Thursday, November 13, 2014

"How The Tycoons Became So Rich"

   
                                                      "How The Tycoons Became So Rich"

      In my opinion I think the most important aspects of Carnegie's was important for them was to make a lot of profit. Who where the tycoons and how did they get so wealthy? The had a mind set for business they also had bad ethics which were bad for the consumers. The also attempted to control through vertical integration as much as possible, buying all the coal, iron, mines, railroads and more. What is a robber baron? is a ruthlessly powerful U.S. capital or industrialist considered to have become wealthy by exploiting natural resources. Like Rockefeller, Carnegie, Vanderbilt, Morgan. What is a social Darwinism and why would
Thomas Clark Durant made fortune of 16 million by monopolizing traffic in California.http://goo.gl/19ZN8b
rich men like the Darwinism philosophy. Darwinism described how species flourished and passed their traits on to a next generation while the other did not like it because they thought being rich was a sign of gods favor and being poor a sight of being lazy or inferior.
Cornelius Vanderbilt built         himself a fortune by selling most of his ships to the union navy and started his career of a railroad tycoon. Became the richest man in the whole world.http://goo.gl/Z7vd7K

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