1. DO NOW

2. Simulation Phase One How many companies are selling pencils?
What happened to prices as companies competed to sell pencils?
As the consumer, how are you feeling right now? Why?

3. Simulation Phase Two How many companies are selling pencils?
Why do you think Mr. Nilsson’s company bought out one of the other pencil companies?
As the business owner, how do you think Mr. Nilsson is feeling right now? Why?

4. Simulation Phase Three How many companies are selling pencils?
What has happened to pencil prices? Why?
As the consumer, how are you feeling right now? Why?

5. do now:
What is a monopoly? Describe it and provide an example of a modern monopoly.

6. 804: The Rise of Corporations
2/15

7. Questions??? Industrialization Laissez-faire economics New inventions
Railroads
The transcontinental railroad
Robber barons
Corporations
Monopolies
Andrew Carnegie
John R\Rockefeller

8. Food for thought
Should McDonald’s have any say in food policy? (Laws about food)

9. Tammany Hall – NYC
What do you think this cartoon implies about the featured man’s political role?

10. Tammany Hall – NYC
Political “machine” run by Boss Tweed in NYC (late 1800s)
corruption and patronage

11.
Gangs of New York

16. Monopolies

17. Famous Industrialists
Andrew Carnegie - Carnegie Steel (Vertical)
JD Rockefeller – Standard Oil (Horizontal)
JP Morgan - Banking
Cornelius Vanderbilt – Railroads

18. Captains of Industry vs. Robber Barons
Philanthropists v. terrible employers

19. pp. 420-425 Analyzing Visuals, p. 420 Analyzing Visuals, p. 423
Answer questions 1-2
Analyzing Visuals, p. 423
Analyzing Visuals, p. 425
Answer question 2 only

20. Political Cartoons

21. What is your early assessment
What is your early assessment? Are early industrialists captains of industry or robber barons? Cite evidence from at least two cartoons in your response.