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Captains of Industry or Robber Barons?

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Presentation on theme: "Captains of Industry or Robber Barons?"— Presentation transcript:

1 Captains of Industry or Robber Barons?
Andrew Carnegie- Steel John Rockefeller – Oil Cornelius Vanderbilt-Railroads Henry Ford- Assembly Line Thomas Edison-Inventor George Westinghouse-Inventor Samuel Morse-Telegraph Alexander G. Bell- Telephone

2 Andrew Carnegie Developed an inexpensive way to produce steel.
“ America is built on steel” Railroads, bridges, skyscrapers, automobiles and a lot more Carnegie Steel became United States Steel Corporation Working Conditions were horrible for employees

3 Carnegie the “ Robber Baron”
Established a vertical monopoly, while driving out competition. Abused his workers Used force to break labor unions and strikes. Carnegie as a philanthropist Gave most of his money away. Have you heard of Carnegie Hall? How about Carnegie-Mellon Institute? What American city became famous for the steel industry?

4 John Rockefeller Developed the American oil Industry
Created a horizontal monopoly Drove competition out of business Like Carnegie called a “Robber Baron” Thought he was above the law. Richest man in Am. History Rockefeller Center, Gave billions away.

5 Henry Ford Used the assembly line to produce Cars that almost everyone could afford. Model-T Ford sold for less than $200 By the mid-1920s. Changed the way Americans lived.

6 Model-T Ford

7 Cornelius Vanderbilt “Commodore” Railroads and shipping Lots of money
Vanderbilt University “Commodores”

8 Vanderbilt Homes Breakers Biltmore

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