November 9th What does this tell you about the time period called

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Presentation transcript:

November 9th What does this tell you about the time period called TO DO: In your Notebook, Copy the Terms & definitions and Answer the question What does this tell you about the time period called the Gilded Age? November 9th The Gilded Age: The 30 years following the end of the Civil War Gilded: A thin coat of gold over a cheap/less desirable material

“The Men who Build America” During this time businessmen created large business organizations These men transformed every industry they touched, and their paths crossed repeatedly as they elected presidents, set economic policies and influenced major events of their day. Vanderbilt Rockefeller Carnegie J.P. Morgan

Video Viewing Question: Cornelius Vanderbilt Video Viewing Question: Where did they start? How did they rise to power? What do you know about their character? What industry did he dominate in? 1794 – 1877 Poor family, worked as a ferry captain Worked his way up in shipping, then sold everything for railroads. Shipping & railroads *Vanderbilt University was named in his honor when he gave the school money to built it *CNN news anchor Anderson Cooper is his great great grandson

Video Viewing Question: John D Rockefeller Video Viewing Question: Where did they start? How did they rise to power? What do you know about their character? What industry did he dominate in? 1839 – 1937 Poor working class family Instead of going into the oil business, he went to oil refinery & dominating that business – putting railroads out of business Petroleum Oil *Richest person in US history and the world at the time and in modern history *He had more money then Bill Gates today

Video Viewing Question: Andrew Carnegie Video Viewing Question: Where did they start? How did they rise to power? What do you know about their character? What industry did he dominate in? 1835 - 1919 Poor Scottish immigrant Investing in steel – built the St. Louis Bridge across the Mississippi River out of steel, leading to the demand for more steel structure Steel *At the height of his career, was the 2nd richest person in the world (behind Rockefeller) *When he sold his company to JP Morgan – became richest!

John Pierport “J.P.” Morgan Video Viewing Question: Where did they start? How did they rise to power? What do you know about their character? What industry did he dominate in? 1837 – 1913 Born into a wealthy family in the banking business Buying broken business and bring it up – investing in electricity Banking & finance *At height of career, he single-handedly bailed out the US government – loaning the gov’t money