PPT-ROCKEFELLER and MONOPOLIES

Corporations Businesses need money to grow One way to get money is to become a corporation Corporations sell shares of the business called stock to the public People who own stock are known as . Captain of Industry or Robber Baron . Rania Elmrini, . Alicia . Cradle . and Marilyn . Tenecela. An Introduction to John D Rockefeller. John D Rockefeller was a natural . businessman with a strong moral sense and intense religious . Japan’s power monopolies raise costs and stifle innovation. . Ten regional monopolies (including TEPCO) are stifling innovation. Green technology needs more work (Needs more academic funding). Some politicians in favor of monopolies/ others against them. A person involved in the ownership and management of an industry.. Format the page in your notebook like the example on the right.. John D. Rockefeller. Andrew. Carnegie. Cornelius Vanderbilt. INDUSTRIALISTS. Monopoly. -A situation in which a . single. . company. . owns. all or nearly all of the . market. for a given type of . product. or . service. . . No competition!!!. Cartel. loose . association of businesses making the same product, that agree to share certain business practices, such as same pricing.. Extortion:. Forced against your will. Rebates. :. discount or refund on “freight charges”. Drawbacks / Kickbacks:. . . Standard Oil gave certain railroads all its shipping business if it agreed to charge Standard Oil 25% to 50% less than its competitors. More than Just a game. Why did Big Business grow?. Availability of work force. National markets created by transportation. Lower-cost production. Inventions. Advertising. Financial resources. Access to raw materials and energy. -A situation in which a . single. . company. . owns. all or nearly all of the . market. for a given type of . product. or . service. . . No competition!!!. Cartel. loose . association of businesses making the same product, that agree to share certain business practices, such as same pricing.. What is a monopoly?. A monopoly forms when barriers prevent firms from entering a market that . has a single . supplier with close to no substitute goods. .. Monopoly markets only have one seller, whereas, perfectly competitive markets have multiple sellers.. The Fat cats. Setting the Stage: . Also known as “. Captains of Industry. ,” “. Industrial Giants. ,” & “. Robber Barons. ”. Wealth fell into the hands of a few. By 1890 ---> . 4,000. The Fat cats. Setting the Stage: . Also known as “. Captains of Industry. ,” “. Industrial Giants. ,” & “. Robber Barons. ”. Wealth fell into the hands of a few. By 1890 ---> . 4,000. The Fat cats. Setting the Stage: . Also known as “. Captains of Industry. ,” “. Industrial Giants. ,” & “. Robber Barons. ”. Wealth fell into the hands of a few. By 1890 ---> . 4,000. 1890-1920. Terms to Know. Progressivism: Movement to respond to societal problems caused by industrialization and urbanization.. Socialism: . a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a . Manymedicalstudentsofmygenerationwereattractedhematologycareerbecauseofitsintimateconnectiondiscovery.Greatrolemodelhematologiststookusthemicroscopediscoverthecauseofthediseaseaffectingourpatientsando Transforming the American Economy and Society. Robber Barons or Captains of Industry?. Student Learning Target/Objective. I can examine how industrialization transformed the US economy.. Access . Notebowl.