Do Now Name three top industrialists during any time in history. What are the top traits of these successful people?

Slides:

Advertisements

Similar presentations

THE SECOND INDUSTRIAL AGE

Advertisements

Robber Barons or Captains of Industry?

LT: I will be able to identify entrepreneurs during the Industrial Era and show knowledge of how a market economy works. BW: List 3 New inventions or industries.

Industrialization of America

Industrial Revolution SE.US Uses events and documents from history to develop and support a point of view regarding American identity and culture.

Inventors and Inventions of the 19 th Century Changing the way Americans Live – Creating Modernity.

Industrialization Ch 3.2. Tuesday, February 21, 2012 Daily goals: Understand how inventions supported economic growth, how laissez faire affected business.

Industrial America Steel is critical to industrialization – new method for steel production during this time: Bessemer Process – a day’s worth of production.

What spurred growth of industry?. ANSWER! Technological change.

The Rise of Big Business. Henry Bessemer Created a cheap and efficient process for making steel.

Industrialists Inventions Vocabulary Industrialization.

Industry. I. Industrial Giants A. Railroads Grow 1. New Inventions (3 You Already Have) 2. Consolidation -Big companies buy smaller companies -(ex. Today.

Industry and Immigration. Inventions In 1876 Alexander Graham Bell invented the 1 st working “talking telegraph” or telephone. The telephone would forever.

Industrialization was caused by 1. Westward Expansion Gold was discovered in California in Silver was discovered in Nevada in Transcontinental.

I. Industrial Giants A. Railroads Grow 1. New Inventions (3 You Already Have) 2. Consolidation -Big companies buy smaller companies -(ex. Today - American.

Chapter 6 An Industrial Society. Petroleum an oily, flammable liquid.

Industrialization Conditions for rapid industrialization –abundance of cheap natural resources –large pool of labor –government support without interference.

Objectives 4.04 – Describe innovations in agricultural technology and business practices and assess their impact on the West – Explain how businesses.

EARLY 20 TH CENTURY AMERICA VUS.8B Inventions and Innovations.

After the Civil War, the North and West grew quickly. Railroads helped the West grow, while industrial cities sprang up all over the north employing many.

Unit 2 Getting Down to Business How did the rise of big businesses help grow and shape America?

What factors influenced American growth and expansion in the late nineteenth and early twentieth century?

Chapter 9 Section 1 Industrial Revolution:

The Second Industrial Revolution Mid1850’s to the early 1900’s.

The Industrial Revolution Spreads. 1. New powers emerge – A. Other nations raced to catch up to Britain. – B. By mid 1800s, several nations caught up.

The Growth of US Industry 1865 to 1900 A. At the time of the Civil War, the US was still largely an agricultural country B. By the early 1900s, the United.

Survival of the fittest Government does not interfere with business Large companies forced small companies out of business. SOCIAL DARWINISM.

Sit Down, Shut Up, and WORK. Write your thoughts on these rules. Classes can extend beyond school hours. Lunch periods are 5 minutes. All tests are unannounced.

Inventions. Thomas Edison  Phonograph  Telegraph system  Light blub  At age 31 was known as the wizard of Menlo Park  His team would help him create.

Unit 2 Getting Down to Business How did the rise of big businesses help grow and shape America?

Industrial America. The United States will transform its economy after the Civil War Factories, manufacturing, large-scale agriculture and big business.

The Growth of Industry SOL: VUS.8b Objective: The student will demonstrate knowledge of how the nation grew and changed from the end of Reconstruction.

INDUSTRIAL REVOLUTION SOL 8b. THE TRANSFORMATION OF THE AMERICAN ECONOMY FROM A PRIMARILY AGRARIAN TO A MODERN INDUSTRIAL ECONOMY AND IDENTIFYING MAJOR.

Urbanization. Ways People Got Rich Turn of the Century Business  Government still believes in: laissez faire  At this point that means that: there.

Review for Quiz #1 (Notes 1 – 4) Immigration and Industrialization.

The Rise of Big Business Chapter 14 Section 2 Learning Goal: I will be able to identify the leading industrial tycoons, and what they achieved. US.6 Describe.

The Industrial Revolution Spreads

THIS IS JEOPARDY. THIS IS JEOPARDY Robber Barons Big Business Labor Unions Railroads Inventions Corporations

Industrialization in the late 1800s

Industrial Revolution

Robber Barons or Captains of Industry?

What fueled the modern industrial economy?

U.S. History Review Unit 5.

Cities and the Industrial Revolution

Ch 25 The Rise of Industry.

Expansion of Industry.

Topic: Assessing the impact of Corporate Consolidation of American Industry and Technology Do Now: “Industrialists like Carnegie, Vanderbilt, and Rockefeller.

Technology and Industrial Growth

Railroads: Precursor of the Industrial Revolution

What spurred growth of industry?

Big Business Vocabulary

Do Now What is mechanization? What is industrialization?

Industrial Revolution

Factors Encouraging American Industrial Growth

Technology, Industrial Growth, and Big Business

Turn & Talk What are the three most important innovations, or inventions, of your lifetime?

Captains of Industry.

The Triumph of Industry

Industrialization in the United States

Industrialization, Immigration, Urbanization in the U.S

Business owned by investors who buy shares of stock.

Industrialization US History Objectives: **Discuss the rise of the

The 2nd Industrial Revolution

Industrialization Notes

THE GILDED AGE BIG BUSINESS.

US Industry and the Gilded Age history

Industrial Revolution

The Industrial Revolution Spreads

Emergence of Modern America & Its Modern Industrial Economy

Presentation transcript:

Do Now Name three top industrialists during any time in history. What are the top traits of these successful people?

Do Now Compare current business titans to the titans around What is different? What is the same?

What tools did business leaders use to GET BIG ? The business leaders exploited technology. --Using Bessemer process for steel. --Refining oil into kerosene. Used modern business structures to expand. Persevered through hardship and worked hard. Lobbied the government. They exploited human beings (labor).

Lobby Seek to influence government officials

exploit Use other human beings unfairly.

Business leaders leveraged the laissez- faire environment of “no rules.” Companies issued shares of stock. Many people could share the profits (and losses) of the companies. Companies tried to win total control over industries…monopoly. Rockefeller and Carnegie used trusts to create monopolies. How did BIG BUSINESS use those tools?

Why do business owners sell stock in their companies? Potential alone Current Potential with cash from Investors. Compare areas

Monopoly One company controls the market.

Titans of American industry Vanderbilt --water transportation --railroads

Titans of American industry Rockefeller -- kerosene refined from oil --oil to fuel railroads

Titans of American industry Carnegie --telegraph --railroad --steel

Titans of American industry Morgan --finance

What paths did industrialists take to achieve monopoly (total control)?

Henry Ford—assembly line

Regular Company Trust What paths did industrialists take to achieve monopoly (total control)? Trust help you leverage economies of scale…and proactively destroy competitors.

Oil discovered in Pennsylvania in 1859 (new technology—no one had used the “oozing” stuff for fuel ever before) Edison invented the light bulb in1879 and created an electric plant to light whole cities. Bell invented telephone in ,000 businesses had telephones by Ford mass produced cars in He “invented” assembly in Wright brothers flew in What are examples of American technologies during the late 1800s and early 1900s?

Income controlled by top 10% (decile) of the population Source: New Yorker Magazine