The Emergence of Big Business. Big Idea The expansion of industry in the North results in the growth of big business and the development of a new social.

Slides:



Advertisements
Similar presentations
Section Questions - Page 199 #1-5
Advertisements

The Growth of Big Business
The Growth of Big Business
 What is the main purpose of a corporation?  What are the advantages of a corporation?  What is pooling?  What is a trust?  What is the Sherman Antitrust.
The Growth of Big Business The Rise of Big Business.
The Expansion of American Industry The Growth of Big Business
BIG BUSINESS.
Chapter 19, Section 2 Big Business
CHAPTER 6 SECTION 3 BY TAYLOR FAH Big Business and Labor.
6.3 Big Business and Labor How did the U.S. depend upon the development of new business and technology?
U.S. History Week 12. Using your text book, define the following terms Chapter 6, Section 3 Vertical integration Horizontal integration Social Darwinism.
It’s not just a game……..It’s BIG BUSINESS
BIG BUSINESS EMERGES Bessemer Process Steel Industry Big Business.
Bell Work – Respond in Your Notebook What do you know about business tycoons. What personal characteristics do they have? What kinds of business practices.
Ch 5 SECTION 2 – The Second Industrial Revolution
John D. Rockefeller & Andrew Carnegie Ch
Big Business During the Industrial Revolution. Andrew Carnegie Scotsman, immigrated to United States as child Became one of the first industrial moguls.
Rise of Big Business.
5:3 ● The Rise of Big Business ● Corporation: owned by many people, but treated by law as if owned by one person – Can own property – Pay taxes – Make.
Chapter 25 Section 1 The Cold War Begins Chapter 13 Section 2 The Rise of Big Business Analyze different methods that businesses used to increase their.
Big Business What is a corporation?
Trusts and Cartels
Benefits of Big Business Large companies could manufacture enough products to meet national demand. Produced better products for lower cost. Paid high.
Chapter 14, Section 3 “Big Business”. The Rise of Big Business Big business dominated ________________ Not have been possible w/out corporations Corporations:
Railroads & Big Business
Creation of Monopolies
GRAB A BOOK P. 208 #2,3. Chapter 6 Section 2 Rise of Big Business.
 “Rags to Riches”  Expanded the steel industry ◦ “Carnegie Steel Company”  Philanthropist  Good management ◦ Products made more cheaply ◦ New techniques/machinery.
Big Business and Labor Chapter 6.3. Big Business and Labor 6.3 Main Idea – The expanse of Industry resulted in the growth of big business and prompted.
Topic: Big Business Objective: – Student’s will identify management and business strategies that contributed to the success of business tycoons such as.
Industry and Business Late 19 th Century US History.
Big Business Development of Basic American Industries- Corporations.
Chapter 6 Section In a certain country, decisions regarding production and consumption of goods are based upon customs, beliefs, rituals, and habits.
14-3: Big Business emerges –What is it? –Andrew Carnegie- Tycoon or Robber Baron?
THE EMERGENCE OF INDUSTRIAL AMERICA AND LABOR’S RESPONSE THE EMERGENCE OF INDUSTRIAL AMERICA & LABOR’S RESPONSE ( )
RISE OF BIG BUSINESS Late 19 th century. THE ‘ROBBER BARONS’ OF THE PAST.
6.3-Big Business Emerges Subtitle. 11. Andrew Carnegie A Scottish-born immigrant who eventually created the largest steel company in the nation.
Chapter 12 Section 3. The Rise of Big Business Corporations – organization owned by many people but treated by the law as one person People who own part.
The Growth of Big Business The Rise of Big Business.
Chapter 20, Lesson 3 Big Business. Production Factors of Production: land, labor, & capital Land: includes natural resources Labor: workers & our pop.
Bell Ringer Day 2 Industrialism and Immigration Bellringer In Canvas.
The Growth of Big Business
Section 5-3 Big Business.
The Growth of Big Business
Big Business 5-3.
Big Business Emerges.
Pg. 188 Graphic Organizer Nationwide Rail Network.
Andrew Carnegie 1899 Carnegie Steel Improved quality and cut costs.
Industrialization Big Business.
Robber Barons vs. Captains of Industry
Trusts and Cartels : Examine corporate mergers that produced trusts and cartels and the economic and political policies of industrial leaders.
Age of Big Business Chapter 14 Section 3.
Big Business Emerges.
The Rise of Big Business
Define the following key terms. Use your book Social Darwinism
The Growth of Big Business
The Rise of Big Business
The Rise of Big Businesses aka Monopolies AKA Trusts
Big Business.
The Rise of Big Business
Chapter 13 Section 2: The Rise of Big Business
THE RISE OF BIG BUSINESS -OR-
Big Business and Labor.
Objectives Analyze different methods that businesses used to increase their profits. Describe the public debate over the impact of big business. Explain.
Chapter 19, Section 2 Big Business
Section 3 Big Business and Labor.
6.3 Notes Big Business and Labor.
The Age of industry * US History.
Growth of Business and Monopolies
Robber Barons. Or Captains of Industry? I don’t know….
Presentation transcript:

The Emergence of Big Business

Big Idea The expansion of industry in the North results in the growth of big business and the development of a new social philosophy.

Andrew Carnegie Born penniless in Scotland Preached hard work, wise investments, and innovative business practices Entered steel industry in By 1901 controlled 80% of the nation’s steel industry

Carnegie

Carnegie’s Tactics Vertical integration: When a company buys out all of the suppliers Example: coal and iron mines, ore freighters, and railroads Horizontal consolidation: When a company buys out its competition

Well if isn’t the monopoly man Monopoly: A firm that has managed to buy out all its competitors

Natural Selection Social Darwinism: Carnegie’s success represented survival of the fittest and could be used to explain why people are successful Proposed by Herbert Spencer in 1862

John D. Rockefeller Established the Standard Oil Company as a trust Trusts: participants turned their stock over to a group of trustees who ran the one large corporation Not legal but no laws existed to enforce them

Rockefeller

Sherman Antitrust Act of 1890: Made any attempt to interfere with the free market illegal Not enforced thoroughly

“What a funny little government.”

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com. Inc. All rights reserved.