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Compromise of 1877

Compromise of 1877. What gains did both Democrats and Republicans receive due to the Compromise of 1877?. Write two sentences describing the Compromise of 1877 and why it is important. The Industrial Revolution Were the Industrialists Robber Barons or Captains of Industry?. I. Causes.

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Compromise of 1877

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  1. Compromise of 1877 What gains did both Democrats and Republicans receive due to the Compromise of 1877? Write two sentences describing the Compromise of 1877 and why it is important.

  2. The Industrial RevolutionWere the Industrialists Robber Barons or Captains of Industry?

  3. I. Causes • Natural Resources • Pro-Business government policies • Loose-immigration policy • New Technology

  4. Cornelius Vanderbilt Railroads John D. Rockefeller Oil II. The Titans Andrew Carnegie Steel JP Morgan- Finance Thomas Edison- Electricity

  5. Video Questions • How did Vanderbilt become a successful businessman? • What did he do to his competitors in the railroad industry? • How did the railroads impact America?

  6. 6.3 Reading Quiz Define three of the following: • Vertical integration • Horizontal integration • Social Darwinism • Sherman Anti-Trust Act • Samuel Gompers • Eugene Debs.

  7. A. New Business Strategies • Horizontal Integration- Merge similar companies to eliminate competition, sometimes forcefully. • Vertical Integration- Buy out every step of the production process.

  8. B. Wealth Distribution • Business owners accumulated a large amount of wealth while keeping their worker’s wages low. • Many justified keeping so much by giving large donations to charities and a belief in Social Darwinism . -supported the notion of individual blame and responsibility -Believed they were rich because god favored them.

  9. C. Labor Movement • Workers formed labor unions to protect their rights and give them the power to collectively bargain • Business owners didn't’t like unions and the government often times took the side of the business owners. • Unions often used strikes that sometimes resulted in violence

  10. Reflection • What was said during the debate that caused you to change your position? Why? If nothing changed your mind explain why the arguments made were not effective. • What was most challenging or frustrating about having to take a position?

  11. Homestead Strike Document Analysis • How are Goldman and Frick’s claims about the Homestead strike different? • Whose claim is more believable? Why? • How are these documents different from the video?

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