Should wealthy individuals, due to their success, be expected to give back to their communities? DO NOW!!!
The Rise OF BIG BUSINESS? This Photo by Unknown Author is licensed under CC BY-SA
AIM Students will analyze whether the rise of big business represent positive or negative change in the United States by completing agraphic organizer?
Recap: Big Business
TRUST GIANT’S POINT OF VIEW
THE PROTECTORS OF OUR INDUSTRIES
MONOPOLY
ROBBER BARONS OR CAPTAINS OF INDUSTRY? Carnegie – Steel Gospel of Wealth Rockefeller - Oil Morgan - Finance
ROBBER BARONS OR CAPTAINS OF INDUSTRY? “Goodwill is the only asset that competition cannot undersell or destroy.” Marshall Field: Made his fortune in retail PBS Article about Field
Made his fortune in Banking, Finance ROBBER BARONS OR CAPTAINS OF INDUSTRY? JP Morgan: Made his fortune in Banking, Finance
Made his fortune in steel ROBBER BARONS OR CAPTAINS OF INDUSTRY? “I will not be in the position of having management dictated to by labor.” Charles Schwab: Made his fortune in steel
Cornelius Vanderbilt: Made his fortune in RRs and water transport ROBBER BARONS OR CAPTAINS OF INDUSTRY? “I have always served the public to the best of my ability. Why? Because, like every other man, it is to my interest to do so.” Cornelius Vanderbilt: Made his fortune in RRs and water transport
Made his fortune in finance and oil ROBBER BARONS OR CAPTAINS OF INDUSTRY? “Give tax breaks to large corporations, so that money can trickle down to the general public, in the form of extra jobs.” Andrew W. Mellon: Made his fortune in finance and oil
Captains of Industry or Robber Barons? DIRECTIONS: Create two images or ideas in your characters head representing a Robber Baron and a Capt. Of industry and then explain each image. Do you think these men, in general, were captains of industry or robber barons? Explain. What do you think was their true motivation regarding wealth, power, giving, and control?
Answer: AIM Did the rise of big business represent positive or negative change in the United States?