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King of Steel WHAT DOES THE WORD ‘MONOPOLY’ MEAN?

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Presentation on theme: "King of Steel WHAT DOES THE WORD ‘MONOPOLY’ MEAN?"— Presentation transcript:

1 King of Steel WHAT DOES THE WORD ‘MONOPOLY’ MEAN?
CLUE: HOW DO YOU WIN A GAME OF MONOPOLY?

2 By the end of the lesson you should be able to…
* Explain the reasons why Carnegie believed steel was the metal of the future. * Describe the advantages of the Bessemer process. * Explain the reasons why Carnegie was able to reduce his competition in the steel industry and dominate the industry.

3

4 Video Watch this video to find out how Andrew Carnegie became the King of Steel, and to have the monopoly on steel production in the USA: men-who-built- america/videos/the-men-who- built-america-andrew-carnegie

5 VIDEO QUEST: * According to David Nasaw, who did Carnegie hire in order to make his business a success? * What personal characteristics did Andrew Carnegie have that helped him become so successful?

6 Your BOOKLET QUEST: Read page 13 and complete questions 1-4 from page 14. Use the starter sentences below to help you. * Carnegie believed that steel was the metal of the future because… * The advantages of the Bessemer process were… * Firstly, Carnegie was able to limit his competition in the steel industry and dominate this industry was because… Also,… * Carnegie became the King of Steel. However, the public opinion on Carnegie’s approach was… Early Finisher? Proceed to task 2 in your booklet (page 16)

7 THE LEGACY GAME In the largest room of the Future Library close to the freestanding bookshelves is an exhibit of a Bessemer Converter. Tapping on it will begin the Homestead Steel Factory stage.


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