https://padlet.com/1766998/xpfv5ojra3pq Andrew Carnegie en-us 2017-12-21 15:33:31 UTC 2017-12-21 16:36:59 UTC hello@padlet.com 1766998 https://padlet.com/1766998/xpfv5ojra3pq/wish/217731942 Andrew Carnegie was born in 1835 in Dunfermline, Scotland. After a failed government takeover, his parents moved them to the Americas making him a Scottish immigrant. He was a poor boy and started with a bad job. He worked his way up the job latter starting in Pittsburg, which was where his family lived in the Americas. ]]> 2017-12-21 15:44:51 UTC https://padlet.com/1766998/xpfv5ojra3pq/wish/217731942 1766998 https://padlet.com/1766998/xpfv5ojra3pq/wish/217732915 He produced steel. It was made by the changing of iron to steel. It had been scarce and expensive but that changed when the Bessemer process made steel production easier and America produced much more at a cheaper price.]]> 2017-12-21 15:48:36 UTC https://padlet.com/1766998/xpfv5ojra3pq/wish/217732915 1766998 https://padlet.com/1766998/xpfv5ojra3pq/wish/217735871 The first notable income began when his boss at the railroad company informed him about the sale of shares, causing him to invest. This led to his interest in many industries. Carnegie used a strategy called vertical integration where he controlled all aspects of the steel industry. He mined the iron, treating it, and made it into the steel he was selling. He had power over the whole steel making process. This made the costs of steel cheaper and meant more profits.]]> 2017-12-21 16:00:34 UTC https://padlet.com/1766998/xpfv5ojra3pq/wish/217735871 1766998 https://padlet.com/1766998/xpfv5ojra3pq/wish/217737239 Carnegie sold his steel business to JP Morgan. He received 400 million dollars from this deal. Not wanting to be looked down upon, he donated 350 million to charity, pensions, and libraries.]]> 2017-12-21 16:06:50 UTC https://padlet.com/1766998/xpfv5ojra3pq/wish/217737239 1766998 https://padlet.com/1766998/xpfv5ojra3pq/wish/217738100 -He was not a fan of trusts
-Social Darwinism suggested Carnegie was at the top because he was the most fit to run the industry]]> 2017-12-21 16:11:05 UTC https://padlet.com/1766998/xpfv5ojra3pq/wish/217738100 1766998 https://padlet.com/1766998/xpfv5ojra3pq/wish/217741171 “Andrew Carnegie's Story.” Carnegie Corporation of New York, www.carnegie.org/interactives/foundersstory/#!/.

“Module Six Lesson One Notes.” The Industry Comes of Age, ncvps.instructure.com/courses/10238/discussion_topics/602439/submit.

“Chapter 2 Essay- Andrew Carnegie - Mr. Sorrow's US History Class.” Google Sites, sites.google.com/a/woodward.edu/mr-sorrow-s-us-history-class/student-blogs/2014/3rd-period/student-06/chapter2essay-andrewcarnegie.]]> 2017-12-21 16:25:09 UTC https://padlet.com/1766998/xpfv5ojra3pq/wish/217741171 1766998 https://padlet.com/1766998/xpfv5ojra3pq/wish/217743129 2017-12-21 16:34:16 UTC https://padlet.com/1766998/xpfv5ojra3pq/wish/217743129