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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a powerful industrialist who uses his wealth to build factories and create jobs.
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a powerful industrialist who steers a ship
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A hardworking supervisor in a large factory
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a powerful industrialist who uses his wealth to control prices and wages for workers.
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Detailed explanation-1: -Captains of Industry and Robber Barons The wealthy elite of the late 19th century consisted of industrialists who amassed their fortunes as so-called robber barons and captains of industry. Both can be defined as business tycoons, but there was a significant difference in the way they made their fortunes.
Detailed explanation-2: -: someone who owns or manages a large, successful business or company.
Detailed explanation-3: -Some of the most famous include Andrew Carnegie, Invar Kamprad, and Bill Gates. Andrew Carnegie is frequently cited as one of the first great captains of industry in the Industrial era.
Detailed explanation-4: -Andrew Carnegie: A Captain of Industry Andrew Carnegie, a Gilded Age industrialist, was a captain of industry, because he expanded the American steel industry through hard work, becoming one of the richest people in history, and then donated about 90% of his fortune in an attempt to improve society.