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Industrialist
A business magnate, also known as a tycoon, is a person who has achieved immense wealth through the ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur or investor who controls, through personal enterprise ownership or a dominant shareholding position, a firm or industry whose goods or services are widely consumed. Such individuals have been known by different terms throughout history, such as industrialists, robber barons, captains of industry, czars, moguls, oligarchs, plutocrats, or taipans. Etymology The term '' magnate'' derives from the Latin word ''magnates'' (plural of ''magnas''), meaning "great man" or "great nobleman". The term ''mogul'' is an English corruption of ''mughal'', Persian or Arabic for "Mongol". It alludes to emperors of the Mughal Empire in Medieval India, who possessed great power and storied riches capable of producing wonders of opulence such as the Taj Mahal. The term ''tycoon'' derives f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Captain Of Industry
In the 19th century, a captain of industry was a business leader whose means of amassing a personal fortune contributed positively to the country in some way. This may have been through increased productivity, expansion of markets, providing more jobs, or acts of philanthropy. This characterization contrasts with that of the robber baron, a business leader using political means to achieve personal ends. Origin The term was coined by the Scottish essayist, historian and philosopher Thomas Carlyle in his essay " Count Cagliostro" (1833).In such periods of Social Decay, what is called an overflowing Population, that is a Population which, under the old Captains of Industry (named Higher Classes, ''Ricos Hombres'', Aristocracies and the like), can no longer find work and wages, increases the number of Unprofessionals, Lackalls, Social Nondescripts; with appetite of utmost keenness, which there is no known method of satisfying. Nay, more, and perversely enough, ever as Population a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second Industrial Revolution
The Second Industrial Revolution, also known as the Technological Revolution, was a phase of rapid scientific discovery, standardization, mass production and industrialization from the late 19th century into the early 20th century. The First Industrial Revolution, which ended in the middle of the 19th century, was punctuated by a slowdown in important inventions before the Second Industrial Revolution in 1870. Though a number of its events can be traced to earlier innovations in manufacturing, such as the establishment of a machine tool industry, the development of methods for manufacturing interchangeable parts, as well as the invention of the Bessemer process to produce steel, the Second Industrial Revolution is generally dated between 1870 and 1914 (the beginning of World War I). Advancements in manufacturing and production technology enabled the widespread adoption of technological systems such as telegraph and railroad networks, gas and water supply, and sewage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robber Baron (industrialist)
Robber baron is a derogatory term of social criticism originally applied to certain wealthy and powerful 19th-century American businessmen. The term appeared as early as the August 1870 issue of ''The Atlantic Monthly'' magazine. By the late 19th century, the term was typically applied to businessmen who purportedly used exploitative practices to amass their wealth. These practices included exerting control over natural resources, influencing high levels of government, paying subsistence wages, squashing competition by acquiring their competitors to create monopolies and raise prices, and schemes to sell stock at inflated prices to unsuspecting investors. The term combines the sense of criminal ("robber") and illegitimate aristocracy (a baron is an illegitimate role in a republic).Worth Robert Miller, ''Populist cartoons: an illustrated history of the third-party movement in the 1890s '' (2011) p. 13 Usage The term robber baron derives from the '' Raubritter'' (''robber knights' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Finlayson (1771-1852)
James Finlayson may refer to: *James Finlayson (minister) (1758–1808), of the Church of Scotland * James Finlayson (industrialist) (1771–1852), Scottish Quaker who, in effect, took the Industrial Revolution to Tampere, Finland *James Finlayson (actor) (1887–1953), Scottish actor *James Finlayson (politician) James Finlayson (1823 – 17 February 1903) was a British Liberal Party politician. Finlayson was elected as the member of parliament (MP) for East Renfrewshire East Renfrewshire ( sco, Aest Renfrewshire; gd, Siorrachd Rinn Friù an Ear) is ... (1823–1903), British Liberal Party politician * James Finlayson (surgeon) (1840–1906), Scottish physician and writer * James Finlayson (martyr), 16th-century Scot, one of the Perth Martyrs *James Gordon Finlayson (born 1964), British philosopher {{hndis, Finlayson, James ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philanthropy
Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors, which are public initiatives for public good, notably focusing on provision of public services. A person who practices philanthropy is a List of philanthropists, philanthropist. Etymology The word ''philanthropy'' comes , from ''phil''- "love, fond of" and ''anthrōpos'' "humankind, mankind". In the second century AD, Plutarch used the Greek concept of ''philanthrôpía'' to describe superior human beings. During the Middle Ages, ''philanthrôpía'' was superseded in Europe by the Christian theology, Christian cardinal virtue, virtue of ''charity'' (Latin: ''caritas''); selfless love, valued for salvation and escape from purgatory. Thomas Aquinas held that "the habit of charity ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Hay
John Milton Hay (October 8, 1838July 1, 1905) was an American statesman and official whose career in government stretched over almost half a century. Beginning as a private secretary and assistant to Abraham Lincoln, Hay's highest office was United States Secretary of State under Presidents William McKinley and Theodore Roosevelt. Hay was also an author and biographer, and wrote poetry and other literature throughout much of his life. Born in Indiana to an anti-slavery family that moved to Warsaw, Illinois when he was young, Hay showed great potential, and his family sent him to Brown University. After graduation in 1858, Hay read law in his uncle's office in Springfield, Illinois, adjacent to that of Lincoln. Hay worked for Lincoln's successful presidential campaign and became one of his private secretaries at the White House. Throughout the American Civil War, Hay was close to Lincoln and stood by his deathbed after the President was shot at Ford's Theatre. In addition ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Oligarch
A business oligarch is generally a business magnate who controls sufficient resources to influence national politics. A business leader can be considered an oligarch if the following conditions are satisfied: # uses monopolistic tactics to dominate an industry; # possesses sufficient political power to promote their own interests; # controls multiple businesses, which intensively coordinate their activities. More generally, an oligarch () is a "member of an oligarchy; a person who is part of a small group holding power in a state". See also * Russian oligarchs * Ukrainian oligarchs * Oligarchy * Tai-pan * Chaebol A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exc ... References Social groups Wealth concentration Oligarchy Post-Soviet states {{Business-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automobile Manufacturing
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Nicolay
John George Nicolay (February 26, 1832 – September 26, 1901) was a German-born American author and diplomat who served as private secretary to U.S. President Abraham Lincoln and later co-authored '' Abraham Lincoln: A History'', a biography of the 16th president. He was a member of the German branch of the Nicolay family. Early life He was born Johann Georg Nicolai in Essingen, Kingdom of Bavaria. In 1838, he immigrated to the United States with his father and attended school in Cincinnati. Career Nicolay moved to Illinois, where he edited the ''Pike County Free Press'' at Pittsfield, and became a political power in the state. Then he became assistant to the secretary of state of Illinois. While in this position, he met Abraham Lincoln and became his devoted adherent. In 1861, Lincoln appointed Nicolay as his private secretary, which was the first official act of his new administration. Nicolay served in this capacity until Lincoln's death in 1865. Shortly before his assas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steel
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shipping
Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also used in the same sense. Modes of shipment In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air. Grounds Land or "ground" shipping can be made by train or by truck (British English: lorry). In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production faci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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