Rise of Big Business

Inventions / Prosperity Factors / Growth Factors

Photo Analysis

Study each photograph. Identify the object and give a description, including what would be accomplished with that object. Write complete sentences.

Object / Description
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Assembly Line: A line of factory workers and machines used to put together a product. Products move from one person to another, each with a specialized task.

Mass Production: Making large quantities of a product quickly and cheaply.

Groups / Advantages / Disadvantages
Factory
Owners / ·  Produce more goods cheaply.
·  Less skilled workers needed = lower pay / ·  Less skilled workers needed = limited knowledge.
·  Must be in total control of the assembly line.
Factory Workers /

·  Any man could get a job in a factory assembly line.

·  Specialized workers become very good at one thing which can make you an “expert” at that task.
·  Workers are dependent on each other. / ·  ______task would become tedious & boring.
·  ______makes a worker very good at one thing which might make it hard to find work elsewhere.
·  Now you are “just a worker” and become easy to replace.
·  No ______
Consumer / ·  More ______
·  More ______
·  More access to goods they might not be able to buy. / ·  Quality of products might go down.
·  No more unique, custom-made goods (craftsmen).

Captains of Industry

1. Captains of industry were the first people to ______

2. A big business has a ______, offers products at ______because it has ______

3. What is an example: ______

4. Cornelius Vanderbilt ______

How can I remember them??

5. John D. Rockefeller ______

How can I remember them??

6. Andrew Carnegie ______

How can I remember them??

7. J.P. Morgan ______

How can I remember them??

CAPTAINS OF INDUSTRY

Essential Question: Who was Andrew Carnegie?

Instructions:

1. Using the class handout, read the biography of Andrew Carnegie.

2. Answer the following questions.

1. Where was Carnegie from?

______

2. Was his family rich or poor? Explain. ______

3. What was Carnegie’s family like? ______

4. What jobs did Carnegie have before becoming wealthy?

______

CAPTAINS OF INDUSTRY

Essential Question: Who was John D. Rockefeller?

Instructions:

1. Using the class handout, read the biography of John D. Rockefeller.

2. Answer the following questions.

1. What was Rockefeller's education level?

______

2. How did Rockefeller get into the oil business?

______

3. What cutthroat business practices did Rockefeller use?

______

4. What was the Standard Oil Trust? What did the government do to Standard Oil Trust?

______

CAPTAINS OF INDUSTRY

Essential Question: Who was Cornelius Vanderbilt?

Instructions:

1. Using the class handout, read the biography of Cornelius.

2. Answer the following questions.

1. How did Vanderbilt start in business? ______

2. What businesses did Vanderbilt originally invest in? ______

3. How did Vanderbilt gain the upper hand in business? ______

4. How old was Vanderbilt when he first started with railroads and how did he expand his railroad empire? ______