How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy Free Essay Example, 1000 words

In chapter seven episodes seven, William McKinley takes control of the White House. His political domination allowed for legislations that are favorable to big businesses. This gave rise to Morgan and Carnegie creating the first billion-dollar steel industry while Rockefeller took control of 90% of the North American oil. McKinley brought favorable legislation for the industry of the major character and was his president. The most interesting part of the book lies in episode six where Morgan and Thomas Edison have to deal with the competition of new inventions. This brings a struggle of ownership of the electricity industry, and it results in Morgan buying Edison electricity and adopting AC power. The most uninteresting part of the book is at episode seven where only legislation takes place to favor the inventor industries. California was the hometown of the oil man John D Rockefeller. Mississippi River refers to the point where Carnegie was hired to build a bridge to link the East and the West. New York is the place where the banker, J.P. Morgan set up a bank. Scotland is the country where the parents of Carnegie immigrated from. We will write a custom essay sample on How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy or any topic specifically for you Only $17.96 $11.86/pageorder now White House is the place where McKinley used his powers to create legislation that favored the big industries. Johnstown is the place where the flood took place leaving people dead. Homestead steel plant is the place where workers strike took place. North America was a great oil harbor. Panama Canal is the place that opened new routes. Europe is where the U. S army sailed for World War 1 and built America. McKinley was influential, and powerful J. P. Morgan was focused and bright. Vanderbilt was determined and persistent. Carnegie was a fast thinker and determined. Rick was inhumane and exploitative. John D Rockefeller was focused and disciplined. Tom Scott was bright and full of strategy. Thomas Edison was innovative and future-oriented. Roosevelt was fast thinking and future-oriented. Henry Ford was creative and unique. During the period of this book, America had undergone a civil war, and the economy was going down.