Business In 1900s

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Business In 1900s

  1. 1. Business in America 10 th Grade Social Studies Benchmark B: Gd 10#2 Learning Target: Analyze the impact of industrialization and the modern corporation in the U.S. on economic and political practices with emphasis on: a. laissez-faire policies b. monopolies c. standard of living
  2. 2. Laissez-Faire -To Let Be -Business would be allowed to conduct their “business” in any way they felt necessary. -No government regulation or intervention. -How could this be a potential problem? -Do we still follow this policy today?
  3. 3. What is a Monopoly?! <ul><li>One owner, business, etc. controls EVERY ASPECT OF PRODUCTION!
  4. 4. No Competition
  5. 5. Increased prices
  6. 6. Harsh working conditions
  7. 7. Loss of jobs </li></ul>
  8. 8. Robber Barons <ul><li>John D. Rockefeller
  9. 9. Andrew Carnegie
  10. 10. J.P. Morgan
  11. 11. Cornelius Vanderbilt
  12. 12. What did these men have in common?! </li></ul>
  13. 13. What was wrong with business in the U.S.?! <ul><li>Well..... </li><ul><li>Monopolies(Trusts)
  14. 14. Corrupt politicians
  15. 15. Corrupt government
  16. 16. Poverty
  17. 17. Sanitation
  18. 18. Working Conditions
  19. 19. Living Conditions </li></ul></ul><ul><li>What do you predict will happen to America based on these problems?! </li></ul>
  20. 20. Standard of Living <ul><li>What do you believe was the standard of living during Industrialization?
  21. 21. Relate this to what you learned in 9 th grade....:) </li><ul><li>Evaluate the Standard of living in the late 19th, early 20 th centuries </li><ul><li>Birth rate?
  22. 22. Death rate?
  23. 23. Literacy rate?
  24. 24. Gross Domestic Product?
  25. 25. Infant Mortality rate?
  26. 26. Would you say the Standard of Living was high or low? Why? </li></ul></ul></ul>

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