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Explore the rise of big business in America with Vanderbilt's railroads, Carnegie's steel, Rockefeller's oil, and Morgan's banking. Understand their impact on society and the irony of their philanthropy. Engage with projects and tests to dive deeper into this transformative era.
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American History 10-31-14 DO NOW: Who would you chose to be – Vanderbilt, Rockefeller, Carnegie, or Morgan? Name their business. Tell why you would choose to be them? Agenda • Analyze Data • Multimedia • Overview • Notes • Student Workbook • Project
TEST Review • Vanderbilt = Railroads Vanderbilt University • Carnegie = Steel Libraries, Museums • Rockefeller= Oil • Morgan = Banking
Unfair Big Business Practices How Big Business treated employees. Low pay, bad working conditions What was ironic about how Vanderbilt, Carnegie, Rockefeller, and Morgan ran their businesses as opposed to what they ended up doing thie their money? They ruined other business, made them broke then donated money to charities.
Integration Vertical Horizontal buy all the materials buy all the businesses
Industrialization Test REVIEW ____1. What is a robber baron? ____2. What are unfair business practices? ____3. In what industry did JP Morgan gain and control his riches? ____4. In what industry did Andrew Carnegie gain and control his riches? ____5. In what industry did John Rockefeller gain and control his riches? ____6. How did Rockefeller, Carnegie, and Morgan treat his employees and competition? ____7. What did Rockefeller, Carnegie, and Morgan do with a lot of their money later in life? ____8. What is ironic about the way Rockefeller, Carnegie, and Morgan each ran their businesses as opposed to what they ended up doing with their money?
Industrialization Test • Take the Post-Test
Project- Inventions that Changed the World • Directions for the worksheet: • Open your book to pages 184-185. Look at the timeline of American Inventions 1865-1895. • Fill in the boxes by answering the questions.
Project –Create a Big Business NAME OF YOUR COMPANY ___________________________ NAME OF YOUR PRODUCT ___________________________ PRICE OF YOUR PRODUCT ___________________________ Describe how you will use each of these inventions to: • Make your product • Sell your product • Advertise your product • Ship your product • Sewing Machine • Light bulb • Camera • Telephone • Phonograph • Gas-powered automobile • Airplane
SURVEY • Log on to: http://school.survey.missouri.edu/student73/ • Enter your unique code on the sheet provided • Complete the Survey • COMPUTER TIME – Happy Halloween!