The Robber Baron era was a
period in the late 19th century when powerful industrialists and
financiers gained wealth through exploitative business practices. The
term "Robber Baron" refers to the perceived greed and ruthlessness of
these individuals, who often put profits before ethical considerations.
Some examples of Robber Barons include:
- Andrew CarnegieA Scottish-born steel magnate who grew wealthy and later gave it away
Cornelius Vanderbilt
A ruthless businessman who acquired competing companies
Jay Gould
A master of bribery and insider stock manipulation who tried to corner the gold market
James Fisk
An unscrupulous financier known as "Jubilee Jim" and the "Barnum of Wall Street"
Daniel Drew
A broker who made a fortune during the railroad bubble
J. P. Morgan
A financier from a wealthy family who contributed greatly to American industry
The Robber Baron era led to government intervention and the establishment of workers' unions.
America's Robber Barons
Mar
20, 2012 — Industry: finance. Drew made a fortune as a broker during
the railroad bubble, and was one of the principal belligeren...
Business Insider
Robber Baron era - Fiveable
Definition.
The Robber Baron era refers to a period in the late 19th century
characterized by the rise of powerful industrialists ...
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