1. Rise of Big Business

2. Looks good on the outside but underneath it is not
The Gilded Age
Looks good on the outside but underneath it is not
Handful of very wealthy but majority are poor workers
Rags to Riches fairy tales

3. New inventions – new technology Cheap labor force Consumer market
Why Business Rise in US
Raw Materials
Coal, iron ore, petroleum, copper, wheat, cotton, wool
New inventions – new technology
Cheap labor force
Consumer market
Government policies
Leaders willing to take risk

4. Big Businesses Start Monopoly
Business men began to make monopolies by eliminating their competition
Complete control over their industry
Become very wealthy
Government Influence
Laissez faire – government is hands off and does not regulate businesses – NO RULES
Businesses can do anything they want

5. Captains of Industry Andrew Carnegie Hanes John D. Rockefeller Duke
Steel industry with Bessemer Process
John D. Rockefeller
Oil company
RJ Reynolds
NC tobacco/cigarettes leader
Hanes
Textile/clothing industry in NC
Duke
Energy/power company in NC
High Point
Furniture capital of America

6. Wealth!
Captains of Industry become wealthy by controlling their industry
Bought out competitors or forced them to close down
Did not waste money : Examples:
Only painted trains black because it was cheaper
Use every part of the animal
Oversaw every aspect of their company
Pay workers very little
Corrupt – bribe judges and city officials to get what they needed

7. Magazine Cover Must Include
Magazine Title
A central, important image for the “Cover Story” – topic
At least 4 news stories you would read about in the magazine on your topic
Can include interviews, stories about events or people
Should be clear and easy to understand how it relates to your topic
One connection sentence
Civil War Today SC Secedes! Shots Fired!! What does Pres. Lincoln Think?