Prompt #1 What technology has revolutionized the world after 1950? Explain why. (Try and think beyond the obvious.)

What could the suffix, “-zation” mean? Commonalities? Civilization Organization Fossilization Dramatization Capitalization What could the suffix, “-zation” mean?

Come up with a definition for “industrialization”.

Technology Talk-to-the-Text Read and annotate your information Once you have completed that, come up with two questions you could ask about your topic

Technologies With your group: With your new reading: Discuss the main points of your reading Share your questions and choose your five (5) best questions Write those questions on the color paper (leave space) With your new reading: T4 Answer the questions for your reading with your group

Constitution Day! Amendment Speeches

Technologies Chart Bessemer Process Oil Railroads Electricity Telegraph Telephone

Bessemer Process

Oil

Railroad

Electricity

Telegraph

Telephone

Partner Tech Impact Share On the back of your IR Technology Drawing, choose a technology you feel had the greatest impact at this time and explain why.

What do you think the term “robber baron” means? Prompt #2 What do you think the term “robber baron” means? What do you think the term “captain of industry” means?

Robber Baron vs. Captain of Industry Robber baron  business leader that built their fortune by stealing from the public; drained resources, bent laws, drove competitors to ruin, and treated their workers poorly Captains of industry  business leader served their nation in a positive way; increased the supply of goods, created jobs, and established public services (i.e., libraries, museums, universities)

Business Leaders Read about one of two big business leaders during this time period As you read, Talk to the Text (4Ts) as a pair Then, decide if you think your business leader is a “robber baron” or a “captain of industry” On the back of your reading, write a paragraph explaining why your business leader is a “robber baron” or a “captain of industry”

Take out Homework & Notebook

Robber Baron vs. Captain of Industry Robber baron  business leader that built their fortune by stealing from the public; drained resources, bent laws, drove competitors to ruin, and treated their workers poorly Captains of industry  business leader served their nation in a positive way; increased the supply of goods, created jobs, and established public services (i.e., libraries, museums, universities)

Rockefeller & Carnegie Capt. Of Ind. R.B.

Social Darwinism Popular belief during the late 1800s Based on Darwin’s theory that evolution depended on “survival of the fittest” Free market will let the best rise to the top of society

Major Industrialists

Fast Food Frenzy **cost to make a burger = $1.00 Petito’s Burgers $1.25  $1.10 GregDonalds $1.20  $1.50 Bank’s Burgers $2.00  $.99 5 3 13 4 16

Horizontal Consolidation Merger—buy out other companies Trust—managing board runs separate companies as one large corporation

What is a monopoly and how does it get created?

Fast Food Frenzy (cont.)

Fast Food Frenzy **cost to make a burger = $1.00 Petito’s Burgers $1.25  $1.10 GregDonalds $1.20  $1.50 Bank’s Burgers $2.00  $1.25 5 3 13 4 16

Vertical Consolidation Putting together companies from DIFFERENT industries Buy out suppliers in order to control the quality & price

What were some effects of the creation of monopolies? Prompt #3 What were some effects of the creation of monopolies?

Sherman Anti-Trust Act (1890) Government response Monopolies were illegal Really hard to enforce though so government eventually stopped trying

Do you think we have any monopolies today?

Goodies Simulation

Fast Food Frenzy **cost to make a burger = $1.00 The Better Burger - $1.50  $0.90 Burger Queen - $2.50  $1.01 Zack’s Amazing High-Quality 5 Star Burgers - $5.00  $0.80  $5 10 1 8 17

Fast Food Frenzy **cost to make a burger = $1.00 Burger Bell - $1.50  $0.99  $1.50 South Lyon Burgers - $1.01  $1.15 Cow Burgers - $1.45  $1.10 4 23 22 8 3