carn: hard worker
A captain of industry is defined as a business leader that benefits the nation in a positive way. This includes increasing the availability of goods, creating more and new jobs, and donating money to benefit the well being of the people. Andrew Carnegie was born in Dunfermline, Scotland in 1835. His father, Will, was a failing weaver. Leaving Scotland poor, his mother wanted to return in a carriage as a wealthy well-respected woman of importance. This drove Andrew to become successful by amassing wealth in the steel industry. He came from a poor family and had little formal education. When the Carnegies immigrated to America in 1848, Andrew was determined to bring prosperity to his family. He worked many small jobs, which included working for the Pennsylvania Railroad where he first recognized the importance of steel. With this recognition, he resigned and started the Keystone Bridge Company in 1865. He built a steel-rail mill, and bought out a small steel company. By 1888, he! had a large plant, which provided many jobs in the United States. His steel company grew until it made him the wealthiest man in the world. His wealth was abundant and he believed that "one who dies rich...dies disgraced," because of this he donated much
He only wanted to help those people who coul!d help themselves. if someone owed him a penny he wanted it, if he owed a penny he wanted the other person to have it, and once he found the cost to make a product he wanted to find ways to make more products for the same amount of money. The way Carnegie ran his business, donated his money, and worked hard to try and make the world a better place prove that he was a true captain of industry. The steel industry made Carnegie a very wealthy man and with this wealth, believing "One who dies rich. The way he handled workers, cut costs, and used vertical integration proved he knew how to run his business in the steel industry to perfection. Carnegie was against giving the money to heirs who would become too dependent on it. Carnegie's steel and iron were used all over the United States to build various things. His final decision was that the individual who owned money should rely on his own intelligence and personality to distribute the money. Carnegie's company was so strong that it kept buying, building, and expanding while other companies went out of business. His motto was !"Watch the costs, and the profits will take care of themselves. dies disgraced," he donated his money to various causes benefiting society. Andrew Carnegie financed about 2, 800 libraries and other educating institutions such as colleges and universities. Carnegie's goals were to have an efficient way of tracking money, i.
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