USA HISTORY

Detailed explanation-1: -In the 19th century, a captain of industry was a business leader whose means of amassing a personal fortune contributed positively to the country in some way. This may have been through increased productivity, expansion of markets, providing more jobs, or acts of philanthropy.

Detailed explanation-2: -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-3: -Rockefeller, Andrew Carnegie, J.P. Morgan and Henry Ford, industrialists who amassed their fortunes as so-called robber barons or captains of industry.

Detailed explanation-4: -robber baron, pejorative term for one of the powerful 19th-century American industrialists and financiers who made fortunes by monopolizing huge industries through the formation of trusts, engaging in unethical business practices, exploiting workers, and paying little heed to their customers or competition.