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“Robber Barons”, Unions, & Strikes Union = A group joined together for a common goal / purpose.

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Presentation on theme: "“Robber Barons”, Unions, & Strikes Union = A group joined together for a common goal / purpose."— Presentation transcript:

1 “Robber Barons”, Unions, & Strikes Union = A group joined together for a common goal / purpose

2 The Industrial Revolution Cheaper goods Large Factories = Jobs for Workers $$$ of Industry used for good causes Dangerous Workplace Corrupt Business Practices Long hours / low pay for workers No competition Positives Negatives

3 “Robber Barons” Monopolies = Complete control over prices, wages, production “Robber Barons” = Use of unethical business tactics –Andrew Carnegie (Steel) –John D. Rockefeller (Standard Oil) –J.P Morgan (Holding Co.) “Robber Barons?” –Carnegie (Donated 90% of his fortune) –Rockefeller ($500 Million)

4 Working Conditions 7 Day work week 12+ hours per day No Vacation / Sick Leave No health benefits 675 Deaths / Week (1882) 20% Under 15 years old Yearly pay = $498 (1899) –$11,000 (2005)

5 Labor Union’s Emerge American Federation of Labor (AFL) = Skilled Laborers Industrial Workers of the World (IWW) = Unskilled Laborers Used “Strikes” to force companies to meet their demands for better working conditions –Result = Violence

6 Strikes & Violence Fuels Progress? The Haymarket Affair = Bomb kills police / strikers in Chicago (Public against Labor Unions) The Homestead Strike = 6 Month strike broken by National Guard The Pullman Car Strike = President orders troops to break the boycott of trains The Triangle Factory Fire = Locked up workers burnt alive (146 dead)

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11 Industrial Consolidation: Iron & Steel Firms

12 U. S. Corporate Mergers

13 Iron & Steel Production


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