Activator  Review questions:  1. Do you think government regulation (passing laws that tell business what to do) is a good thing?  2. Why is competition.

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Presentation transcript:

Activator  Review questions:  1. Do you think government regulation (passing laws that tell business what to do) is a good thing?  2. Why is competition between business good for the consumer (the person who buys things)?  3. If a trust or cartel is set up to destroy business competition, should government stop them?  4. What was the most important thing the Progressives did?

Agenda  Activator, Agenda, and Objective (10 minutes)  Regulation, Trusts, and Progressives notes (15 minutes).  Debate (20 minutes)  Resolved: Government should regulate big business.  Post-Debate Summative Assessment (30 minutes)  Exit ticket

Trusts and Cartels  TRUST: A group of companies run by a board of trustees set up by a business leader so they can control market and get rid of competition.  Mainly formed to eliminate business competition.  Example: John Rockefeller buying up all the small oil refineries until he owned over 90% of the oil refineries in the U.S. but running them under a board of trustees.  CARTELS: A group of independently owned business that agree to set prices at a certain level.

Progressives  Goals:  1. Government should listen to citizens more.  2. Government should restrict wealthy from having too much power.  3. Government should be more involved in improving people’s lives (workers rights, welfare, care for elderly).  4. Government should be less corrupt and more efficient in order to take on this expanded role.

Progressives  Regulations: 1. Meat packing – (Sinclair’s Jungle) – sanitary conditions – food inspections. 2. City government reform – attacking the bosses. 3. Running utilities and providing welfare services like parks, pools, etc. 4. TR’s Square Deal – threatened to take over coal industry. Antitrust activism – prevented companies from buying up the stock of smaller companies to create a monopoly. 5. Pure Food and Drug Act and the Meat Inspection Act. 6. Department of Labor – Children’s Bureau and Women’s Bureau th amendment: allows federal government to collect taxes.

Debate  Should government regulate business?  Regulation: Government making laws restricting what business can do. Goes against laissez faire capitalism.  Affirmative: Argues yes government should regulate.  Negative: Argues no government should not regulate.

Debate format  1. Affirmative Speech  2. Negative Cross Examination  3. Negative Speech  4. Affirmative Cross Examination  5. Affirmative Rebuttal  6. Negative Rebuttal

and Summative Assessment  Should the government regulate big business?  Pick a side and argue it.  Use specific examples of cartels and trusts.  Discuss what you think is the best argument on the other side.  Students discuss corporate mergers that produced trusts and cartels and the economic and political policies of industrial leaders.  Students understand the response of the Progressives.

Exit Ticket  We meet Monday, Wednesday, Friday next week.  There will be a multiple choice exam next Wednesday. I want to give you plenty of time to study.  Begin completing the study guide provided.  This should be fully completed and turned in before class on the day of the exam.

Questions  1. The early efforts of the American Federation of Labor focused on  2. The main benefit gained by unions during the late Nineteenth Century was  3. During the late 1800s, the reason labor unions had difficulty achieving their goals was that  4. What was needed as a result of rapid urbanization?  5. Immigrants arriving between 1880 and 1900 settled in cities along the eastern coast because…