Andrew Carnegie Essay Example

Andrew Carnegie Essay Example Andrew Carnegie Essay Andrew Carnegie Essay The rise of capitalist economy was characterised by development and chance. Opportunities. if taken at the opportunity. enabled work forces to entree wealth. Andrew Carnegie is the perfect illustration of an enterpriser and adult male who built the roots of American substructure. He can besides lived the perfect’ American dream. He has a typical rags to riches’ narrative. which makes him a historical icon and an admirable adult male. Carnegie is known to hold built a luck on steel. However. the ways in which he made money could be considered an maltreatment to moralss and moral rights. Toward the terminal of his life. Carnegie decided to utilize his wealth for the greater good of the community and encouraged acquisition. For the above grounds. he can be considered as a robber baron. but I believed that he besides worked for the greater good of human nature. Carnegie was able to take chances to make a huge luck. He came from perfectly nil. but is known as a captain of industry. He monopolised wealth. conveyance and substructure. He was born in Scotland in 1835. His household migrated to America in 1848 when he was 13. As a immature male child. he worked in a cotton mill in Pittsburgh. He did non hold many old ages of schooling nor accompanied university but he became the richest adult male on the planet during the industrial revolution. In this sense. he is the embodiment of the American Dream. One of Carnegie’s expressions ; The foremost adult male gets the oyster. the 2nd gets the shell explains his calling to the full. Carnegie had the ability to place and prehend chances. to anticipate what would go on to industries and to take hazards. He besides stated that ; people who are unable to actuate themselves must be content with averageness no affair how impressive their other talents demo his ambition. Carnegie was non content with platitude. His ability to prehend chances and invest in them helped greatly his calling. He saw possible in cabling and conveyance. While he was working in the railway industry. in 1859. he saw a connexion between steel and substructure. Carnegie grabbed the chance and created a successful steel company. a great illustration of capitalist development. Carnegie’s steel company. Carnegie Steel. which opened near Pittsburgh in the 1870s. is an illustration development during the rise of capitalist economy. Carnegie created employment. The manner he ran his company can be believed to be an maltreatment of work force and human capacities. His workplace was similar to modern twenty-four hours sweatshops. He made work forces work hard. They had long hours. twelve hours per twenty-four hours. six yearss per hebdomad. in highly hapless working conditions. Because steel was in demand at the clip. due to the promotions in steam engines. Carnegie decided to maintain costs low to pull more people. However that meant that he kept his workers’ rewards low every bit good. This resulted in violent labor work stoppage in 1892. Carnegie ever preached for rights of workers and brotherhoods. However his actions did non fit his rhetoric. A major work stoppage at Carnegie Steel was a clang between capitalist economy and workers’ brotherhoods. It was bloody and violent. It lasted five month. During that clip Carnegie went to Scotland and left the company’s general director. Henry Clay Frick in charge. 300 Pinkerton armed guards were posted around the mill and 10 work forces were killed. Carnegie’s merely manner out of this quandary was to sell his mill. He sold it to J. Pier Morgan. for $ 480 million. in 1901. Andrew Carnegie turned his calling from capitalist economy to philanthropy. When Carnegie sold his steel company to Morgan. he became the richest adult male on earth . said Morgan the twenty-four hours he bought the company. In 1889. Carnegie had published an essay. in which he stated that. the rich have a moral duty to administer their money in ways to advance the public assistance and felicity of the common man . He besides said that. the adult male who dies rich therefore dies disgraced . During his life he gave off more than $ 350 1000000s. Carnegie supported instruction and reading. He donated money to 2500 libraries around the universe. The peculiar thing about Carnegie’s altruist calling is that he did non merely desire to assist people ; he wanted to assist others assist themselves. He gave away his money for the betterment of world. For illustration. giving money off to libraries alternatively of people allowed mankind educate themselves. Consequently. instruction became easier to entree for everyone. Carnegie became one of the most celebrated altruists. a complete antonym to the adult male whom exploited people in his mill. Andrew Carnegie was both a robber baron and a altruist. In my sentiment. he worked for the greater good of human nature. He was a adult male who took chances to do his calling. every bit good as giving other chances. Even though he exploited people. and the on the job conditions in his steel mill are an illustration of that. he offered them occupations. and a manner to do money for their households. I agree that in the terminal he helped others to assist themselves . His monolithic contribution of $ 350 1000000s shows his alteration of bosom towards the terminal of his life. As Carnegie. grew up in a hapless societal category. I believe that he wanted to give others similar chances as he strived for. Giving them a opportunity for instruction and free entree to libraries. The 1000000s of dollars that he donated gave others a opportunity to better their lives. I believe that Andrew Carnegie is a adult male to be remembered as one whom sought better world.

