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World History 2. 4/13 to 4/17. Sunday 4/13 – do Now . Describe the effect agriculture and factors of production had in the production of goods. INTRODUCE QUARTER 4 PROJECT – DUE THURSDAY MAY 1. Sunday 4/13 – Business . As industrialization increases, corporations start to emerge.
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World History 2 4/13 to 4/17
Sunday 4/13 – do Now • Describe the effect agriculture and factors of production had in the production of goods. • INTRODUCE QUARTER 4 PROJECT – DUE THURSDAY MAY 1
Sunday 4/13 – Business • As industrialization increases, corporations start to emerge. • Small businesses join together to make a bigger business. • Example: 1800’s – A few large companies owned 2/3 of railways in U.S.
Sunday 4/13 – business • Stocks:rights of ownership • Corporations: business owned by stockholders who share the profit but are not personally responsible for the debt. • Examples: Standard Oil owned by RockefellerCarnegie Steel owned by Andrew Carnegie • Goal was the own every aspect of the industry
Sunday 4/13 Assignment • http://www.youtube.com/watch?v=pkJwOYagvuI • http://www.youtube.com/watch?v=z8GQNJ0WJb4#aid=P8vSZ7bcuZw • Read Pages 731–733 in your textbook and complete questions 10 to 16 on your guided notes.
Monday 4/14 Do Now • What is a corporation? What are some corporations you know of? (Keep in mind most large businesses are corporations)
Monday 4/14 • Complete the worksheet using pages 734-735 in your book.
Tuesday 4/15 Do Now • What is Laissez Faire Economics? Do you agree with it? Why or why not?
Tuesday 4/15 • Quiz: 24.4 and 25.1
Tuesday 4/15 Rise of Socialism • Utilitarianism • Jeremy Bentham • People should judge ideas, instructions and actions based on utility (usefulness) • Government should promote greatest number of good for greatest number of people.
Tuesday 4/15 Rise of Socialism • Utopian “Perfect Place” • Robert Owen • Reaction to poverty • He improved working conditions, rented houses at cheap rates and did not allow children under 10 to work in factories • ***Many argue that utopias are non-existent, why?***
Tuesday 4/15 Rise of Socialism • Socialism • All factors of production are owned by the public and operate for the welfare of all. • Government controls and evenly distributes wealth among people.
Wednesday 4/16 Do Now • Complete the skillbuilderon Page 737
Wednesday 4/16 – Communism • Karl Marx • Marxism – Radical Socialism • Wrote Communist Manifesto with Friedrich Engels • Division: “Haves” and “Have-nots” • Wealthy control production while poor provide backbreaking labor • Capitalism would destroy itself because large companies would drive out small and only a few people would control all of the wealth • Eventually the workers would revolt and take control of factories and profit leading to equality
Wednesday 4/16 – Communism • Communism • Complete socialism • All means of production (land, mines, transportation, businesses) were owned by the people • Everything was shared equally • Problem: Economics not the only factor in society (also have race, religion, politics) • Why does communism fail? Incentive
Thursday 4/17 Do Now • What is communism? Why do some believe it sounds good in theory, but fails in practice?
Thursday 4/17 - Unions • Union: voluntary labor association to make change • make negotiations between worker and employer over pay, working conditions, etc. • Strike: refusal to work
Thursday 4/16 Assignment • Read Page 738-740 and complete the following questions • Who led the way in forming unions? Why? • How did governments react to unions and strikes? Did this stop people? • What were the main goals of unions? • What are 3 reform laws and what was there significance? • In what ways did reform laws spread beyond factories? • What are the 3 views on slave labor? • Why did women lead reforms movements? • Who was Horace Mann and Alexis de Tocqueville and why were they important?