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The Growth of Big Business in the Late 19 th century)

The Growth of Big Business in the Late 19 th century). “It will be a great mistake for the community to shoot the millionaires, for they are the bees that make the honey, and contribute to the hive even after they have gorged themselves.” -Andrew Carnegie (1835-1919).

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The Growth of Big Business in the Late 19 th century)

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  1. The Growth of Big Business in the Late 19th century)

  2. “It will be a great mistake for the community to shoot the millionaires, for they are the bees that make the honey, and contribute to the hive even after they have gorged themselves.” -Andrew Carnegie (1835-1919)

  3. Social Darwinism • Charles Darwin • Theory of…… • Social Darwinism….what’s that???? • Positives? • Negatives? • Effects on the Present? "The law of competition may be sometimes hard for the individual, [but] it is best for the race , because it insures the survival of the fittest in every department." ---Andrew Carnegie, "The Gospel of Wealth, (1889) Herbert Spencer

  4. Social Darwinism Defined • Definition: holds that society should do as little as possible to interfere with people’s pursuit of success. • If government stayed out of the affairs of business, those who were most “fit” would succeed and become rich.

  5. Social Darwinism • Social Darwinists believed that society naturally evolved (and improved) by individual competition and the "survival of the fittest." Do you agree or disagree? Why?

  6. Key Question • Based on what we have done in class thus far, what do you believe caused the growth of big business in the late 19th and early 20th centuries? • Effects, both positive and negative of the growth of Big Business?

  7. Growth of Big Business…Causes • Decreased cost of shipping as result of railroad boom • New inventions make businesses more efficient • Rich supply of natural resources • Small firms merge to become giant companies

  8. Growth of Advertising “Any man can make soap…it takes a clever man to sell it”

  9. U. S. Corporate Mergers

  10. Perception: Robber Barons or Captains of Industry?

  11. The bosses of the senate Who is pictured in the cartoon? Where are they? What is happening? Theme/message of the cartoon?

  12. The Protectors of Industry What does this cartoon suggest about the relationship of workers to business leaders? Do you agree?

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