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Business In 1900s

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  • 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. 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. What is a Monopoly?!
    • One owner, business, etc. controls EVERY ASPECT OF PRODUCTION!
    • 4. No Competition
    • 5. Increased prices
    • 6. Harsh working conditions
    • 7. Loss of jobs
  • 8. Robber Barons
    • John D. Rockefeller
    • 9. Andrew Carnegie
    • 10. J.P. Morgan
    • 11. Cornelius Vanderbilt
    • 12. What did these men have in common?!
  • 13. What was wrong with business in the U.S.?!
    • What do you predict will happen to America based on these problems?!
  • 20. Standard of Living
    • What do you believe was the standard of living during Industrialization?
    • 21. Relate this to what you learned in 9 th grade....:)
      • Evaluate the Standard of living in the late 19th, early 20 th centuries
        • Birth rate?
        • 22. Death rate?
        • 23. Literacy rate?
        • 24. Gross Domestic Product?
        • 25. Infant Mortality rate?
        • 26. Would you say the Standard of Living was high or low? Why?