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Created with Fabric.js 1.4.5 your artboard CAPTAINS OF INDUSTY? OR ROBBER BARONS? The Industrial Greats, and some of the most well known of their time, Gould, Rockefeller, Carnegie, and Morgan, all created names for themselves on economic and political stages, through their businesses.While they contributed to the American economic system,each also had their areas of corruption giving them the name of Jay Gould J.P. Morgan double click to changethis text! Drag a cornerto scale proportionally. Sherman Antitrust Act of 1890 was caused by opposition of largecorporations having large economic power. The Sherman Act dissolved the Standard Oil Company in 1891.But left Rockefeller still with millions... Creator of the Standard Oil Companyin 1870, became the first industrialized monopoly in the world. And rose to power by threatening to remove smaller oil industries out of business through extortion and creating trusts.His success in oil prompted people to worry about the rise of corporations and monopolies but also appeal to him for his wealth. John D. Rockefeller Andrew Carnegie He gained much of his wealth from financing failing railroads and getting stock in return, also helped organize U.S. Steel and General ElectricThe people believed he had too much power and that he was manipulating the US government for his own personal gain He collected a large amount of artwork, a collection which he donated to the Metropolitan Museum of ArtHe also donated vast amounts of money to the American Museum of Natural History, and had a large interest in theology J.P Morgan financed the American government out of bankruptcy once in 1895, and a second time during the Panic of 1907Both events gave him political influence and further made him an economic and political figure in America double click to changethis text! Drag a cornerto scale proportionally. double click to changethis text! Drag a cornerto scale proportionally. Robber Barons. Rockefeller used millions to benefit society through philanthropic ways such as kick starting medical research, focusing on higher education for blacks, founded research universities which helped for overall improvement of international health.
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