https://padlet.com/vmesmer16/aa16r542bpsz "Captain of Industry" or "Robber Baron"? en-us 2017-01-04 03:32:18 UTC 2017-01-13 03:51:33 UTC hello@padlet.com vmesmer16 https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193442 Born in Scotland in 1835, Andrew Carnegie was expected to take over his father's business as a weaver. However, the appearance of the Industrial Revolution made for a change of plans. The introduction of steam-powered looms did away with the need for weavers. This change brought about a time of poverty for Carnegie and his family. It was then that Andrew became set on the idea of earning one's keep, not having it handed to one on a silver platter through inheritance. To provide for himself, Carnegie invested in the steel industry. His success in this area led to him becoming one of the richest men in the business world at the time. He eventually died in August of 1919 in Massachusetts.]]> 2017-01-04 03:36:29 UTC https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193442 vmesmer16 https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193486 Steel production is when iron's "impurities" are removed, and it becomes highly refined. This leads to a stronger, more reliable metal. By the year 1900, the Carnegie Steel Corporation produced more of the product than all of Great Britain. One major rival of Andrew's was J.P. Morgan, who owned J.P. Morgan & Company.]]> 2017-01-04 03:37:21 UTC https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193486 vmesmer16 https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193503 Andrew Carnegie made a large portion of his money through his steel company, Carnegie Steel. After founding the company in 1892, his business proceeded to produce more steel than all of Great Britain. Another large source of wealth for him came in 1901 when he sold Carnegie Steel to J.P. Morgan for $480 million. Though he was wealthy, Carnegie spent a generous amount of giving back to his community.]]> 2017-01-04 03:37:47 UTC https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193503 vmesmer16 https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193519 Andrew Carnegie was anything but selfish. When he sold his steel business to J.P. Morgan for $480 million, he became one of the richest men in the world. However, Carnegie did not know how one person could spend that much money. Ergo, he put it towards other people. During his lifetime, he gave away a whopping $350 million to his community. This money provided roughly 2,500 public libraries, as well as other institutions for learning (he established the Carnegie-Mellon University in 1904), due to the fact that Carnegie was not a fan of charity. He simply put his money towards things people could use to better themselves.]]> 2017-01-04 03:38:08 UTC https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193519 vmesmer16 https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193534

Andrew Carnegie went from being extremely poor to one of the wealthiest men in the entire world.

He married Louise Whitfield, and he had a daughter named Margaret Carnegie.

Carnegie ended up dying due to bronchial pneumonia.

]]> 2017-01-04 03:38:32 UTC https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193534 vmesmer16 https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193613 "The first man gets the oyster, the second man gets the shell."
-Andrew Carnegie]]> 2017-01-04 03:40:59 UTC https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193613 vmesmer16 https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193750 "Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community."
-Andrew Carnegie]]> 2017-01-04 03:44:21 UTC https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193750 vmesmer16 https://padlet.com/vmesmer16/aa16r542bpsz/wish/145193840

"Andrew Carnegie Fun Facts." Quora.com. N.p., n.d. Web. 03 Jan. 2017.

"Andrew Carnegie." PBS.org PBS, n.d. Web. 03 Jan. 2017.

"Andrew Carnegie Quotes." BrainyQuote.com. Xplore, n.d. Web. 03 Jan. 2017.

"Article: How Is Steel Made from Iron? Print." How Is Steel Made from Iron? | Discovery Kids. N.p., n.d. Web. 03 Jan. 2017.

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