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Political and economic situations have a great influence on the life of every person. America in the late 1800s was the country of great possibilities and people who were born in poverty were able to create their own business and become millionaires in a short time. After the Industrial Revolution, big businesses were getting bigger and large corporations made a heap of money, thus, business owners became very rich.
Andrew Carnegie is one of those who managed to go the hard way from poverty to wealth. He was born in a very poor family and had to work since childhood. That time the labor of young children was legal and boys and girls worked in unhealthy conditions for little pay as long as older workers did. At the age of 13, Carnegie had to work in a factory, earning just $1.20 per week. Later he worked as a telegraph messenger. He did his job ideally and that is why he moved up to the telegraph operator position. In 1853, Carnegie got the job at the Pennsylvania Railroad where he received the needed experience. There he learned about the secrets of running a business in general and about the pitfalls of the railroad industry in particular. His way to the luxury life started.
At the end of the 19th century, inventors continued creating new ways of making life easier and increasing productivity at the same time. Carnegie kept pace with his times and founded the Carnegie Steel Company that revolutionized the steel production in the U. S.A. He used new methods and technologies that made manufacturing steel faster, easier and more productive. As a result, Carnegie took the dominant position in the industry and became an exceedingly wealthy businessperson. His company played a vital role in fuelling the economy and shaping the nation we know today.
Carnegie was a philanthropist and spent over 90 percent of his fortune on charity. His example influenced of the decision of other wealthy people to donate non-profit organizations.
Andrew Carnegie is a prominent figure. His outstanding performance of the mind, working capacity, strength of will and kind heart made people of his generation admire him and be proud of that they were his contemporaries. To pay homage to Andrew Carnegie, a postage stamp was created.
In the late 1800s, the railroads were of supreme significance and played a vital role in trade throughout the United States. Carnegie contributed to the opening of new railway lines in Washington. Also, he personally supervised the transportation of troops that were defeated at Bull Run. He played a vital role in the victory of the Union in the Civil War. After the war, he was occupied in metallurgical industry and worked on the creation of several new types of iron.
Andrew Carnegie’s contribution to the development of industry and economy of the U.S.A. can not be underestimated.
