The Rise of Big Business “Bigger Better Faster: The Changing Nation” Day 1: Cornell Note-taking Method • Objective: Students will be able to take notes using the Cornell Note-taking method to draw information from text and be able to speak or write about the topic. • Essential Questions: Students will be able to describe how technological advancements impact business productivity in the United States early development. Cornell Notes • Page setup Title of Text and pages • Draw a horizontal line about five lines up from the bottom. • Draw a vertical line down the page about one third of distance from the left. Cornell Notes • • Main Idea • • Key Question • (after notes • Key words & ideas Important dates/people/places Repeated/Stressed Info Ideas/brainstorming written on are board / overhead projector completed) • Info from textbook/stories • Diagrams & Pictures • Formulas Cornell Notes • Helpful Hints for Straight A Notes • Abbrev. , Paraphrase. • Use symbols (arrows, circles, underlining) or highlighting to emphasize important ideas and relationships. • Skip lines between ideas. • Within 24 hours, review notes and develop study questions on the left side. • Be aware of teacher clues.* Teacher Clues • How do I know if what the teacher says is important? • Repetition or stressed inflection • Voice gets louder/softer or faster/slower • Writing on the board or overhead • “This will be on the test.” • Gestures (hand/arm movements) • “This is important.” So, what about the bottom of my paper? What belongs in the bottom space? Name Date Class Period • Summary - review notes as soon as possible after class and write a summary in your own words about the main ideas. Are there any gaps in your understanding? (see next point) • Questions for the teacher. Summary paragraph Utilizing the Cornell Method • Read the text page(s) • Think: What is the key question. Use text features. • Task: Using your knowledge of sequence; take notes identifying key facts. Cornell Notes Rise of Big Business Pages 258-259 • Pg. 258 How did inventions change people’s lives? • • Inventions saved time and money Allowed people to do things they hadn’t done before • Pg. 259 What inventions increased productivity in businesses? • • Instant communication Some inventions kept machines working longer People could talk over long distances More goods could be produced Business could change and grow – hire more people, and people earned more money than before. Summary • • • Cornell Notes Rise of Big Business Pages 260-261 • • • Pg. 260 Explain why Andrew Carnegie sold steel at a very low price? Pg. 260-261 Describe what advantages large corporations had over small businesses. Explain why standard oil bought other oil companies? Summary • Andrew Carnegie manufactured steel for railways. • Bought fuel companies, railroads, and ships • Could get fuel for his factories and ship goods at a lower price • • • Small businesses couldn’t raise enough money Corporations sold shares to many people Could raise large amounts of money • To reduce competition Cornell Notes Rise of Big Business Pages 261 • Pg. 261 How did competition help consumers? • • With competition company keeps prices low Keeps quality high • How does a company with few competitors hurt consumers? • • Companies may raise prices May provide poor service • How can a company • eliminate • competition? Summary Have no competition A company buys other companies that sell the same product to eliminate competition