The Growth of Big Business

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The Growth of Big The Growth of Big Business Business Chapter 6.2 Chapter 6.2

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The Growth of Big Business. Chapter 6.2. Robber Barons or Captains of Industry? Pg. 238-239. Do you believe Rockefeller and Carnegie were Robber Barons or Captains of Industry? Why or Why not? “I believe Carnegie was a Robber Baron/Captain of Industry because…” - PowerPoint PPT Presentation

Transcript of The Growth of Big Business

Page 1: The Growth of Big Business

The Growth of Big The Growth of Big BusinessBusiness

Chapter 6.2Chapter 6.2

Page 2: The Growth of Big Business

Robber Barons or Captains of Robber Barons or Captains of Industry? Pg. 238-239Industry? Pg. 238-239

Do you believe Rockefeller and Carnegie Do you believe Rockefeller and Carnegie were Robber Barons or Captains of were Robber Barons or Captains of Industry?Industry?

Why or Why not?Why or Why not?

““I believe Carnegie was a Robber I believe Carnegie was a Robber Baron/Captain of Industry because…”Baron/Captain of Industry because…”

““I believer Rockefeller was a Robber I believer Rockefeller was a Robber Baron/Captain of Industry because…”Baron/Captain of Industry because…”

Page 3: The Growth of Big Business

Social Darwinism. Pg. 239Social Darwinism. Pg. 239

What was the Theory of Social What was the Theory of Social Darwinism?Darwinism?

Was it a Valid theory?Was it a Valid theory?

““The theory of Social Darwinism The theory of Social Darwinism was… was…

We believe it was/was not a valid We believe it was/was not a valid theory because…”theory because…”

Page 4: The Growth of Big Business

Business on a larger scale. Pg. Business on a larger scale. Pg. 239-240239-240

What were the advantages of What were the advantages of Business on a larger scale?Business on a larger scale?

Why was that an advantage?Why was that an advantage?

““One advantage of Business on One advantage of Business on a larger scale was…”a larger scale was…”

Page 5: The Growth of Big Business

New Market Structures. Pg. 240New Market Structures. Pg. 240

What are Oligopolies and What are Oligopolies and Monopolies? Are they good or bad?Monopolies? Are they good or bad?

““Monopolies are …”Monopolies are …” “ “ Monopolies are good/bad Monopolies are good/bad

because…”because…” ““Oligopolies are … Oligopolies are … ““Oligopolies are good/bad Oligopolies are good/bad

because…”because…”

Page 6: The Growth of Big Business

Carnegie Steel and Standard Oil Carnegie Steel and Standard Oil Trust. Pg 240-242Trust. Pg 240-242

What was important about Carnegie What was important about Carnegie Steel and Standard Oil Trust?Steel and Standard Oil Trust?

““One thing important about One thing important about Carnegie Steel is…Carnegie Steel is…

“ “ One Important thing about One Important thing about Standard Oil Trust is…”Standard Oil Trust is…”

Page 7: The Growth of Big Business

The Government Response.The Government Response.Pg. 242Pg. 242

What was the government Response What was the government Response to the rise of Business?to the rise of Business?

““The government response to The government response to the rise of business was…”the rise of business was…”