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Wednesday, September 25, 2013

Andrew Carnegie and the Rise of Big Business by William Olsen

Andrew Carnegie and the Rise of Big Business written by Harold C. Livesay, is a narrative composition of Andrew Carnegies life as a mankind of affairs that Chronicles the events on his life as a scant(p) bobbin son to pose later the worlds richest man and his slipway of doing business. This account gives insight into how a son went from rags to riches Andrew Carnegie was natural in Dunfermline, Scotland. Because of a decline of weavers and the rise of textile factories, the Carnegie family travel to the coupled States. Andrews father took a job at the Blackstock like Mill, piece young Andrew embark oned as a bobbin boy at the same mill. A year later he took a job as a telegraph courier boy; from there he got his next job at a aimroad, and from here on his career started to rise. He real a good sense for stocks and bought his first at the time of twenty. He invested in railroad lines, oil, iron, and the railroad sleeping car which he invested and pushed for the rail lin es. Andrew Carnegie had a perfect sense for the new technological path the States was heading in. He capitalized on his experience by investing in the raw materials and inventions that would cause America to become the industrial leader of the world.
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By 1900 American had thence become the industrial leader of the world, and it was not by luck. The start of American industrialisation began with the peaceable Railroad Act of 1862, which clear the construction of the transcontinental railroad. The Union Pacific and Central Pacific Railroads were joined unneurotic to form the first transcontinental railroad in may of 1869 when railroad executives drove a favourable spike into the und erseal at Promontory Point, Utah in fellows! hip to marry the two railroads. It not... If you want to get a full essay, order it on our website: OrderEssay.net

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