Cars Savings Vacation Philanthropy philanthropy Charitable work andor fundraising He was an American shipping and railroad tycoon that helped create an 1800s global transport network He was called commodore because he made his fortune in shipping ID: 709344
Download Presentation The PPT/PDF document "If you won the lottery, make a quick lis..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Slide1
If you won the lottery, make a quick list of what you would do with your money.
Cars
Savings
Vacation
PhilanthropySlide2
philanthropy
Charitable work and/or fundraising.Slide3
He was an American shipping and railroad tycoon that helped create an 1800’s global transport network. He was called “commodore” because he made his fortune in shipping. In the late 1840’s, he established the
Accessory Transit Co. to move passengers and freight from New York to the C
alifornia gold fields by way of Central America. In the 1860’s, Vanderbilt
added railroads to his transportation network by buying the controlling stock in the
New
Y
ork and Harlem railroad. Soon he had taken over and consolidated the Hudson River and New York Central railroads.
Cornelius VanderbiltSlide4
Leland Stanford
Born to a new
york
farming family , attended excellent schools. Practiced law in
wisconsin and made a career in california. Built the western section of railroads. Served one term as governor.His political connections helped him obtain huge state land grants and other benefits for his railroad companies.Slide5
Andrew
Carnegie
When
he
was 12, his family left scotland to immigrate to the united states. He first worked in a cotton factory for $1.20.
While working for thomas scott, years later, he learned about industrial leaders and investing. By the 1890’s he was one of the world’s richest men. By the age of 64 his steel company was worth $480 million (13.5 billion today).Slide6
After he became very wealthy, Carnegie donated 2,509 libraries to towns and cities throughout the world at a cost of more than $56 million.
His intention was that his libraries be “free to the people forever,” words that are often inscribed on the buildings. Many of these libraries are still in use today.Slide7
J.P
Morgan
He provided loans to the US government to help save the gold standard. This fixes the unit of currency equal to a set amount of gold.
He was also a huge supporter of the arts. Morgan was one of the early supporters of the metropolitan museum of art. Slide8
John D.
rockefeller
“Growth of business is merely a survival of the fittest.”
Like
carnegie
, he valued vertical integration. He bought railroad tanker cars to carry his oil and forced a 10 percent rebate from the railroads. He also got kickbacks on his competitor’s oil shipments. When pipelines began to carry oil, he set up a pipeline network. By 1890, he was worth $800 million.Standard oil companies still exist as independent companies such as – exxonmobil
, chevron and
amocoSlide9
Write
a Eulogy
NAME / ANNOUNCEMENTFull name of the deceased, including nickname, if anyResidence (for example, the name of the city) at deathAge, day and date of death (remember to include the year)Cause of death
LIFEDate and place of birth Childhood: siblings, stories, schools, friendsMarriage(s)Education: school, college, university and otherEmployment Places of residenceHobbies, sports, interests, activities, and other enjoymentCharitable, religious, political
, and other affiliations; positions heldAchievements and DisappointmentsUnusual attributes, humor, other stories FAMILYSurvived by (and place of residence):SpouseChildren (in order of date of birth, and their spouses)Pets (if appropriate)SERVICE informationSlide10
How might this cartoon relate to the tycoons?Slide11Slide12
Do Now
1. businesses that sell portions of ownership called stock shares
2. profits3. total ownership of a product or service4.
ownership of businesses involved in each step of a manufacturing process5. owning all businesses in a certain field6. a legal arrangement grouping together a number of companies under a single board of directors7. a view of society based on scientist Charles Darwin’s theory of natural selection
Horizontal Integration Monopoly Trust Dividends Corporation Social Darwinism
Vertical IntegrationSlide13
Corporation
– businesses that sell portions of ownership called stock sharesDividends - profits
Monopoly – total ownership of a product or serviceVertical integration – ownership of businesses involved in each step of a manufacturing processHorizontal integration - owning all businesses in a certain field
Trust – a legal arrangement grouping together a number of companies under a single board of directorsSocial Darwinism - a view of society based on scientist Charles Darwin’s theory of natural selectionSlide14
What is the grossest thing you can imagine?Slide15
Sanitation 1893 NYCSlide16
Sewage disposal, Rhode Island 1895Slide17Slide18Slide19
Theodore Roosevelt (1901-1909)
gave that name to the reporters who were always sifting through the dirt (or muck) to find stories about corruption.
He meant the name as an insult, but muckrakers took up the name proudly.
MuckrakersSlide20
There were several well known muckrakers.
Muckrakers helped change the attitude of the public. Before their stories were published, many people tolerated corruption. Once people saw how corrupt politicians and businesses could possibly threaten the good of the nation, they joined the muckrakers in demanding reform.
Read excerpt and note interesting details.Slide21Slide22Slide23
Muckraker
Research
Sam Hopkins Adams – medicineJulian Assange – wikileaksLincoln Steffens –
The Shame of the CitiesSeymour Hersh – war abusesRachel Carson - environmentWoodward & Bernstein – Watergate scandalEdward R. Murrow – Joe McCarthy/communism scare