answersLogoWhite

0


Best Answer

In my opinion, JP Morgan was a Robber Baron because he used all the interest he collected from his bank and the income from the American Steel Company to fund large projects of his and to purchase many luxury items. (I.e. build random buildings for his college, Harvard)

User Avatar

Wiki User

βˆ™ 14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

βˆ™ 10y ago

That would depend both upon whom you ask, and whom specifically you wish to describe. A 'Captain of Industry' might be a person like Tesla (for electricity), patenting amazing advances in the field, yet allowing unlicensed others to (ab)use the patent in the public interest; whereas a 'Robber Baron' generally has more selfish ends in mind, and could not care less about the general--much less the relevant industry's--well being, a la Edison. Unfortunately, these descriptions are usually only made possible by hindsight, at least for the public.

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 12y ago

One does not exclude the other. He made obscene profits using questionable practices, but he later became a philanthropist.

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 15y ago

yes

This answer is:
User Avatar

User Avatar

Anonymous

Lvl 1
βˆ™ 4y ago

The terms Robber Baron and Captain of Industry are synonymous - history proves.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Was JP Morgan a Robber Baron or Captain of Industry?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Was John D Rockefeller a Robber Baron or Captain of Industry?

J. D. Rockefeller was considered both a robber baron and a captain of industry.


Is Bill Gates a captain of industry or robber baron?

captain of industry


Was James Fisk captain of industry?

No he was a Robber Baron of Industry.


Was Andrew Carnegie a robber baron or a caption of industry?

He was a captain of industry


Was William randolph a robber baron or captain of industry?

yes


How was Cornelius Vanderbilt a captain of industry?

Vanderbilt was not considered a captain of industry. Instead, he was considered a robber baron.


Was Cornelius Vanderbilt a captain of industry?

Cornelius Vanderbilt was not considered a captain of industry as he was more of a entrepreneur. He wasconsidered a robber baron.


Was J.P. Morgan a robber baron?

Yes he was an robber baron


Was Andrew Carnegie a Captain of Industry or a Robber Baron?

robber barron. he stole money from people's houses and out of there pockets


Was J. D. Rockerfeller a robber baron or a captain of industry?

he invetned the steel industury -- Actually he was the "main guy" in the oil industry. Carnegie was steel. I would say he is a Robber Baron because he started a monopoly and basically told other oil companies that they would either have to sign a trust (which basically allows him to take over their business and give a small dividend to the trustee) or he would run them out of business. --


Was Cornelius Vanderbilt a robber baron or captain of industry?

He has been called both. Neither term has a precise definition, so any answer would be subjective.


Who was the greatest robber baron?

J.P. Morgan