 Something that looks good, or golden, on the outside……  but when you look scratch the surface, underneath things are rotten and corrupt!! An era during.

Slides:



Advertisements
Similar presentations
The Captains of Industry
Advertisements

The Captains of Industry
LT: I will be able to identify entrepreneurs during the Industrial Era and show knowledge of how a market economy works. BW: List 3 New inventions or industries.
Titans of Industry Rockefeller & Carnegie. The Oil Rush Fortune seekers raced to put down oil wells. –Crude: The raw oil before it is processed. –Refineries:
Opener: Let’s do some economics. Why is coal cheap? Why are diamonds expensive?
The Rise of American Business, Industry, and Labor ( )
The Great Industrialists and their Tactics. Andrew Carnegie  Scottish immigrant-”rags to riches” story  became a giant in the steel industry  1873-
Capitalism: Economic system based on private ownership of property & companies. Goal= profit.
Corporate Monopolies & Trusts. What IS a corporation? Some of you are saying this…
Why did Big business grow?
Andrew Carnegie Captain of the Steel Industry. Born in Scotland. Moved to America when he was 13. Grew up in a poor family. He worked hard and became.
The Captains of Industry
Big Business vs. The Working Class
There is no oil left on earth. Therefore, there is no power for electricity. Describe your morning routine getting ready for school without using any electricity.
Carnegie, Rockefeller, and Success.  America’s First Big Business  Railroads combine and corporations are formed (helped by the government)  Cornelius.
The Captains of Industry
The 2nd Industrial Revolution When? Late 1800sLate 1800s Late 1700s = 1 st Industrial RevolutionLate 1700s = 1 st Industrial Revolution.
THE GILDED AGE.
Room in your home Technology found there Kitchen Living Room Bedroom Bathroom Classroom Technology Survey.
The Rise of Industrial America Industrial Growth: Causes US has wealth of natural resources Explosion of inventions = better business.
Factors of Production Factors of Production Start on page 568 The period from the end of the Civil War and 1900 was an era of unmatched economic growth.
 The Gilded Age by Mark Twain and Charles Dudley Warner  “The gold coating would be the upper class; the elites, their lifestyles; the evolution.
Chapter 6 An Industrial Society. Petroleum an oily, flammable liquid.
Who: American-born industrialist Where: New York How: built wealth from shipping (steamships) and railroads
The Rise of Big Business.   Until the late 1800’s most businesses were owned directly by one person or by a few partners.  The industrial revolution.
Captains of Industry $ $ $ $ $. John D. Rockefeller Oil Refining Standard Oil Company.
The Rise of Big Business. Robber Barons Business leaders who built their fortunes by stealing from the public –Drained country of natural resources –Drove.
The late 1800s, saw the growth of I.N.D.U.S.T.R.Y. Chapter 1: An Age More Golden than Gilded?
A Troubled Economy. The Uber Rich Andrew Carnegie: Rags to riches Started out working for the railroad then made dividends through stock Started up Carnegie.
Industrialization of America “Rags to Riches” “Rags to Riches” The RISE OF BIG BUSINESS.
Copyright ©2007 by the McGraw-Hill Companies, Inc Alan Brinkley, AMERICAN HISTORY 12/e Chapter Seventeen: Industrial Supremacy.
Alan Brinkley, AMERICAN HISTORY 13/e Chapter Seventeen: Industrial Supremacy.
Cornelius Vanderbilt Andrew Carnegie John Rockefeller J.P. Morgan The Captains of Industry.
Chapter 20, Lesson 3 Big Business. Production Factors of Production: land, labor, & capital Land: includes natural resources Labor: workers & our pop.
How did monopolies develop in the US?
Trusts and Monopolies Objective: The student will explain the impact of the railroads on other industries, such as steel, and on the organization of big.
Andrew Carnegie John Rockefeller Vocab Inventors 1 Inventors
Warm up – 1/30 Please begin quietly working on the Philosophies of Industrialists handout on your desk. Please answer the 2 questions on each excerpt.
The Growth of Industry
Robber Barons or Captains of Industry?
Captains of Industry or Robber Barons?
Gilded Age Philosopophies
Industrialization in the U.S
The Business of Business Is Business
Big Business.
Industrialization of America
Thrive - Treasure The Millionaire Next Door by Thomas Stanley and William Danko.
Industrialization in the U.S
The Rise of Big Business
The Industrial Revolution
Industrialization & Immigration Unit
Do Now What is mechanization? What is industrialization?
For some, it seemed as if everything was layered in gold
Rise of Industrial America
Topic 2c – The Successful Few
Captains of Industry.
- Economic system in which supply and demand determine prices.
The Growth of Industry Chapter 19 The Growth of Industry
*In response to a video clip, “The Men Who Built America 2 of 8 Oil Strike” about John D. Rockefeller” answer accompanying worksheet … Rockefeller Video.
Business owned by investors who buy shares of stock.
Industrialization US History Objectives: **Discuss the rise of the
Chapter 19, Section 2 Big Business
The 2nd Industrial Revolution
*In response to a video clip, “The Men Who Built America 2 of 8 Oil Strike” about John D. Rockefeller” answer accompanying worksheet … Rockefeller Video.
The Rise of Industry Chapter 25 Vocabulary.
Lifestyles of the Rich and Robber Barons
The Rise of Big Business
Robber Barons.
Industrial Revolution
Presentation transcript:

 Something that looks good, or golden, on the outside……  but when you look scratch the surface, underneath things are rotten and corrupt!! An era during the late 1800s of fabulous wealth and deep poverty

A story where someone starts out with nothing, but through….. Hard work Honesty A little luck …..becomes rich!! Can you think of any examples???

 Railroads  New York State  11  steamboats  coffee breaks  Christmas bonuses  railroads  East  hard-working  Vanderbilt “You have undertaken to cheat me. I won't sue you, for the law is too slow. I'll ruin you.” Cornelius VanderbiltCornelius Vanderbilt

 Steel  Pittsburgh, PA  Scottish  money  Monopolies  Low, unions  $500,000,  million  libraries "My heart is in the work." -- Andrew Carnegie

 It is OK to have only a few rich people in the world, BUT…..  The rich should use their money to benefit society  Can you think of examples????

 Oil  Cleveland, OH  Oil  Standard Oil  Cutthroat, cruel  richest  charities, research  private “I believe that the power to make money is a gift from God.” John D. Rockefeller

 Automobile  Detroit, MI  farmer  automobile  Model A  assembly plant  wages  middle class  substance abuse  1936 “Whether you believe you can do a thing or not, you are right.” Henry Ford