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 . Share our Annotated Bibliography”. Collect the Annotated Bibliography. Start “Turn of the Century”. Movie. Agenda. http://www.youtube.com/watch?v=g5cS5IOMANk. America: The Story of US. Big Industry and the Robber Barons. 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. 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. Chapter 19 – Big Business and Urbanization. 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. Breaking up a monopoly that isn’t natural is a good idea. Ex. Microsoft buying Apple. Why?. The gains to the consumer outweigh the loss to the producer. Natural Monopolies. A monopoly in which large producers have lower average total costs than small producers. One firm selling good or service with no substitutes. Barriers to entry that prevent competition from new firms. What is a monopoly?. Monopoly in the news. Natural. One firm can meet demand at a lower ATC than two or more firms. 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. Chapter 7. Section 1. Perfect Competition. The market structure called perfect competition has the following conditions:. 1. Many buyers and sellers participating in the market. 2. Sellers offer identical products. 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 . From the award-winning author of Medical Apartheid, an exposé of the rush to own and exploit the raw materials of life—including yours. Think your body is your own to control and dispose of as you wish? Think again. The United States Patent Office has granted at least 40,000 patents on genes controlling the most basic processes of human life, and more are pending. If you undergo surgery in many hospitals you must sign away ownership rights to your excised tissues, even if they turn out to have medical and fiscal value. Life itself is rapidly becoming a wholly owned subsidiary of the medical-industrial complex. Deadly Monopolies is a powerful, disturbing, and deeply researched book that illuminates this “life patent” gold rush and its harmful, and even lethal, consequences for public health. Like the bestselling The Immortal Life of Henrietta Lacks, it reveals in shocking detail just how far the profit motive has encroached in colonizing human life and compromising medical ethics. 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. an American private foundation.  based at 420 Fifth Avenue, New York City.. Founded: . May 14, 1913; 108 years ago. Founders: . John D. Rockefeller. John D. Rockefeller Jr. Frederick Taylor Gates. https://en.wikipedia.org/wiki/Rockefeller_Foundation/access date:30.01.22. Monopoly Meaning: . A m. onopoly is a market structure characterized by a single seller or producer that controls the entire supply of a particular good or service. This dominance gives the monopoly significant market power, allowing it to...