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Captain of Industry or Robber Barons - Coggle Diagram
Captain of Industry or Robber Barons
Andrew Carnegie
Early 1870s Near Pittsburg
Steel Industry
He exploited his workers subjecting them to long hours, a dangerous workplace, and low pay.
He was both a captain of industry and a robber baron
John D. Rockefeller
He was in the standard oil industry
his Business techniques were Vertical integration and buying out his competition
late 1870s in Western Pennsylvania
He treated his workers with fairness and generosity
Captain of industry
George Pullman
He cut jobs and wages and increased working hours when manufacturing demand fell off. He also founded a company town for his workers.
He was both a robber baron and captain of industry
Pullman became president of the newly launched Pullman Palace Car Company. The company grew steadily during the next two decades.
Industry: Pullman sleeping car
Cornelius Vanderbilt
He was known as a business magnate and Shipping and railroad tycoon. The pullman Company was founded in 1867, in Pullman, Illinois
During the 1930s, he built profitable shipping lines in the New York Region, undercutting competitors' fares. He participated in Fare Wards
Cornelius Vanderbilt apparently treated his employees badly, offering them very low wages and poor working conditions. Vanderbilt was perceived by his contemporaries as a ruthless character who spent too little time worrying about people's perception about him.
He was a robber baron.