USA HISTORY

Detailed explanation-1: -These include people such as Cornelius Vanderbilt, Andrew Carnegie, Andrew Mellon, Leland Stanford and John D. Rockefeller. The education division of the National Endowment for the Humanities has prepared a lesson plan for schools asking whether “robber baron” or “captain of industry” is the better terminology.

Detailed explanation-2: -Andrew Carnegie He built his fortune by investing in the steel industry and became the owner of Carnegie Steel Company, which by 1889 was the largest steel company in the world. Despite some criticism of how some workers at Carnegie Steel were treated, Carnegie himself was extremely active in terms of philanthropy.

Detailed explanation-3: -Bill Gates, A Captian of Industry in America. working in global health. in the world. $1 billion every year.

Detailed explanation-4: -John D. Rockefeller made his immense riches from monopolizing America’s oil industry. Conspiring with refinery owners, he helped found what became known as the Standard Oil monopoly.