PPT-Captain of Industry or Robber Barons

Created by Beldon Kealoha with sources from these Authors Christine Colihan and Amy Vitcusky August 2006 captains of industry or robber barons Students will understand and learn that big . Captains of Industry?. U.S. History. Mrs. . B. Robber Baron or Captain of Industry?. Robber Baron. late-nineteenth-century industrialists, especially those who . overly displayed . their wealth . Wealthy . or . Captains of Industry?. Panic of 1893. corporation abuses, mismanagement, over building, and competition pushed many railroad to brink of bankruptcy. panic was worst depression up to that time. 500 banks and 15000 businesses failed. Robber Barons. Students will be able to:. State definitions of the terms "robber baron" and "captain of industry". List some of the actions, both positive and negative, of one or more captains of industry/robber barons. or . Captain of Industry. ?. Robber Baron. Robber Baron: . is . a term used . for . powerful 19th century American . businessmen . who were viewed as having used questionable practices to amass their wealth. Large business organizations called “trusts” were formed. Trusts worked together to set prices & maximize profits. Businessmen come to be seen as “Captains of Industry” because of their ingenuity. Students will be able to define:. Philosophies . Ruthless. Social Darwinism. What Industrial Philosophies led Robber Barons to be so ruthless?. Independent Activity. Read the 2 documents about Laissez-Faire economics and Social Darwinism and answer the questions that follow.. industrialists. . There is no doubt that these industrialists were driven by one motive, and that was wealth. However, historians and others debate the title to . bestow . on these men – that of “. Bellwork. terms to define:. Robber Baron: an American capitalist who got rich at the expense of others, exploited natural resources, or had unfair government influence.. Captains of Industry: business leaders who built a personal fortune and contributed positively to the country through jobs and philanthropy (charity). By Robber Barons: Junlan Lu, Sushil Bhandaru, Bhargav Vemulapalli. Of course they are justified!. Who are the Robber Barons?. Wealthy industrialists. Extremely powerful. Believed in creation of large, consolidated, organization. Today’s Objective . After today’s lesson, we will be able to…. Discuss whether the industrialists of the late 19. th. century were robber barons or captains of industry. Robber Baron or Captain of Industry. . or Robber Baron. What is a Robber Baron? . D. uring the American Industrial Revolution, the term . Robber Baron. , was used to describe a person who made, what some considered, excessive amounts of money in business. It was an insulting term used for a person who was thought to have used unfair business practices and showed little empathy for the common factory worker. If this industrialist used his political and corporate influence for his own selfish ends, he could be described as a robber baron.. 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. Have you ever used any. of these products?. What company created these . products?. Who was the man behind the creation. of these products? . Apple Inc. . Steve Jobs. CEO. 1976: Started Apple at 21 years old. 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.