Characteristics of a Captain of Industry Characteristics of a Robber Baron



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Captains of Industry vs. Robber Barons



Characteristics of a Captain of Industry

Characteristics of a Robber Baron

1. Increases availability of goods by building factories

1. Drains the country of its natural resources

2. Raises productivity

2. Corrupts public officials to interpret laws in their favor

3. Expands markets

3. Drives competitors to ruin

4. Creates more jobs

4. Pays poor wages

5. Funds many of the nation’s public institutions: practices philanthropy- (giving generously to charitable causes)

5. Forces workers to toil under

dangerous and unhealthy conditions



6. Organizes the factors of production efficiently

6. Exploits the factors of production

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