THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Their generous charities helped foster a system of social welfare in the United States.
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Their donations to the arts encouraged an increase in the U.S. tourism industry.
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Their entrepreneurship helped the United States become a world industrial power.
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Their focus on foreign trade encouraged the movement of U.S. companies abroad.
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Detailed explanation-1: -Andrew Carnegie and John D. Rockefeller were two of the most noteworthy entrepreneurs in US History during the Industrialization era. Each of them had their own particular manners of keeping their organizations on top and prevailing.
Detailed explanation-2: -Many so-called robber barons-James J. Hill, Andrew Carnegie, Cornelius Vanderbilt, and John D. Rockefeller-became wealthy entrepreneurs through product innovation and business efficiency.
Detailed explanation-3: -Vanderbilt was one of the first to see how railroads could change how goods are shipped, creating the model for our modern railroads. Carnegie created the process for mass-producing steel, which allowed large buildings to become a reality. Rockefeller discovered a way to refine oil that set the worldwide standard.
Detailed explanation-4: -Rockefeller and Commodore Vanderbilt were both powerful businessmen of their time. They both dominated the markets that they were in, and they brought innovation and efficiency to their trades. Both entrepreneurs used hard work to break into their markets and become some of the most successful businessmen of history.