Big Business Monkey Business The Rise of Industry in the

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Big Business
Monkey Business
The Rise of Industry
in the
United States
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Why?
• SS.A.5.4.1: The student knows the
causes of the Industrial Revolution
and its economic, political, and
cultural effects on American
society.
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Remember the Big
Questions
• Can societies have winners
and losers at the same time?
• Can societal groups win and
lose at the same time?
• How are the winners and
losers reconciled?
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Another Question
to Consider
• Who were the winners and
losers in the creation of
“Big Businesses?”
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Before the Civil War
• Beginning of industry
• Relatively small industrial
production
• Localized industries
– Close to source of power
– Close to raw materials
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Before the Civil War
• Limited transportation
• Small corporations
• Limited labor supply
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Rise of “Big Business”
• The period after the Civil
War 1860-1910
– Monopolizing certain
industries
– Rise of powerful industry
leaders or “Robber
Barons”
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Business
Organization
• Little government
regulation
• Monopolization of industries
• Elimination of competition
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Focus
• Railroads
• Steel
• Oil
• Banking
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Powerful Industry
Leaders
• Cornelius Vanderbilt
• Andrew Carnegie
• John D. Rockefeller
• J. P. Morgan
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Controlling Out-ofControl Industries
•The government
steps in
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Your Task
• Work with other students.
• Present a clear picture of
how these industries grew.
• Show what government did
to address the situation.
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