Robber Barons and Heads of Capital U.S. History Industrialization Unit Day One.

Slides:



Advertisements
Similar presentations
The Captains of Industry
Advertisements

Your Warm-up... Do you see an old woman or a young lady?
Robber Barons or Captains of Industry?
Robber Barons vs. Captains of Industry
Technological Innovations
Unit 1: The Gilded Age Industrialization. Have you ever used any of these products? What company created these products? Who was the man behind the creation.
Opener: Let’s do some economics. Why is coal cheap? Why are diamonds expensive?
Chapter 20, Section 2: The Rise of Big Business
The NEW Industrial Age. BIG BUSINESS AND LABOR Andrew Carnegie was one of the first industrial moguls He entered the steel industry in 1873 By 1899, the.
Industrialization of America
Gilded Age.
Capitalism: Economic system based on private ownership of property & companies. Goal= profit.
Robber Barons vs. Captains of Industry
Warm-Up 4/10 If you could be the owner of any type of company, what would it be? Why?
The Industrial Society,
Industrialization of America
The Captains of Industry
CHAPTER 6 SECTION 3 BY TAYLOR FAH Big Business and Labor.
National markets created by transportation advances Advertising Lower-cost production.
BIG BUSINESS. Introduction: Late 19 th Century - new inventions changed rural life and influenced the growth of cities. Labor-saving devices affected.
“Robber Barons” or “Captains of Industry”
Launch List: 1. Copy objectives 7,8 1. Copy objectives 7,8 2. Think of an example of how competition effects the price of something you bought. 2. Think.
Captains of Industry or Robber Barons? American History 1.
Industrialization Unit 2.
Industrial America Steel is critical to industrialization – new method for steel production during this time: Bessemer Process – a day’s worth of production.
The Captains of Industry
The Men Who Built America.   Gained his wealth through a massive shipping and railroad empire  He owned most of the railroads in America.
“Rags to Riches” Scottish immigrant Supported unionization verbally Invested in Bessemer Process Established over 2,500 public libraries Donated $350.
Large Corporations in America Corporate Giants Carnegie Steel – Andrew Carnegie Standard Oil – John D Rockefeller Railroad – Cornelius Vanderbilt.
Welcome Back! Warm-UP Monday 4/16 In your notebook list 3 important things you learned about industrialism before spring break.
Factors of Production Factors of Production Start on page 568 The period from the end of the Civil War and 1900 was an era of unmatched economic growth.
 The Gilded Age by Mark Twain and Charles Dudley Warner  “The gold coating would be the upper class; the elites, their lifestyles; the evolution.
Who: American-born industrialist Where: New York How: built wealth from shipping (steamships) and railroads
World Class Education The New Industrial Order in The Post-Civil War Period 1 Topic 7.
 Create an invention or innovation that will make school easier for you. Explain how this invention works and why it would help you.
Industrialization 1850’s Inventions that lead to Industrialization Thomas Edison & Menlo Park Thomas Edison & Menlo Park Light bulb, Phonograph,
What factors influenced American growth and expansion in the late nineteenth and early twentieth century?
Were they Robber Barons or Captains of Industry.  Scottish Immigrant, textile mill worker  Telegraph and RR worker  Bought Iron Bridge company and.
Agenda Do Now “The Growth of Big Business” Notes Robber Barons or Captains of Industry?  Computer Lab Homework:  Finish Robber Barons vs. Captains of.
“Robber Barons”, Unions, & Strikes Union = A group joined together for a common goal / purpose.
The Rise of Big Business Main Idea: Corporations run by powerful business leaders became a dominant force in the American economy.
Cornelius Vanderbilt By Charles, Cecilia, and Daniel.
Mr. Hood U.S. History.  Because of Industrialization we see the development of expanding markets.  That means that old markets were expanded and new.
Chapter 19 The Growth of Industry. Section 3 An Age of Big Business
Unit VI – A Growing America Chapter 19 Section 2 – Big Business Lecture Station.
Creation of Monopolies
2/4 Aim: How did industrialization pave the way for big business? Do Now: You are baking a cake called “industrialization”. What ingredients are needed.
The Growth of Industry. Industrialization: Factors Plentiful Natural Resources Improved Transportation Growing Population/High Rates of Immigration New.
Your Warm-up Do you see an old woman or a young lady?
SOL Review Part II UrbanizationIndustrialization Progressive Movement Miscellaneous 600.
Thomas Edison (the “Wizard of Menlo Park”) was the greatest inventor of the 1800s In his New York research lab, he invented the 1 st phonograph, audio.
Industrialists of the late 1800s Were they Captains of Industry (shiny) or Robber Barons (rusty)?
Gilded Age.
Robber Barons vs. Captains of Industry
INDUSTRIAL REVOLUTION SOL 8b. THE TRANSFORMATION OF THE AMERICAN ECONOMY FROM A PRIMARILY AGRARIAN TO A MODERN INDUSTRIAL ECONOMY AND IDENTIFYING MAJOR.
The Free Enterprise System The Corporation Before the Civil War, most American businesses were owned by individuals or by a group of partners. After the.
American Industrial Revolution, Again What created the modern industrial economy of the United States?
The Second Industrial Revolution Unit 1 Section 2 Part 5.
 Robber Barons  Steals from public  Interprets laws in their own favor  Pays workers low wages  Dangerous working conditions  Drains natural resources.
Cornelius Vanderbilt Andrew Carnegie John Rockefeller J.P. Morgan The Captains of Industry.
Resources/Inventions
Robber Barons or Captains of Industry?
TERM DEFINITION 1. Industrialization
Robber Barons vs. Captains of Industry
How do the “Robber Barons” make their fortunes?
GILDED AGE.
THESE ARE THE MEN WHO RESPONSIBLE FOR INDUSTRIALIZING AMERICA!
The Robber Barons or Captains of Industry?
Robber Barons.
Robber Barons vs. Captains of Industry
Presentation transcript:

