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Chapter 4 – Section 2

Chapter 4 – Section 2. The Growth of Big Business. 1. List 4 reasons why large business leaders were often referred to as “robber barons”. 2. AT the same time these business leaders were also called “captains of industry”. List 3 reasons for this positive view.

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Chapter 4 – Section 2

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  1. Chapter 4 – Section 2 The Growth of Big Business

  2. 1. List 4 reasons why large business leaders were often referred to as “robber barons”. • 2. AT the same time these business leaders were also called “captains of industry”. List 3 reasons for this positive view.

  3. 3. Who was Andrew Carnegie? • 4. What was Social Darwinism? • 5. What is a monopoly? Why are they bad? • 6. How do cartels work?

  4. 7. Who was John D. Rockefeller and how did his Standard Oil Trust allow him to get around anti-monopoly laws? • 8. Why did anti-monopoly laws (like the Sherman Antitrust Act) not really work?

  5. 9. What was the difference between vertical and horizontal consolidation? • 10. Why did the country go into a 4 year depression in 1893? • 11. What is the “business cycle”?

  6. Homework • Draw 2 cartoons – One depicting business leaders as “robber barons” and the other as “captains of industry”. • Alternatively, write a 200 word essay that explains why business leaders were given each of these nicknames and which you think is more accurate.

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