U.S. changed from an agricultural (farming) economy to an industrial economy.

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Presentation transcript:

U.S. changed from an agricultural (farming) economy to an industrial economy.

1)Land: not just the land, but also all of its natural resources W hat are some natural resources?

natural resources

2) Labor: large numbers of workers were needed

3) Capital: buildings, machinery, tools, and money,

Needed money to expand. corporations raised capital by selling stocks.

Shareholders became partial owners. Could earn dividends. Could also sell stock on the stock market.

John D. Rockefeller rockefellers-7-greatest-success-quotes/

Some quotes: “If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.” rockefellers-7-greatest-success-quotes/

What do you think this means? rockefellers-7-greatest-success-quotes/ Most people choose to follow others. It might help you get what you want, but there might be more people going the same way. If you want to succeed you need to find your own path.

“Don’t be afraid to give up the good to go for the great.” rockefellers-7-greatest-success-quotes/

What do you think this means? rockefellers-7-greatest-success-quotes/ Sometimes we have something good and we are happy with it. But every once in a while we should look around and see if we can change it for something better.

“I always tried to turn every disaster into an opportunity.” rockefellers-7-greatest-success-quotes/

What do you think this means? rockefellers-7-greatest-success-quotes/ When there is disaster you shouldn’t cry. It happened already. Take a look around and see if there is any opportunity around.

“Good leadership consists of showing average people how to do the work of superior people.” rockefellers-7-greatest-success-quotes/

What do you think this means? rockefellers-7-greatest-success-quotes/ For example, if you have a company, you should not sit on a chair and order people around. Instead you should show the average people how to do the work of superior people. If you do that, they will be inspired and more motivated to work.