Please pick up a Growth of Industry packet Pick up a paper about the vocab definitions. Have (1) post it note Grab a textbook. Have something to write with.
Vocabulary Follow along with your matching paper to get to know these important words for Chapter 19.
Pools
Payment to stockholders from the corporation’s profit.
A business owned by many investors
Rapid manufacturing of large numbers of a product at a cheaper price.
To combine business together, for example large railroad companies bought out smaller companies.
A legal order to do something
A system of connecting railroad lines
Discount on services or merchandise ( sometimes secret), often given to customers who shipped BIG LOADS.
A group of corporations put together and run by a single board of directors, for example Rockefeller put one together.
A company that controls the production and sales of a certain product almost 100%.
Using your textbook Chapter 19 and yes if you want to glossary: Complete the vocabulary sheet on your own. I want to see you demonstrate you can do this. You have 20 minutes by yourself then I will call time and you can work for 15 min with anyone that will give you answers
Think about what happens at the holiday time at stores. What are some the hot items that in the past, shoppers want to get? What does it mean when an item is in high demand? What other businesses benefit from that one product selling well?
Land Labor Capital
As we watch this episode called “ boom”. I want you to think about the factors of production. On a post it note you will look for the following: Land Labor Capital As we watch the episode, record a fact that is evidence of one of these If you see something or hear something that supports that land was needed for a business or industry, write down what you see or hear.
As you hear the music rotate around the room, when the music stops, stand and share with the person you are next to what you have written on your post it note. Let them share with you what is on theirs. Exchange post it notes. When the music starts again, say goodbye and repeat the process.
What evidence do you have that the United States prospered during the growth of big business? What are some of the businesses that grew during this time? How did Americans build their fortunes during this time?