Industrial Revolution: Key Figures, Labor, and Immigration
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Industrial Revolution:
Key Figures
Andrew Carnegie:
- U.S. Steel
- Pennsylvania
- Sold company
- Gave 80% of fortune to educational, cultural, and scientific foundations
- Donated $350M to 2,500 public libraries, universities, and other foundations
- Improved workers' conditions
- Workers were previously treated poorly with low wages, paid for output, not hours
- Carnegie's Gospel of Wealth: Help those who will help themselves
John D. Rockefeller:
- Oil business
- Ohio
- Acquired competitors
- Christian family: Taught to give to charity
- Half of wealth used for public education through philanthropic efforts: building universities (University of Chicago), libraries, and art education
- Workers treated fairly, fostering a sense of belonging in the “Standard Oil Factory”
