Robber Barons or Captains of Industry?
Robber Barons or Captains of Industry/Philanthropist?
All materials
are also in
the
presentation
if links don’t
work.
Net
Worth?
How did
he make
his
fortune?
Robber Baron
Philanthropist
Rockefeller
$400
He was the
He was a robber baron
because some of his
donations were said to be
made with tainted money
(illegal, or obtained in the
wrong way), which goes
against everything in his
industry.
He was a philanthropist
because he was a charitable
man. Throughout his life,
Rockefeller´s donations to
charitable causes were over
$500 million (12 billion in
today's money). He did this
because he strongly believed
in giving for a better future.
Eventually, his amount of
giving in life cost him so
much time and effort that he
had a mental breakdown. He
then created the Rockefeller
Foundation.
He was a robber baron
because most of his
money was made through
the low paying wages of
his workers who had to
work and labor to make
steel. He did not pay his
workers enough for them
to make a good living.
When the workers were
thinking of going on strike
there were rumors that he
even hired hush men to
intimidate them to be
quiet.
He was a captain of industry
because his business of
making iron into steel was
successful and innovative.
He even gambled with his
own money to make the
business successful. He also
donated to libraries to help
ensure the good future of the
young. Carnegie always
said the man who dies rich
dies disgraced. Carnegie at
the end gave away almost all
his money through society.
Evie
billion
founder of
the
Standard
Oil
Company,
which
controlled
(evidence)
the
majority of
the oil
industry.
Carnegie
(Jonah)
3.5
billion
Carnedie
made his
massive
fortune
through
the steel
company
he
owned
Jp morgan
25
billion
Large
stock
control
over
compani
(evidence)
. Advocated for a
Saved the United States
business minded politician multiple times from economic
to become elected
ruin.
Loaned the United States
. Created a monopoly by more than 60 million dollars.
exploiting the workforce.
Convinced top financers to
bail out failing financial
Robber Barons or Captains of Industry?
es board
. Eliminated the
competition to gain total
members
market control
of 49
institutions
corporati
ons
Vanderbilt
Adrian
215
Railroad
in
steambo
Billion
today's
money
and
at
business
He was a robber baron
because he paid very little
to his workers, they had to
work hard in unsafe
conditions, he outdid all
opposition which led to
him owning a monopoly,
and took no mercy upon
his opposition.
He was a philanthropist
because he lowered the
prices of steam travel and
shipping to 400 and then 100
dollars compared to his
competitors 600. He also
donated to Vanderbilt
University which was then
named after him.
What do you think?
Of the four,
Carnegie was the worst robber baron because he gave his workers the least
think was
went to great lengths to stop the worker strikes by even hiring men who
who do you
the worst
Robber
Baron?
amount of money to live on and he also profited off their labor. Carnegie
would intimidate the workers to stop protesting. Carnegie was a robber
baron who did not consider his workers' efforts.
Why?
Of the four,
Rockefeller was the best philanthropist because he donated the majority of
think was
donations to charitable causes were over $500 million (12 billion today).
who do you
the best
philanthrop
ist? Why?
his life to supporting charitable causes. Over the course of his life, his
Rockefeller did all of this giving because he believed in the younger, future
generations of the world.
Create a meme that demonstrates why one of the men
that we studied should be seen as Robber Barons or
Captains of Industry
Robber Barons or Captains of Industry?
Robber Barons or Captains of Industry?
Robber Barons or Captains of Industry?
Robber Barons or Captains of Industry?
Robber Barons or Captains of Industry?
Example: