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Trust MeTrust Me Lots of WorkLots of Work Mr. Burns’ Mr. Burns’ QuestionsQuestions People’s CourtPeople’s Court Grab BagGrab Bag
100 100 100 100 100
200 200 200 200 200
300 300 300 300 300
400 400 400 400 400
500 500 500 500 500
Industrial RevolutionFinal Challenge
Mr. Burns Papa Smurf
Students Teachers
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An informal agreement to divide up business between competing
firms.100A Pool
Trust Me for 100
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When a single business controls all levels of the production process.200Vertical Integration
(Consolidation, Organization)
Trust Me for 200
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Why did many businesses switch from being Holding Companies to
being Trusts?300A Holding Company, in which one
business owns another, could be regulated by the Sherman
Antitrust Act. Trusts, in which one business merely controls another, were not as clearly
covered by the law.
Trust Me for 300
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What industry was the primary target of the Interstate Commerce
Act?400The Railroads
Trust Me for 400
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According to Alfred Chandler, why did businesses try to consolidate?500
Capital-intensive businesses were finding it hard to recoup their start-up
costs. Consolidation was a way to limit ruinous competition.
Trust Me for 500
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What did Lewis Hine do?100He worked for the National Child
Labor Committee, using photography to document the
conditions under which children worked.
Lots of Work for 100
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Name one labor strike that was successful.200The Lawrence Textile Strike of 1912
Lots of Work for 200
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How did Frederick Winslow Taylor’s “Scientific Management” change
working conditions?300Taylor used photos & films of efficient workers to figure out
how to make workers more productive. His techniques
significantly increased worker efficiency, but also accelerated
the trend toward deskilling.
Lots of Work for 300
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Compare and contrast the Knights of Labor and the American Federation of Labor (AFL).400
Differences
AFL only organized skilled white men, Knights organized anyone.
AFL had more practical goals, Knights wanted a version of socialism.
Similarities
Both used collective bargaining, strikes, etc. to try to improve working conditions.
Lots of Work for 400
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Name one effect of the Haymarket Riot.500
1. Public Opinion turned against organized labor.
2. The Knights of Labor began to disband.3. Federal and state authorities cracked down
on radicals such as anarchists and socialists.
Lots of Work for 500
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Name one Robber Baron and explain why this term is apt for
that person.100Rockefeller…
Gould…
Vanderbilt…
Swift…
Morgan…
Carnegie…
Industrialists for 100
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Give an example of horizontal integration.200Rockefeller’s Standard Oil
controlled 90% of all oil refining.
Industrialists for 200
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Describe Carnegie’s “Gospel of Wealth.”300
The rich have an obligation to give to good causes.
The rich are best qualified to decide what philanthropic causes will
benefit society the most.
Industrialists for 300
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Name one industrialist who can be considered an “Welfare
Capitalist.”400Welfare Capitalism: Providing
assistance such as housing, parks, recreation centers, etc. for workers. The idea is that they will
work harder & avoid unions.
George F. Johnson
George Pullman
Industrialists for 400
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Name two reasons why Andrew Carnegie’s and/or his company
were so successful.5001. Willing to adopt new technological
innovations such as the Bessemer Process.
2. Surrounded himself with very knowledgeable and driven employees.
3. Vertical Integration
4. Paid low wages, long hours…
Industrialists for 500
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In which case did the Supreme Court rule that a state could regulate a railroad operating
within its borders?100Munn v. Illinois
People’s Court for 100
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In which case did the Supreme Court rule that the Sherman Antitrust Act could prevent
Holding Companies that would restrain trade?200Northern Securities v. U.S.
People’s Court for 200
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In which case did the Supreme Court rule that manufacturing could be regulated, while still
defining interstate commerce very narrowly?
300United States v. E.C. Knight Co.
People’s Court for 300
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What two major yardsticks did the Supreme Court apply to any
regulation of business?4001. Interstate Commerce Federal Gov
Intrastate Commerce State
2. Was the regulation in the “public interest?”
People’s Court for 400
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What case essentially reversed the court’s ruling in U.S. v. E.C.
Knight?500Swift v. U.S.
People’s Court for 500
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The right of workers to negotiate as a group.100Collective Bargaining
Grab Bag for 100
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The prerequisite for a market economy to function properly.200Competition
Grab Bag for 200
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When prices drop or the value of money increases.300Deflation
Grab Bag for 300
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What factors cause the business cycle to change from a period of expansion to one of contraction?400Question?
Grab Bag for 400
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Summarize Henry George view of property.500The only legitimate property was
that which was created through a person’s own labor.
Grab Bag for 500
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Write Your
Final Challenge
Wager
Name three ways that the U.S. government violated the
principles of laissez-faire between 1865 and 1900.
Final ChallengeEnd Game
TIME’SUP!
TIME’SUP!
1. Protective Tariffs
2. Opposition to Labor Unions
3. Subsidies/Land Grants to Railroads
4. Policy of Open Immigration
5. Antitrust Laws
6. Attempts at regulating child labor