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The Rise of Big Business
Andrew Carnagie
Steel Empire <ul><li>Andrew Carnagie- Scottish immigrant  </li></ul><ul><li>Made a fortune on steel mills </li></ul><ul><l...
Rise of the Corporation <ul><li>A corporation is a business that is owned by investors </li></ul><ul><li>A corporation sel...
John D. Rockefeller
Rockefeller’s Oil Empire <ul><li>Built oil refineries </li></ul><ul><li>Bought out all other oil companies </li></ul><ul><...
Immigration
Why Immigrants Came <ul><li>Land became scarce in Europe </li></ul><ul><li>Political and religious persecution </li></ul><...
Where Did They Come From? <ul><li>Northern and western Europe </li></ul><ul><li>Southern and Eastern Europe </li></ul><ul>...
Becoming American <ul><li>Newcomers struggled to adjust </li></ul><ul><li>Had to acculturate </li></ul><ul><li>Acculturati...
Resistance <ul><li>Nativists sought to limit immigration </li></ul><ul><li>Argued that their language, traditions, and rel...
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The Rise of Big Business 1/31-2/1

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The Rise of Big Business 1/31-2/1

  1. 1. The Rise of Big Business
  2. 2. Andrew Carnagie
  3. 3. Steel Empire <ul><li>Andrew Carnagie- Scottish immigrant </li></ul><ul><li>Made a fortune on steel mills </li></ul><ul><li>Believed the rich had a duty to help the poor, called this the “Gospel of Wealth” </li></ul>
  4. 4. Rise of the Corporation <ul><li>A corporation is a business that is owned by investors </li></ul><ul><li>A corporation sells stocks or shares in the business </li></ul>
  5. 5. John D. Rockefeller
  6. 6. Rockefeller’s Oil Empire <ul><li>Built oil refineries </li></ul><ul><li>Bought out all other oil companies </li></ul><ul><li>Shrewd businessman </li></ul><ul><li>Created a monopoly on oil </li></ul>
  7. 7. Immigration
  8. 8. Why Immigrants Came <ul><li>Land became scarce in Europe </li></ul><ul><li>Political and religious persecution </li></ul><ul><li>American factories needed labor </li></ul><ul><li>The promise of freedom </li></ul>
  9. 9. Where Did They Come From? <ul><li>Northern and western Europe </li></ul><ul><li>Southern and Eastern Europe </li></ul><ul><li>Americas </li></ul><ul><li>Asia </li></ul><ul><ul><li>Chart on page 603 </li></ul></ul>
  10. 10. Becoming American <ul><li>Newcomers struggled to adjust </li></ul><ul><li>Had to acculturate </li></ul><ul><li>Acculturation is the process of holding onto older traditions while adjusting to new ones </li></ul>
  11. 11. Resistance <ul><li>Nativists sought to limit immigration </li></ul><ul><li>Argued that their language, traditions, and religions were too different </li></ul><ul><li>Threatened because they would work for a lower wage </li></ul>

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