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Andrew Carnegie John D. Rockefeller J.P. Morgan. Andrew Carnegie (1835-1919) A Scottish-American industrialist who led the enormous expansion of the American.

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Presentation on theme: "Andrew Carnegie John D. Rockefeller J.P. Morgan. Andrew Carnegie (1835-1919) A Scottish-American industrialist who led the enormous expansion of the American."— Presentation transcript:

1 Andrew Carnegie John D. Rockefeller J.P. Morgan

2 Andrew Carnegie ( ) A Scottish-American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He was among the most famous and wealthy industrialists of his day.

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4 Andrew Carnegie controlled every aspect of steel production:  Shipping on the Great Lakes  Railroad transportation  Storage and production facilities Carnegie Steel produced more steel than any country in the world

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6 John D. Rockefeller An American business magnate and philanthropist. He was a co-founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. ( )

7  Originally Standard oil controlled the kerosene (used for lights and street lamps) market.  When electricity replaced kerosene for lights Standard oil switched to gasoline to power internal combustion engines in machines and automobiles.

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10 J.P. Morgan An American financier, banker, philanthropist and art collector who dominated corporate finance and industrial consolidation during his time. He bought the Carnegie Steel Company in 1901 for $500 million to create U.S. Steel. ( )

11 J.P. Morgan dominated the financial world.  He bought struggling companies and merged them to create industrial giant that dominated markets.  Financed and organized the General Electric Company.  Purchased Carnegie Steel and merged it with several other companies to create U.S. Steel  Controlled numerous railroad companies  In 1890–1913, J.P. Morgan was involved in 42 major corporations.

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15 Carnegie Hall – New York City Rockefeller Center – New York City Morgan Library– New York City


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