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Andrew Carnegie and the Rise of Big stemmaAndrew Carnegie was the pi adeptering tycoon of the 19th century. From his companies emerged the steel to pulp the infrastructures such as railroads, bridges, automobiles, and ships that would build a nation in need of direction. He was a study player in the transformation into the Industrial Revolution producing the steel to plant machinery and transportation possible. Carnegie construct his empire from cost control, low prices, low profits, and heights volume to make himself the wealthinesst man in the world. In his philanthropic microscope stage of life, he became the worlds beneficiary to education, as he is responsible for the construction and bribe of thousands of libraries in the U.S., Europe and around the world. Andrew Carnegie is remembered for many accomplishments that include his rise from rags to riches and his influences on the railroad, stock market, and iron and steel industries. Early YearsAndrew Carnegie was born( p) into a very poor family from Dunfermline, Scotland. He moved to the United States with his family in 1848. Carnegie received his first conjecture when he was 13 as a bobbin boy in a cotton mill at a mere $1.20 weekly wage. Carnegies big break came in 1849, when he was hired at the OReilly Telegraph Company. With this job, Carnegie was able to bunco many of the important structures of business, which gave him important knowledge of commercial affairs and the unsanded economy. Carnegies second big break arose when Thomas Scott hired him to be the own(prenominal) telegrapher and secretary. Carnegie gained hands on experience in the railroad when a derailment almost caused heavy stoppage. Carnegie was able to get the railroad moving over again which gave him his first chance to be a leader. In 1859, Andrew Carnegie was appointed super of the Pittsburgh Division at the age of 24. Carnegie was so good at his job that he was able to perfect the system of statistical control all t he same further and introduce new management innovations. From working with the railroad, great qualities were uphill that were to mark his later career. These qualities included, a hard work ethic, ability to cross the details of a business very quickly, and act daring and forceful. newborn Investment Ventures In 1856, Andrew Carnegie was persuaded to buy some stock. He was loaned the money and b... .... This turn into a bad call because of the deaths and injuries made by Fricks envision to bring in strikebreakers. If Carnegie would have gone with his normal action of closing down the plants until a new agreement could be made, Homestead neer would have taken place. Carnegie wouldnt have had to regret this decision the sleep of his life and the press wouldnt have criticized him the rest of his life.In conclusion, Andrew Carnegie is one of the greatest entrepreneurs that have ever lived. He was a Schumpeteran entrepreneur that changed the pour out of the allocation of resour ces over time by introducing new departures into the flow of sparing life by creating the modern iron and steel industry. He touch on a standard that no other industrialists could match. He made one thousand thousand after a million, learning and preparing to make even more money. He loved to make money but was unlike John D. Rockefeller or Cornelius Vanderbilt. Carnegie believed in making the most of his money, so he gave millions of dollars to different institutions and built many structures for people to learn. Andrew Carnegie will always be remembered as ample as time passes as a philanthropist, businessman, and a great man.