2. Early Years
• Born in Dunfermline,
Scotland on
November 25, 1835
• Parents William
Carnegie and
Margaret Morrison
Carnegie
3. Life in Scotland
• Father worked as
weaver
• He was replaced by
looms that produced
fabric faster,
cheaper
• Immigrated to U.S
when Andrew was
12
4. Early Working Days
• 13 years old -
worked as stoker in
textile factory then
as a telegraph
messenger
• 17 years old -
assistant to
superintendent of
Pennsylvania
Railroad
5. Climbing the Ladder
• Carnegie used fresh
ideas to cut costs &
increase profit
• Burning train cars
instead of salvaging
• Bigger, Stronger,
Longer Trains
capable of carrying
larger loads
6. Company Owner
• Built company that replaced wooden
bridges with iron to support bigger trains
• Then started up his own steel
companies
7. Steel Companies
• Bessemer Process
created steel from
pig iron
inexpensively and
easily
• Carnegie used this
process and his
plants came to
dominate the
industry
8. Business Practices
• Monopolized steel
industry
• Fixed Prices
• Low wages, harsh
conditions and long
hours for workers to
ensure maximum
profit
10. Life After Big Business
• Sold company to
competitor JP Morgan
• Dedicated rest of his
life to philanthropy until
August 11, 1919
• “A man who dies rich,
dies in shame”-
Andrew Carnegie
11. Works Cited
• http://www.dunfermlineweb.com/images/scotmap.jpg
• http://www.applehollow.com/images/ashloomlg.jpg
• http://sportskate.files.wordpress.com/2009/03/pennsylvania-railroad.jpg
• http://www.eastislip.org/Pages/Great%20River/Images/Grt%20R%20Sta/LIRR%20Eastboun
d%20West%20of%20Great%20River%20-%20Dec.1947.jpg
• http://chestofbooks.com/crafts/mechanics/Mechanical-Processes/images/Fig-24-Bessemer-
Converter.jpg
• http://www.pabook.libraries.psu.edu/palitmap/PinkertonsAtHomestead.jpg
• http://nybrit.com/CH/HallEntrance1891.gif
• http://www.andrew.cmu.edu/org/rballclub/images/ladderPics/andrewCarnegie.jpg
• Gill, Michael J. “The Richest Man in the World.” Humanities National
Endowment for the Humanities Jan/Feb.1997:20-22.SIRS Government
Reporter.Web.09 February 2010
Foner, Eric and John A. Garraty. “Carnegie, Andrew.” The Readers Companion to
American History Dec. 1 1991: n.p. SIRS Researcher. Web. 09 February
2010
Dowling, Bob. “The Robin Hood Robber Baron.” Business Week. 27 Nov 2006: 116.
eLibrary. Web. 09 Feb 2010