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Published byMarianna Morrison Modified over 9 years ago
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US HISTORY: SPICONARDI Captains of Industry and Robber Barons: Business Tycoons
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Captains of Industry Positive term used to describe business leaders whose methods and means to amassing wealth contributed positively in some way to the country by providing more jobs, expanding markets or philanthropy. Philanthropy actions that improve the well-being of humanity through charitable aid or donations. Comes from the Greek Philos = Loving Anthropos = humankind
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Robber Barons Negative term used to describe business leaders who gained their riches at the expense of the poor and the working class or by using unfair business practices or anti-competitive means.
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Andrew Carnegie
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J.P. Morgan
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John D. Rockefeller
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