Do Now: What is a monopoly? Do you think its ok for a company to have a monopoly on a certain product? Objectives: Students will be able to…(1) describe.

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Presentation transcript:

Do Now: What is a monopoly? Do you think its ok for a company to have a monopoly on a certain product? Objectives: Students will be able to…(1) describe the major achievements of Roosevelt's presidency (2) identify information from primary sources and images Homework: 18.2 Worksheet DUE TOMORROW Test on Chapter 18 FRIDAY

Progressives going after Big Business What do you remember about big businesses from USI? Should we break up big companies? (Sherman Anti-Trust Act 1890) Or should government just regulate and keep an eye on them? (Interstate Commerce Commission – ICC 1887) Or socialism? (Government should own and operate all businesses)

Theodore “Teddy” Roosevelt

Teddy Overview: Social Darwinist – Believed the US was in competition with other countries in the world Square Deal – “I shall see to it that every man has a square deal, no less and no more” (Progressive Ideals) Did not like when private interests interfered with the interests of the nation How could he believe in Progressivism and Social Darwinism?

“The New Nationalism” Speech Teddy Roosevelt (1910) This was Teddy’s Progressive Philosophy (What he believed in) Complete the worksheet with a partner or on your own

Ticket to Leave What do you think was Teddy’s most important point or message in his speech? Why?

Do Now: Grab a worksheet and complete the ‘Do Now’ questions. Objectives: Students will be able to...(1) describe the presidency of Teddy Roosevelt (2) analyze a video for key information Homework: 1.Test FRIDAY Chapter

Trusts – Kind of like monopolies… Competition in business is really important. Why? Trusts – A combination of firms or corporations formed by the legal agreement  One group owning sales on all of one product They tended to reduce competition

Teddy – “Jack the Giant Killer” Believed that big business was good for the country, but was concerned with corruption E.H. Harriman (Union Pacific RR) vs. James Hill and J.P. Morgan (Great Northern and Northern Pacific Railroads) Result: New company: Northern Securities (TRUST) Teddy went after them citing the Sherman Anti-Trust Act – They were broken up

Coal Strikes of 1902 Unions formed (What are unions?) Coal workers went on strike  Teddy upset with mine owners Arbitration – Neutral mediator makes decision Owners refused  infuriated Roosevelt Threatened to send military in to run the mines

Bureau of Corporations By intervening in the dispute he took the first step towards federal government being a powerful broker Bureau of Corporations – Authority to investigate corporations Investigated US Steel first Allowed him to regulate big business without breaking it up

Make a list of major events of Teddy’s Presidency History Channel Presidents Series: Teddy Roosevelt

Ticket to Leave: Which of Roosevelt’s reforms or actions was most important? Why? Ticket to Leave