Rise of ____ ______. Big Business Corporation –Produces ______ goods _______ –Continue to...

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Rise of ____ ______

Transcript of Rise of ____ ______. Big Business Corporation –Produces ______ goods _______ –Continue to...

Big Business• Corporation–Produces ______ goods

_______–Continue to operate in

poor economic times (_______and ________ cost)–________out ________

competitors–________ ______

philosophy–Social ___________

______________ INTEGRATION

• Vertical integration; A person that _____ out his ______, i.e.: (coal fields, iron mines, ore freighters, and rail lines) in order to _________ materials and transportation

VERTICAL INTEGRATIONCarnegie

Steel

Refinery

Rail Lines

Raw Materials

Limestone Quarries

Iron Ore Fields

Coal Mines

HORIZONTAL INTEGRATION

• ________ Integration; ________companies that produce _______ products that causes ________

– example: steel companies, oil, etc.

MERGERS

HORIZONTAL INTEGRATION

Standard Oil

Refinery Refinery Refinery

Business Practices• ________– __________company

achieves ________ of an ______ market

• _______–Legal

movement allowing trustee to control several companies & run them as one

________

________ Flood into the United States

Many left of find ______ ______ in the U.S.

Others left to avoid ________ persecution.

_______ American Immigration to America

China suffering from __________, ______ and _______

Discovery of ______ brought many Chinese to America

________ also immigrated to the U.S.________ _______ was set up to handle

__________ Immigration

• _________, Congress passed the ________ ________ Act:–1. Banded __________ immigration

for _____ years –2. ________ _______ already living

in U.S. from becoming citizens

Urban Problems• City living posed threats such as:• ________• ________• ________• ________• ________• ________– ______ born Americans

blame immigrants for these problems

Gospel of Wealth• ______ _______- Helped combat

industrialism and urban problems through reforms.

• _______ _____ – ________– noted that many cities problem with book, “How the other half lives.”

• Wealthy Americans have the responsibility of engaging in __________:–Using _____ ______ to combat social issues

in urban America.

_______ Machine (factory owners) – an “unofficial” political group designed to _____and ____ power, came about partly because cities had grown much faster than their governments.

In exchange for their votes, PARTY BOSSES would provide _____dwellers with _____, ______, ______, ______and

_______ protection.

The _______ Machine & the _____Boss

BO

SS

ISM

_______M. “Boss” ______was one of the biggest __________Bosses, a corrupt leader and was eventually arrested for corruption in New York City.