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14.3: “The Gilded Age”-Big Business
Opening Activity: Carnegie Cartoon Class Work: Gospel of Wealth reading and questions 20/20 Affluenza Teen Free Write Homework: GR 14.3
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“Case of Affluenza 1:25 – 6:42 / 18:00 – 23:17
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Free Write Prompt Critical Thinking: Based on the “affluenza” defense and society today, what’s your theory on how wealth should be distributed? Compare it to Carnegie’s. you must write for the full three minutes each of you will be required to share out with the class
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14.3: “The Gilded Age”-Big Business
Bell Work: What do you think is the best way to distribute the millions you will have upon your deathbed? Be ready to share! Class Work: Carnegie, New Business Strategies, and Social Darwinism Cartoon
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II. Carnegie’s Innovation
A. Carnegie Makes a Fortune Andrew Carnegie one of first moguls to make own fortune—rags to riches controls almost entire steel industry
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B. New Business Strategies
vertical integration—buy out suppliers control resources horizontal integration-–merges w/ competing companies
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I. Social Darwinism and Business
A. Principles Darwin’s theory of biological evolution: best-adapted survive Social Darwinism, or social evolution justify doctrine of laissez faire
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