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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sergeants of surplus/barons robbers
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Officers of opulence/thief tricksters
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trickster thieves/commander of capitalism
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captains of industry/robber barons
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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: -Robber barons were seen to be negative forces in the society; ruthless businessmen solely concerned with personal benefit, whereas captains of industry are transformative leaders generating great industrial strength and benefit to the society.
Detailed explanation-3: -people saw them as Captains of Industry because they were inventive, hardworking and led the way in the rise of American business.
Detailed explanation-4: -Entrepreneurs are addressed as captain of industry as they are kind-hearted businessmen who use their capital to give the best products to society.