Presentation is loading. Please wait.

Presentation is loading. Please wait.

Trusts Group of corporations run by a single board of directors. Stockholders receive high dividends Give up their right to choose board of directors.

Published byJeffry Stone Modified over 8 years ago

Similar presentations

Presentation on theme: "Trusts Group of corporations run by a single board of directors. Stockholders receive high dividends Give up their right to choose board of directors."— Presentation transcript:

1 Trusts Group of corporations run by a single board of directors. Stockholders receive high dividends Give up their right to choose board of directors.

2 Rockefeller’s Standard Oil Trust

3

4 Monopoly Monopoly controls all or nearly all the business of an industry. Ex. Standard Oil Company controlled 95% of all oil refining in U.S.

5 Sherman Antitrust Act, 1890 Bans the formation of trusts and monopolies.

6

7 ARE THERE ANY MONOPOLIES IN TODAY’S WORLD? HMMMMMM………..?

8 Free Enterprise System Businesses are owned by private citizens.

9 FREE ENTERPRISE 1. PRIVATE OWNERSHIP 2. COMPETITION 3. GOOD PRODUCT AT GOOD PRICE

10 Free Enterprise In The Fast Food Industry

Download ppt "Trusts Group of corporations run by a single board of directors. Stockholders receive high dividends Give up their right to choose board of directors."

Similar presentations

STEEL The growth of the railroads after the Civil War fueled the growth of the steel industry Originally trains ran on iron tracks, however those wore.

STEEL The growth of the railroads after the Civil War fueled the growth of the steel industry Originally trains ran on iron tracks, however those wore.
Corporations & Bankers Big factories have now replaced small factories = cheaper goods, faster service Railroads distributed these goods across the nation.

Corporations & Bankers Big factories have now replaced small factories = cheaper goods, faster service Railroads distributed these goods across the nation.
DO NOW Pretend you are writing the directions to include in the game Monopoly.

DO NOW Pretend you are writing the directions to include in the game Monopoly.
SECTION 1 Corporations Gain Power Economic Growth Brings Wealth and Poverty November 2011.

SECTION 1 Corporations Gain Power Economic Growth Brings Wealth and Poverty November 2011.
By: Thomas, Jess, Devon, and PJ.  Civil War  Expanding economy  Larger travel  To unite the west and the east (communication)  Rebates and pools.

By: Thomas, Jess, Devon, and PJ.  Civil War  Expanding economy  Larger travel  To unite the west and the east (communication)  Rebates and pools.
Bill Gates Rockefeller ENRON Examining Monopolies & The Impact of Historical Anti-Trust EDSE 420 – Mr. Peeler.

Bill Gates Rockefeller ENRON Examining Monopolies & The Impact of Historical Anti-Trust EDSE 420 – Mr. Peeler.
Chapter 7, section 3 questions

Chapter 7, section 3 questions
Strategies then and Now

Strategies then and Now
1. Growth of the Steel Industry  Civil War  Spurred the growth of the steel industry  Iron rails wore out quickly so they had to be replaced by steel.

1. Growth of the Steel Industry  Civil War  Spurred the growth of the steel industry  Iron rails wore out quickly so they had to be replaced by steel.
It’s not just a game……..It’s BIG BUSINESS

It’s not just a game……..It’s BIG BUSINESS
5.3 Big Business. I. The Rise of Big Business A.Following the Civil War, big businesses began to dominate the economy 1.Made possible by corporations.

5.3 Big Business. I. The Rise of Big Business A.Following the Civil War, big businesses began to dominate the economy 1.Made possible by corporations.
GUIDED READING ACTIVITY

GUIDED READING ACTIVITY
John D. Rockefeller. He made his money from oil. He controlled Standard Oil – a monopoly.

John D. Rockefeller. He made his money from oil. He controlled Standard Oil – a monopoly.
John D. Rockefeller & Andrew Carnegie Ch. 19.3.

John D. Rockefeller & Andrew Carnegie Ch
Cornelius Vanderbilt Vanderbilt built the railroads Majority of railway lines were owned by a few powerful men Offered secret deals to factories and industries.

Cornelius Vanderbilt Vanderbilt built the railroads Majority of railway lines were owned by a few powerful men Offered secret deals to factories and industries.
 a type of economy  ownership of the means of production, distribution, and exchange of wealth is made by private individuals or corporations  opposite.

 a type of economy  ownership of the means of production, distribution, and exchange of wealth is made by private individuals or corporations  opposite.
Economic Systems Additional Notes from Intro to Econ and Chapter 17 Packet.

Economic Systems Additional Notes from Intro to Econ and Chapter 17 Packet.
The Growth of Big Business in the Gilded Age Ch. 6, Sec 2.

The Growth of Big Business in the Gilded Age Ch. 6, Sec 2.
Chapter 20, Section 2 The Rise of Big Business What factors were responsible for the growth of huge steel empires after the Civil War? What benefits did.

Chapter 20, Section 2 The Rise of Big Business What factors were responsible for the growth of huge steel empires after the Civil War? What benefits did.
Bessemer Process The Bessemer process was the first inexpensive industrial process to convert iron into steel.

Bessemer Process The Bessemer process was the first inexpensive industrial process to convert iron into steel.

Similar presentations

Ads by Google