5. Increased Government Regulation of Business.   SWBAT examine the impact of the Interstate Commerce Act and the Sherman Anti-Trust Act on unfair business.

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Presentation transcript:

5. Increased Government Regulation of Business

  SWBAT examine the impact of the Interstate Commerce Act and the Sherman Anti-Trust Act on unfair business practices in America. Lesson Objective

  Monopoly  When one company eliminates competition in an industry and can set the prices for all the goods.  Ex : if Ford was the only car company, everyone who needed a car had to buy from Ford and they could set any price for that car.  Monopoly, The Game!  Base your answers upon your experience with monopoly  How do you win in the game of monopoly?  What happens when you land on a square with four hotels on it?  Chart & Share Out  Discussion  Where might monopolies exist in real life? Word of the Day/Initial Activity

  Focus Question: How did Theodore Roosevelt attempt to control unfair business practices brought on by monopolies?  Read Interstate Commerce Act & Sherman Anti-Trust Act  Fill in the graphic organizer after completing the reading  Describe the act  Explain how this act will attempt to protect people from unfair business practices.  Extension Activity  Why would the government want to stop the spread of monopolies throughout America?  Share Out Activity 1: Interstate Commerce Act & Sherman Anti-Trust Act

  2 minute to write down a response to this question:  Is passing a law enough for a government to prevent its citizens from doing a particular, bad behavior?  Turn & Talk: 30 seconds per partner  Share Out Sherman Anti-Trust Act QuickWrite/ Turn & Talk

  Focus Question: How did Theodore Roosevelt attempt to protect America’s natural treasures and environment?  Read Conservationism  Why did Theodore Roosevelt practice conservationism?  Write a claim, provide 1 piece of evidence and analyze  Extension Activity  Which do you believe had a more important impact on America: protecting America’s environment so that people can enjoy our country’s natural beauty OR ending monopolies and harmful business practices?  Share Out Activity 2: Conservationism

  1. Interstate Commerce Act  a. congress can control trade between states  a. can set prices for transporting goods  b. ends railroad monopolies  2. Sherman Anti-Trust Act  a. Trust Busting  a. T.R. will “bust” trusts (monopolies) and break them into smaller businesses  b. Break from Laissez-Faire capitalism  3. Conservationism  a. Protect and preserve environment- creates national parks  4. Teddy Roosevelt’s Square Deal  a. T.R. will create opportunities for all Americans to prosper, not just the rich through fair business practices  5. The Federal Reserve  a. Will be created to watch over and regulate the economy  b. will keep the economy balanced and working smoothly. Mini-Lesson

  Exit Ticket The Interstate Commerce Act and the sherman Antitrust Act were attempts by Congress to a.regulate the activities of big business b.protect consumers against unsafe products c.impose government regulations on agricultural production d.bring transportation activities under government ownership 2) Share with me one thing that you find interesting from class today. Why do you find it interesting? 3) Share with me one-way in which the information from class today affects your life today. Summary