carnegie
Andrew Carnegie was born in Dumferline, Scotland, in November of 1935. His parents were Will
and Margaret Carnegie. He also had a brother, Tom. The main income for the geographic location
where he grew up was weaving linen. The people who engaged in this type of employment
considered this an art since it had relatively unchanged since medieval times. Andrew's father was
one of those craftsmen. Since there had been so little change in this type of work, they were really
caught off guard when machine production came around. For some, this industrialization was good.
The Carnegies were lead to believe that this was the way they should be headed. At first the returns
were good for them, but prices and demand fell, and...show more content...
He hired Carnegie to be his personal telegrapher and to assist him in dispatching trains over the
western division's mountainous main line. Here Andrew was able to really maximize the
opportunity set before him. He did public relations work, observations into how shipments were
made and received, and mastered the controlling of the division's operations. In 1859, Scott was
promoted to vice–president and appointed Carnegie superintendent of the western division. This was
Andrew's big break. His knowledge of operations and innovative thinking pushed him to the top of
his field. From the years1859–1865, Carnegie expanded the road and increased traffic to an all time
high. By doing this, cost per ton–mile fell. This process was his calling. The ability to lower costs.
From there Carnegie learned how to make money without lifting a finger: investing. He also learned
that it didn't matter whose money was being used for the transactions as long as the return exceeded
the cost. It was this type of mentality that led him into investing in sleeping cars, oil companies, and
bridge companies at that time. All of these business adventures were not all successes, though. The
bottom line for him at this time was to invest no matter what. Carnegie also learned that he could
make money off of selling bonds and shares of stock. He had an amazing ability to understand the
working structures of the business world. Nothing could escape him. All of this knowledge seemed
to be

It was 1848 when Andrew Carnegie, one of the wealthiest man in American history, migrated from
Scotland to United States with his family by the age of 13. He came, as most of us, from a low
income family. Ladies and Gentlemen ME, Amanuel, Christy, Parker will be talking about how the
American industrial revolution benefit the American society through creating opportunities to the
unprivileged groups, how it created technology advancement that made production more efficient
and in turn created cheaper products. And finally we will be talking about how the industrial
revolution led to urbanization which also connected countries and lead to the modern America.
According to the Carnegie Cornell College, Andrew Carnegie worked starting from being

Andrew Carnegie Essay

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Andrew Carnegie Essay