1. Captains of Industry or Robber Barons ?

2. Robber Baron By the 1890s the term was used to attack any businessman who used questionable practices to become wealthy. It combines the sense of criminal ("robber") and illegitimate aristocracy ("baron").

3. Captains of Industry describing a business leader whose means of amassing a personal fortune contributes positively to the country in some way

4. John D. Rockefeller Standard Oil

5. buy out"take-over". Horizontal integration - a firm is being taken over by, or merged with, another firm which is in the same industry. This process is also known as a "buy out" or "take-over". Goal: consolidate like companies and monopolize an industry.

6. Andrew Carnegie Andrew Carnegie Steel Industry

7. Vertical Integration

8. J. P. Morgan J. P. Morgan Banking Someone had to lend them the money for the large corporations.

9. Social Effects of Industrial Revolution “Rags to Riches” Gilded Age (1870 – 1900)

10. Social Effects of Industrial Revolution Urbanization

11. Tenements

12. Child Labor

13. Social Effects of Industrial Revolution Labor Unions and Legislation MinesFactories Timber Industry

14. Social Effects of Industrial Revolution Labor Unions and Legislation By late 1800’s the fastest growing class of people in the western world was the Middle Class Women: “A woman’s place is in the home”

15. Social Effects of Industrial Revolution SUFFRAGE Rights of Women to vote Susan B. Anthony

16. Political and Economics New Ideas Capitalism – Free Enterprise

17. Political and Economics New Ideas Socialism – Private ownership of business withprofits being shared by all Utilitarianism - “greatest happiness for the greatest number”

18. Political and Economics New Ideas Communist Manifesto – Karl Marx

19. Political and Economics Communist Manifesto – Karl Marx Struggle between social classes would lead to a classless society Bourgeoisie vs Proletariat Workers would rise up and take control of all production (controlled by the state – gov. for the people, by the people)

20. By the early 1900’s Germany and United States were the Industrial leaders in the world…Germany and United States were the Industrial leaders in the world…

21. Union Fights Midwest – Auto Industry Steel Manufacturing West Virginia Coal Mines Northwest – Boeing Aircraft Timber Industry

22. SAT Scores by State Union vs Non-Union Only Top Students Take Test – Validity 1Iowa3% 610615588 1813 RTW 2Wisconsin5% 594608582 1784 U 3Minnesota7% 595609578 1782 U 4Missouri5% 595600584 1779 U 5Illinois6% 588604583 1775 U 6Michigan5% 584603575 1762 U 7South Dakota3% 589600569 1758 RTW 8Nebraska4% 587594572 1753 RTW 9North Dakota3% 590593566 1749 RTW 10Kansas7% 581589564 1734 RTW 11Kentucky7% 573 561 1707 U 12Oklahoma5% 575571557 1703 RTW 13Tennessee10% 571565 1701 RTW 14Arkansas5% 572 556 1700 RTW 16Wyoming5% 567568550 1685 RTW 17Mississippi4% 567554559 1680 RTW 18Louisiana7% 563558555 1676 RTW 19Alabama7% 557552549 1658 RTW 20Utah6% 559558540 1657 RTW

23. SAT Scores by State Union vs Non-Union Test is Optional – around 50% 25Washington53% 524531507 1563 U 28Oregon52% 523525499 1548 U 29Vermont64% 518 506 1543 U 32Alaska46% 520516492 1528 U 33Virginia68% 511512498 1522 RTW 34California49% 500513498 1511 U 37Maryland69% 500502495 1498 U 38Rhode Island66% 498496494 1489 U 39North Carolina63% 495511480 1487 RTW 40Nevada42% 501505479 1485 RTW 41Indiana63% 496507480 1484 U 44Florida59% 497498480 1476 RTW 45Texas51% 486506475 1468 RTW 48South Carolina67% 486496470 1453 RTW 49Hawaii58% 479502469 1451 U

24. SAT Scores by State Union vs Non-Union Push the Students to Take Test – Over 75% 26New Hampshire75% 523 510 1557 U 27Massachusetts84% 514526510 1551 U 30Connecticut83% 509513512 1535 U 36New Jersey76% 496513496 1506 U 42Delaware71% 495498484 1478 U 43Pennsylvania71% 493501483 1478 U 46New York85% 485502478 1466 U 47Georgia71% 490491479 1461 RTW 50Maine90% 468467455 1391 U 51DC79% 466451461 1379 UNK