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What you need to know: A. What your robber baron’s main trade was. Use pictures, text, quotes, just about any persuasive manner you can either put on a.

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Presentation on theme: "What you need to know: A. What your robber baron’s main trade was. Use pictures, text, quotes, just about any persuasive manner you can either put on a."— Presentation transcript:

1 What you need to know: A. What your robber baron’s main trade was. Use pictures, text, quotes, just about any persuasive manner you can either put on a poster board or in a video. B. What vertical integration and horizontal integration is; you will need to use it in your project. C. How they manufactured their goods. D. How they got their goods to the consumers (the people who used their products). E. What is the strategy you are going to use to persuade the rest of the class that your product is the best and that they should invest in it. USE PICTURES, USE TEXT, USE QUOTES, JUST MAKE IT WORK. BE CREATIVE!!

2 How you can do it: 1. You can do it on a poster board, and I don’t mean just slap it on and call it good. I mean make it look cool, make it look like something you would feel comfortable putting YOUR money in. Sell it. 2. You can put it on a video. This is way cool and I always enjoy watching these things. Like I said with the first one, you need to sell it, make it seem awesome, even if it really isn’t. 3. If you have a good idea you can run it by the teacher, he shall tell you yay or nay.

3 The Robber Barons: – Andrew Carnegie. Main industry: Steel – John D. Rockefeller. Main industry: Oil – Cornelius Vanderbilt. Main industry: Railroads – J. Pierpont Morgan. Main industry: Finance and Banking Andrew Carnegie John D. Rockefeller J.P. Morgan Cornelius Vanderbilt

4 Vertical Integration: Basically this is cutting out the middle man. It is when a company will buy out an industry their product has to go through to get sold and keep it for themselves so they can make more money. Big Company Owns:

5 Horizontal Integration: Where a person expands into a field of selling that is similar to the one they are already in. Getting rid of the competition so to speak. EX1. If McDonalds wanted to buy out Burger King. Horizontal Integration

6 http://muson.info/Homepage_files/It%27s Good to be Rich.htm http://muson.info/Homepage_files/It%27s Good to be Rich.htm This is just a link I thought would be helpful.


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