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Andrew Carnegie By: Morgan Wheelwright. Early Life  He was born on November 25, 1835 in Dunfermline Scotland  His father was a handloom weaver, and.

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Presentation on theme: "Andrew Carnegie By: Morgan Wheelwright. Early Life  He was born on November 25, 1835 in Dunfermline Scotland  His father was a handloom weaver, and."— Presentation transcript:

1 Andrew Carnegie By: Morgan Wheelwright

2 Early Life  He was born on November 25, 1835 in Dunfermline Scotland  His father was a handloom weaver, and his mother did sewing work for shoelace companies  Andrew had one older brother  Him and his family moved to American in 1848  Carnegie’s academic career ended in Scotland, and when he arrived in America he began work in a cotton factory  He was born on November 25, 1835 in Dunfermline Scotland  His father was a handloom weaver, and his mother did sewing work for shoelace companies  Andrew had one older brother  Him and his family moved to American in 1848  Carnegie’s academic career ended in Scotland, and when he arrived in America he began work in a cotton factory

3 Road to Riches  Got a job as a secretary and telegraph operator for the superintendent of the Pittsburgh division of the Pennsylvania Railroad  In 1859 he became the new superintendent, and while holding this title made wise investments in coal, iron, and oil companies, along with a manufacturer of railroad sleeping cars  He expanded his railroad investments to discover companies such as the iron bridge building company, and the telegraph firm  In the 1870’s he cofounded his first steel company near Pittsburgh  Got a job as a secretary and telegraph operator for the superintendent of the Pittsburgh division of the Pennsylvania Railroad  In 1859 he became the new superintendent, and while holding this title made wise investments in coal, iron, and oil companies, along with a manufacturer of railroad sleeping cars  He expanded his railroad investments to discover companies such as the iron bridge building company, and the telegraph firm  In the 1870’s he cofounded his first steel company near Pittsburgh

4 Captain of Industry or Robber Baron?  Andrew Carnegie was a Captain of Industry  He came from a poor lifestyle, but made something of himself  Was hard working to get to become one of the wealthiest men of all time  He funded many public facilities  Andrew Carnegie was a Captain of Industry  He came from a poor lifestyle, but made something of himself  Was hard working to get to become one of the wealthiest men of all time  He funded many public facilities

5 From Rags To Riches  He was born into a poor family from Scotland  Moved to America with his family in search of greater economic opportunities  He began working as a bobbin boy at a cotton factory making 1.20 dollars per week  He eventually gained other more prestigious jobs that allowed him to advance to a successful business man  He is now considered one of the most wealthy men of all time  He was born into a poor family from Scotland  Moved to America with his family in search of greater economic opportunities  He began working as a bobbin boy at a cotton factory making 1.20 dollars per week  He eventually gained other more prestigious jobs that allowed him to advance to a successful business man  He is now considered one of the most wealthy men of all time

6 A Hard Working Man  He got his first job at the age of 13  He worked hard to get better jobs with a higher pay  Some owners hired him based on his speed and consistency  While working low end jobs, he observed his bosses and gained valuable experience to help him gain his money  He got his first job at the age of 13  He worked hard to get better jobs with a higher pay  Some owners hired him based on his speed and consistency  While working low end jobs, he observed his bosses and gained valuable experience to help him gain his money

7 Giving Back to His Community  “The rich have a moral obligation to distribute their money in ways to promote the welfare and happiness of the common man” – Andrew Carnegie  He funded over 2500 public libraries  Organized the donation of over 7600 organs to churches all over the world  Established many organizations dedicated to science, education, and world peace  Also, donated a 1.1 million dollars to Carnegie Hall in New York City  “The rich have a moral obligation to distribute their money in ways to promote the welfare and happiness of the common man” – Andrew Carnegie  He funded over 2500 public libraries  Organized the donation of over 7600 organs to churches all over the world  Established many organizations dedicated to science, education, and world peace  Also, donated a 1.1 million dollars to Carnegie Hall in New York City

8 Reasons For Being a Robber Barron  The incident in Homestead Pennsylvania  Made a lot of money yet never increased he wages of his employees  He owned a monopoly  The incident in Homestead Pennsylvania  Made a lot of money yet never increased he wages of his employees  He owned a monopoly

9 Rebuttal  He was not present when the incident at Homestead occurred, it was in fact the manager Henry Frick that handled the situation so poorly  “Carnegie did not enjoy being the bad guy, the villain, Frick didn’t seem to mind: - David Nasaw (Carnegie Biographer)  He may not have increased wages, but by the end of his life he donated almost all of it back to various great causes  He owned all parts of the steel making process, but no one else had invented those systems yet so if he did not he would not be able to create steel  He was not present when the incident at Homestead occurred, it was in fact the manager Henry Frick that handled the situation so poorly  “Carnegie did not enjoy being the bad guy, the villain, Frick didn’t seem to mind: - David Nasaw (Carnegie Biographer)  He may not have increased wages, but by the end of his life he donated almost all of it back to various great causes  He owned all parts of the steel making process, but no one else had invented those systems yet so if he did not he would not be able to create steel

10 End of Life  At age 51 he married Louise Whitfield  They had one child in 1897 named Margaret  The Carnegie’s lived in a mansion in Manhattan and spent the summers in Scotland  He died at age 83 on August 11, 1919 in Lenox Massachusetts  Was buried at Sleepy Hollow Cemetery in North Tarrytown New York  At age 51 he married Louise Whitfield  They had one child in 1897 named Margaret  The Carnegie’s lived in a mansion in Manhattan and spent the summers in Scotland  He died at age 83 on August 11, 1919 in Lenox Massachusetts  Was buried at Sleepy Hollow Cemetery in North Tarrytown New York

11 Works Cited "Andrew Carnegie." History.com. A&E Television Networks, n.d. Web. 18 Oct "Andrew Carnegie." History. N.p., n.d. Web. 20 Oct "Andrew Carnegie Biography." Bio.com. A&E Networks Television, n.d. Web. 20 Oct "Robber Barons or Pioneers in American Business?" Business Insurance Quotes Compare Providers for Free RSS. N.p., n.d. Web. 20 Oct "Andrew Carnegie." History.com. A&E Television Networks, n.d. Web. 18 Oct "Andrew Carnegie." History. N.p., n.d. Web. 20 Oct "Andrew Carnegie Biography." Bio.com. A&E Networks Television, n.d. Web. 20 Oct "Robber Barons or Pioneers in American Business?" Business Insurance Quotes Compare Providers for Free RSS. N.p., n.d. Web. 20 Oct


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