What does the term “Captain of Industry” mean as applied to the businessmen of the late-1800’s?

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asked Mar 24, 2022 66.5k views

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Jaquelina · Answer 1 · 2022-03-29T16:37:38+0000

Answer:

In the late 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.

What does the term “Captain of Industry” mean as applied to the businessmen of the late-1800’s?

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