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Powerful business tycoons like Carnegie and Rockefeller were called both “Captains of Industry” and “Robber Barons” because

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They used questionable methods for reaching their wealth level.

Robber baron was applied to powerful nineteenth-century industrialists who were viewed as having used questionable practices to amass their wealth. On the other hand, “captains of industry” were business leaders whose means of amassing a personal fortune contributed positively to the country in some way.

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