Robber Barons and Heads of Capital U.S. History Industrialization Unit Day One

Cornelius VanderbiltJohn D. RockefellerAndrew CarnegieJ.P. Morgan Industry Company Notable Charitable Donations Treatment of Workers Other/View of Government Oversight

Cornelius VanderbiltJohn D. RockefellerAndrew CarnegieJ.P. Morgan IndustryRailroad CompanyMultiple Rail Companies in New York Notable Charitable Donations Founded Vanderbilt University Driving Force behind New York’s Grand Central Station Treatment of WorkersWhile building the Grand Central Terminal employed thousands, workers were paid very little and worked long hours Other/View of Government Oversight Opposed government oversight, wanted to maintain laissez-faire policies.

Cornelius VanderbiltJohn D. RockefellerAndrew CarnegieJ.P. Morgan IndustryRailroadOil CompanyMultiple Rail Companies in New York Standard Oil of Ohio Notable Charitable Donations Founded Vanderbilt University Driving Force behind New York’s Grand Central Station Rockefeller Foundation Gave large donations to Religious and Educational organizations Treatment of WorkersWhile building the Grand Central Terminal employed thousands, workers were paid very little and worked long hours Paid higher than market wages Rewarded workers with lengthy vacations and bonuses Other/View of Government Oversight Opposed government oversight, wanted to maintain laissez-faire policies. Opposed governmental attempts to destroy his oil monopoly

Cornelius VanderbiltJohn D. RockefellerAndrew CarnegieJ.P. Morgan IndustryRailroadOilSteel CompanyMultiple Rail Companies in New York Standard Oil of OhioCarnegie Steel Notable Charitable Donations Founded Vanderbilt University Driving Force behind New York’s Grand Central Station Rockefeller Foundation Gave large donations to Religious and Educational organizations Carnegie Hall Tuskegee Institute Many libraries and Universities Treatment of WorkersWhile building the Grand Central Terminal employed thousands, workers were paid very little and worked long hours Paid higher than market wages Rewarded workers with lengthy vacations and bonuses Poor treatment of Workers Long Hours, Low Wages and Unsafe Conditions The Homestead Strike Other/View of Government Oversight Opposed government oversight, wanted to maintain laissez-faire policies. Opposed governmental attempts to destroy his oil monopoly Bessemer Process makes steel production cheaper and faster.

Cornelius VanderbiltJohn D. RockefellerAndrew CarnegieJ.P. Morgan IndustryRailroadOilSteelBanking CompanyMultiple Rail Companies in New York Standard Oil of OhioCarnegie SteelJ.P. Morgan and Co. Edison General Electric Notable Charitable Donations Founded Vanderbilt University Driving Force behind New York’s Grand Central Station Rockefeller Foundation Gave large donations to Religious and Educational organizations Carnegie Hall Tuskegee Institute Many libraries and Universities Metropolitan Museum of Art American Museum of Natural History Treatment of Workers While building the Grand Central Terminal employed thousands, workers were paid very little and worked long hours Paid higher than market wages Rewarded workers with lengthy vacations and bonuses Poor treatment of Workers Long Hours, Low Wages and Unsafe Conditions The Homestead Strike Average for the time period (meaning not good) Played a Key role in the 1900 Pennsylvania Coal Strike Other/View of Government Oversight Opposed government oversight, wanted to maintain laissez-faire policies. Opposed governmental attempts to destroy his oil monopoly Bessemer Process makes steel production cheaper and faster. Believed that the success large corporations led to the success of the gov’t.