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Andrew Carnegie

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Andrew Carnegie:

Andrew Carnegie was born on November 25, 1835, in Dunfermline, Fife, Scotland. As a young kid his parents believed in books and education. As a young adult he wanted to make money, so he got a job as a factory worker when his family moved to Pennsylvania in 1848. A year after that, he got a different job as a telegraph messenger. Wanting to go further he became a telegraph operator. He then got a job on the railroad as an assistant and telegrapher. Carnegie began to make many investments, one of these was oil. He then began becoming interested in steel. He soon opened up his own business called Carnegie steel company. He revolutionized the steel industry as we know it. He began building steel plants all over the country. Using new technology and new methods he was able to mass produce steel. He was so successful because he had everything he needed, raw material, ships, and railroads. http://www.biography.com/people/andrew-carnegie-9238756#early-life Carnegie treated his workers poorly. Since steel was cheap, that meant that his workers suffered. The workers had lower wages due to this. The steel was cheap so he couldn’t really pay his workers fairly. Also job security was an issue, people would be there for a little, then he would get new people. The workers never really knew when they would be laid off or if they had a job, no one really knew. http://www.pbs.org/wgbh/amex/carnegie/sfeature/mf_flames.html When Carnegie was younger, he spent his money buying out other steel companies. He was the richest man in the world in 1901. When he retired, he started to give his money away. He wanted to give his money away for good causes; he wanted to become a philanthropist. One thing he gave his money to was to open up an institute. http://www.americaslibrary.gov/aa/carnegie/aa_carnegie_phil_1.html When…...

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