Unit 3 Industry & Reform, Obj. #3 US Industrialists

A business leader who: steals from public; pays their workers poor wages under dangerous conditions; exploits natural resources; & ruthlessly drives out their competitors.

• Socialist

• Captain of Industry

• Oligarch

• Robber Baron

A business leader who: serves their nation in a positive way; increases productivity & expands markets; treats their workers well; creates libraries, universities, and museums which still serve the public today.

• Socialist

• Captain of Industry

• Oligarch

• Robber Baron

This Scottish immigrant made his millions in the steel industry. And while spoke in favor of worker's rights at times, his steel workers were often pushed to long hours and low wages. Famous for saying that a "man who dies rich, dies disgraced," he gave away millions to establish nearly 3,000 public libraries across the U.S.

• J.P. Morgan

• Leland Stanford

• Andrew Carnegie

• John D. Rockefeller

After building a successful merchant business in the gold fields of California, he later became one of the "Big Four," a group of individuals responsible for the building of the transcontinental railroad. He was involved in California politics before establishing a Bay Area university in memory of his son.

• J.P. Morgan

• Leland Stanford

• Andrew Carnegie

• John D. Rockefeller

He built his company, Standard Oil, buy ruthlessly driving out his competitors and using horizontal integration. His corrupt business practices were later exposed to the public, resulting in him establishing a foundation that gave millions of dollars to various organizations, including those dedicated to medical research.

• J.P. Morgan

• Leland Stanford

• Andrew Carnegie

• John D. Rockefeller

He was involved in several businesses, including the banking and railroad industries. He was so wealthy that during an economic crisis he loaned the government millions. He later bought a steel company from another industrialist.

• J.P. Morgan

• Leland Stanford

• Andrew Carnegie

• John D. Rockefeller