USA HISTORY

Detailed explanation-1: -Carnegie helped with steel, Rockefeller with oil, and Morgan with banking. They all were captains of industry in their own way and they all played a big role in revolutionizing the way things currently function.

Detailed explanation-2: -"Robber baron” is a term used frequently in the 19th century during America’s Gilded Age to describe successful industrialists whose business practices were often considered ruthless or unethical. Included in the list of so-called robber barons are Andrew Carnegie, Cornelius Vanderbilt, and John D. Rockefeller.

Detailed explanation-3: -Carnegie, Rockefeller, Morgan, and Vanderbilt all had something in common, they were all “Robber Barons, ” whose actions would eventually lead to the corruption, greed, and economic problems of Corporate America today.

Detailed explanation-4: -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-5: -As the wealthiest men in the country at the turn of the 20th century, Carnegie and Rockefeller embarked on huge, independent philanthropic efforts. Each gave away hundreds of millions of dollars in the last decades of his life. And each endowed a foundation that is still a philanthropic force.