Does this quote from Henry Ford support the idea of late 19th century industrialists as being Captains of Industry or Robber Barons? Use examples and details from what you learned about Henry Ford and the other industrialists such as Rockefeller, Vanderbilt, Carnegie, and Morgan, to decide if these men followed this one rule.

Respuesta :

As we are not provided with the quote in this question, we cannot analyze how it compares to these ideas. However, we can still try to provide information on the concepts so that you can answer the question on your own.

The term "captains of industry" was a positive way of referring to business leaders during the Gilded Age. Many of these people became extremely wealthy through the practice of monopoly and the rise of industry. However, not everyone believed this to be a good thing. The concept of "robber barons" shows this. "Robber barons" was a negative term to refer to these same businessmen. However, the term emphasized the fact that they often used ruthless practices to get ahead and eliminate the competition. For example, Andrew Carnegie engaged in a lot of philantropic and charitable work, and he believed that his money should be dedicated to the improvement of the country. However, he also employed dubious practices to obtain it, such as monopolies and vertical integration.

Answer

Yes, from the quote below, Henry Ford support the idea of late 19th century industrialists as being Captains of Industry or Robber Barons

Henry Ford "

The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time."

Explanation:

Industrialists such as Rockefeller, Vanderbilt, Carnegie, and J.P. Morgan, faced serious competitions in their respective businesses.

These competitions make them to excel, as they devised plans of getting better in the business competition.

From Henry Ford's quote on business competition and advancement, It was learnt that this is an important factor in business success, which all the men named above followed.

Also, another example is quality. These men did everything they did right. It is a major part that made them successful.