USA HISTORY

Detailed explanation-1: -His family arrived in the United States penniless, but by the end of the Gilded Age, Andrew Carnegie had amassed an unimaginable fortune. As the nation rapidly industrialized, Carnegie cornered the market on steel-the material needed to build the railroads that fueled the boom.

Detailed explanation-2: -Andrew Carnegie (1835–1919) was a Gilded Age industrialist, the owner of the Carnegie Steel Company, and a major philanthropist. He epitomized the Gilded Age ideal of the self-made man, rising from poverty to become one of the wealthiest individuals in the history of the world.

Detailed explanation-3: -The Gilded Age was a period of rapid industrialization in America from 1865-1898. It was characterized by the extreme wealth of a few individuals, while many others lived in poverty. This era is often associated with political corruption and exploitation of immigrant labor.

Detailed explanation-4: -Rockefeller, Cornelius Vanderbilt, Henry Ford, and Andrew Carnegie would by today’s standards be measured in the hundreds of billions of dollars-far more than tech giants like Elon Musk, Bill Gates, Mark Zuckerberg, and even Jeff Bezos, the wealthiest individual in the world as of 2019.