Ninteenth Century Entrepreneurs essays

Ninteenth Century Entrepreneur's essays Were the nineteenth century entrepreneurs robber barons? The answers have differing opinions as to who is answering them. One thing is for certain though, the big business entrepreneur's did make decisions to increase their profits but on the other hand their decisions often promoted economic growth, which created new jobs. The industrial leaders of the late nineteenth century were virtually untouchable by laws and regulations of America. These business leaders generally influenced the law makers of our country. Often the American Congress were more partial to the big business in hopes of receiving kick backs for favorable voting for laws helping the corporations. Thus the phrases Rich mans club and the House of Dollars came about The business men who controlled the big corporations lived a lifestyle that was on total polar opposite worlds of the common industrial worker. John D. Rockefeller was estimated to be worth $815,647,796.89 in 1892, and Andrew Carnegie averaged $7,500,000 a year from 1889 to 1899. This disparity in income did not go over to well Americans in the late nineteenth century for the most part still believed in individualism, so when big business leaders started controlling the lives of thousands of people they saw it as a shot at American heritage. Also with the strength and influence of the large corporations, competition of the small businesss in the market economy was On the other hand, big businesses did stimulate the economy which created more jobs for the common man. Goods and products that were mass produced came with lower price tags therefore allowing more people to buy them. This increase in buying power led to a better lifestyle for many Americans. The development of the big corporat ...