Timeline of American Involvement in Wars

Timeline of American Involvement in Wars Americans have been involved with wars both large and small since before the founding of the nation. The first such war, sometimes called  Metacom’s Rebellion or King Philips War, lasted 14 months and destroyed 14 towns. The war, tiny by todays standards, ended when Metacom (the Pokunoket chief called ‘King Philip’ by the English), was beheaded. The most recent war, Americas engagement in Afghanistan and Iraq following the 2001 attack on the World Trade Center, is the most protracted war in American history and shows no sign of ending. Wars over the years have changed dramatically, and American involvement has varied. For example, many of the earliest American wars were fought on  American soil. 20th-century wars such as World Wars I and II, by contrast, were fought overseas; few American on the home front saw any type of direct engagement. While the attack on Pearl Harbor during World War II and the attack on the World Trade Center in 2001 resulted in American deaths, the most recent war fought on American soil was the Civil War which ended in 1865–more than 150 years ago. Chart of Wars With American Involvement   In addition to the named wars and conflicts listed below, members of the American military (and some civilians) have played small but active roles in many other international conflicts.   Dates War in Which American Colonists orUnited States Citizens Officially Participated Major Combatants July 4, 1675–August 12, 1676 King Philip's War New England Colonies vs. Wampanoag, Narragansett, and Nipmuck Indians 1689–1697 King William's War The English Colonies vs. France 1702–1713 Queen Anne's War (War of Spanish Succession) The English Colonies vs. France 1744–1748 King George's War (War of Austrian Succession) The French Colonies vs. Great Britain 1756–1763 French and Indian War(Seven Years War) The French Colonies vs. Great Britain 1759–1761 Cherokee War English Colonists vs. Cherokee Indians 1775–1783 American Revolution English Colonists vs. Great Britain 1798–1800 Franco-American Naval War United States vs. France 1801–1805; 1815 Barbary Wars United States vs. Morocco, Algiers, Tunis, and Tripoli 1812–1815 War of 1812 United States vs. Great Britain 1813–1814 Creek War United States vs. Creek Indians 1836 War of Texas Independence Texas vs. Mexico 1846–1848 Mexican-American War United States vs. Mexico 1861–1865 U.S. Civil War Union vs. Confederacy 1898 Spanish-American War United States vs. Spain 1914–1918 World War I Triple Alliance: Germany, Italy, and Austria-Hungary vs. Triple Entente: Britain, France, and Russia. The United States joined on the side of the Triple Entente in 1917. 1939-1945 World War II Axis Powers: Germany, Italy, Japan vs. Major Allied Powers: United States, Great Britain, France, and Russia 1950–1953 Korean War United States (as part of the United Nations) and South Korea vs. North Korea and Communist China 1960–1975 Vietnam War United States and South Vietnam vs. North Vietnam 1961 Bay of Pigs Invasion United States vs. Cuba 1983 Grenada United States Intervention 1989 US Invasion of Panama United States vs. Panama 1990–1991 Persian Gulf War United States and Coalition Forces vs. Iraq 1995–1996 Intervention in Bosnia and Herzegovina United States as part of NATO acted peacekeepers in former Yugoslavia 2001–present Invasion of Afghanistan United States and Coalition Forces vs. the Taliban regime in Afghanistan to fight terrorism. 2003–2011 Invasion of Iraq United States and Coalition Forces vs. Iraq 2004–present War in Northwest Pakistan United States vs. Pakstan, mainly drone attacks 2007–present Somalia and Northeastern Kenya United States and Coalition forces vs. al-Shabaab militants 2009–2016 Operation Ocean Shield (Indian Ocean) NATO allies vs. Somali pirates 2011 Intervention in Libya US and NATO allies vs. Libya 2011–2017 Lord's Resistance Army US and allies against the Lord's Resistance Army in Uganda 2014–2017 US-led Intervention in Iraq US and coalition forces against the Islamic State of Iraq and Syria 2014–present US-led intervention in Syria US and coalition forces against al-Qaeda, Isis, and Syria 2015–present Yemeni Civil War Saudi-led coalition and US, France and Kingdom against the Houthi rebels, Supreme Political Council in Yemen and allies 2015–present US intervention in Libya US and Libya against ISIS

Marshallian Demand and Supply Theory Assignment

Marshallian Demand and Supply Theory - Assignment Example Very much similar to the modern supply and demand functions, it shows the choices of the customer in terms of his demand over a range of prices. Moreover, in the case of supply, it would show the quantity supplied, for a range of prices. Quite understandably, over demand would increase as the prices keep on increasing since these share a negative relation with each other. However, supply, on the other hand, would have a positive relationship with the price; therefore, the supply curve would be an upward or positively sloped curve (Taylor & Weerapana, pp. 126-128, 2007). Moreover, there are two very important assumptions for the Marshallian model as well. Firstly, that the supply and demand, is in no way, interdependent but act freely. Secondly, that supply is limited and finite, and the basic principle of economics must hold true that there are scare resources (Henderson, pp. 124-128, 2009). In addition, this model perfectly solves the utility maximization problem as well. Since consumers get a range of choices, sets of prices and the quantity supplied and demanded on them, they can choose the set, which satisfies them the most (Pindyck & Rubinfeld, pp. 148-149, 2001). Unlike, the Hicksian model, Marshallian model of supply and demand also accommodates the income and substitution effects. In the study of microeconomics, the Hickson model is referred to as the compensated demand function since its idea rests on fixed utility. However, the Marshallian model of supply and demand has received the name of uncompensated demand function, since, as mentione d earlier, that it offers the option of utility maximization (Rittenberg, pp. 469-478, 2008). Quite clearly, the laws of demand and supply are helpful in predicting the direction of changes in price and quantity, whether it would increase or decrease, in response to various shifts in demand and supply.