Day 1 gilded age vocab

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Day 1 gilded age vocab

  1. 1. The Gilded Age was a time of great wealth….
  2. 2. Robber Baron a businessman who earns enormous wealth through ruthlessly exploiting workers.
  3. 3. If you were filthy rich during the Gilded Age, were you a “robber baron?”
  4. 4. Not necessarily…. <ul><li>If you treated your workers well…..you were NOT a robber baron. </li></ul><ul><li>If you were willing to donate your money for causes that helped others….you were not a robber baron. </li></ul>
  5. 5. Captain of Industry an ingenious and industrious leader who transformed the American economy with his business skills.
  6. 6. Capital/Capital Resources
  7. 7. Rebate/Kickback <ul><li>a return of part of the original payment for some service or merchandise; partial refund. </li></ul>
  8. 8. Vertical Integration <ul><li>When a company expands its business into areas that are at different points of the same production path. </li></ul>

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