Andrew Carnegie

Definition

Andrew Carnegie was a Scottish-American industrialist and philanthropist who led the expansion of the American steel industry in the late 19th century. He is also known for his article "The Gospel of Wealth."

Related terms

Carnegie Steel Company: This was Andrew Carnegie's steel-producing company which revolutionized steel production in the United States.

John D. Rockefeller: He was another prominent industrialist during this period, known for his role in developing the U.S. oil industry.

Gilded Age: This term refers to a period in U.S history from around 1870-1900 characterized by rapid economic growth but also significant social inequality.