Top 10 Largest American Companies CompanyIndustry 1Wal-MartRetailing 2Exxon-MobilOil & Gas Operations 3General MotorsAutomobile 4ChevronOil & gas Operations.

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Presentation transcript:

Top 10 Largest American Companies CompanyIndustry 1Wal-MartRetailing 2Exxon-MobilOil & Gas Operations 3General MotorsAutomobile 4ChevronOil & gas Operations 5Ford Motor CompanyAutomobile 6Conoco PhillipsOil & Gas Operations 7General ElectricConglomerates 8CitigroupBanking 9AIGInsurance 10IBMSoftware & Services Answer the following questions about the chart above. 1. What are the three largest American companies? 2. Which industry is the represented the most on the top 10 list? 3. Why is Wal-Mart the largest American company when it sells everything cheaper? 4. Which companies do you think are on the rise? On the fall?

Why did Big Business Grow? Reasons Why Big Business Grew Key Terms The Growth of Industry Industrial CitiesImportant People

Why did Big Business Grow? Reasons Why Big Business Grew Key Terms The Growth of Industry Industrial CitiesImportant People Availability of work force National markets created by transportation Lower-cost production Inventions Advertising Financial resources Access to raw materials and energy Monopoly: exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices Dividend: a sum of money paid to shareholders of corporation out of earnings Shareholder: a holder or owner of shares, esp. in a company or corporation. Captain of Industry: the head of a large business firm. Pittsburg – Steel Detroit – Automobile Chicago – Meat Packing New England - Textiles John D. Rockefeller Standard Oil Andrew Carnegie Steel Henry Ford Automobile Cornelius Vanderbilt Railroad

Growth of Industry Worksheet Directions: Analyze the political cartoon and answer the following questions 1.What company does the octopus represent? 2.What objects is the octopus grabbing and controlling? 3.According to the artist is the octopus a monopoly? Why/why not? 4.Do you think the artist likes monopolies? Why/ Why not? Bonus: What other industries were dominated by monopolies at the beginning of the 1900s?