Robber Barons: Gates, Carnagie, Rockafeller, Vanderbilt
Robber Barons
The robber barons of the early industrial age, and one modern day baron have been accused of creating monopolies over several different areas. The four barons focused upon are Cornelius Vanderbilt, Andrew Carnegie, Rockefeller, and Bill Gates. They have all created monopolies over their respected industry. These monopolies eliminated all opposition and left consumers with only one choice.
First off is Cornelius Vanderbilt, he built his business with the New York railways. He built the New York Central System by the 1850's, he also produced the largest steamboat fleet in the United States at that time. He created the New York Central from three smaller railroads which he purchased, the expanded from New York City to Buffalo. Eventually his railroads connected all the way through to Chicago in under four years of being in the business. Not only did he run a very large rail system but also became the first to use several different techniques. One was the......
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Approximate Word Count: 859
Approximate Pages: 4 (250 words per double-spaced page)
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