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Captains of Industry or Robber Barons ?

Captains of Industry or Robber Barons ?. 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"). Captains of Industry.

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Captains of Industry or Robber Barons ?

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  1. Captains of Industryor 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. RockefellerStandard Oil

  5. John D. RockefellerStandard Oil 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 CarnegieSteel Industry

  7. Andrew CarnegieSteel Industry Vertical Integration

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

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

  10. Social Effectsof Industrial Revolution Urbanization

  11. Social Effectsof Industrial Revolution Tenements

  12. Social Effectsof Industrial Revolution Child Labor

  13. Social Effectsof Industrial Revolution Labor Unions and Legislation Mines Factories Timber Industry

  14. Social Effectsof 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 Effectsof Industrial Revolution SUFFRAGE Rights of Women to vote Susan B. Anthony

  16. Political and EconomicsNew Ideas Capitalism – Free Enterprise

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

  18. Political and EconomicsNew 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…

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

  22. SAT Scores by StateUnion vs Non-UnionOnly Top Students Take Test – Validity

  23. SAT Scores by StateUnion vs Non-UnionTest is Optional – around 50%

  24. SAT Scores by StateUnion vs Non-UnionPush the Students to Take Test – Over 75%

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