Captains of Industry Vanderbilt

Captains of Industies and Robber Barons

By GEMPS MICHELOT

​LESSON ESSENTIAL QUESTION:Should the business leaders of the Industrial Age in the early 20th century be considered “Captains of Industry” or “Robber Barons

​

LESSON OBJECTIVE: Students will formulate an opinion on how the Business Leaders late 19th century and early 20th century should be viewed.

​STANDARDS

NEXT GENERATION

8R4: Determine the meaning of words and phrases as they are used in a text, including figurative and connotative meanings. Analyze the impact of specific word choices on meaning, tone, and mood, including words with multiple meanings. (RI&RL)

SOCIAL STUDIES

Connect historical developments to specific circumstances of time and place and to broader regional, national, or global processes and draw connections to the present (where appropriate).

Describe, compare, and evaluate multiple historical developments (within societies; across and between societies; in various chronological and HISTORICAL contexts).

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Multiple Choice

The total or complete control of a service, product or industry that prevents competition

• Union
• Robber Barron
• Monopoly
• Captain of Industry

Multiple Choice

____________ is a negative term to describe the great industrialists of the Gilded Age and __________ is a positive term to describe them.

• Robber Barons, Captains of Industry
• Captains of Industry, Robber Barons

Multiple Choice

Cornelius Vanderbilt made his fortune in...

• flight
• oil
• railroads
• automobiles

Multiple Choice

Andrew Carningie used VERTICAL INTEGRATION to build his business empire. Based on the connecting image which of the following definitions best explains what is VERTICAL INTEGRATION?

• The Process business strategy in which one company buys or merges with another company that produces the same product or service.

• The process by a company controls every step in creating-distributing and selling their given product. Almost like a step ladder.

Multiple Choice

J.D Rockefeller used HORIZONTAL INTEGRATION to build his business empire. Based on the connecting image which of the following definitions best explains what is VERTICAL INTEGRATION?

• The Process business strategy in which one company buys or merges with another company that produces the same product or service.

• The process by a company controls every step in creating-distributing and selling their given product. Almost like a step ladder.

Multiple Choice

This man gained his wealth and power from banking and finances during the Gilded Age Progressive Era

• John D Rockefeller
• Andrew Carnegie
• JP Morgan
• Cornelius Vanderbilt

Multiple Select

Why were the Industrial Capitalists referred to as "robber barons"? CHOOSE THE TWO THAT APPLY!

• Industrialists often took advantage of other people economically.
• Industralists STOLE from the RICH and gave to the POOR.

• Industrial workers were expected do all the hard work while owners did nothing but collect money.

• Industralists often formed Monopolies and Trusts in order to destroy smaller businesses.

Multiple Choice

The total or complete control of a service, product or industry that prevents competition

• Union
• Robber Barron
• Monopoly
• Captain of Industry

Multiple Select

What action taken by the industrialist John D. Rockefeller could be view as him being a Robber Baron? CHOOSE THE TWO THAT APPLY!!

• Rockefeller brought artistic movements like the Harlem Reanaissance tro American society.

• Rockefeller, founder of standard oil, monopolized many industries eliminated competitors to become wealthy.

• Rockefeller tried to gain control of the United States Congress through corruption and bribery.

• Rockefeller was able to expand his oil industry to 90% of the Third World nations help to save many lives.

Multiple Choice

In a Social Studies class a student made the following statement about the business leaders of the early 20th century.

"These were the men who held very large and extensive corporations within their hands, they even had UNFAIR CONTROL OVER THE GOVERNMENTAL processes."

Which of the following terms below best reflects that discription of the business leaders?

• Robber Barons
• Hobos
• Captains of Industry

• Business Owners

Multiple Choice

In another Social Studies class another student made the following statement about the business leaders of the early 20th century.

"These were the men who helped build America into the prosperous and wealthy nation that it is today furthermore they donated much of their money to charity"

Which of the following terms below best reflects that discription of the business leaders?

• Robber Barons
• Hobos
• Captains of Industry

• Business Owners

Multiple Choice

How did J.P, Morgan contribute to the to the rise of American Industries?

• J.P. Morgan ended humanitarian aid to foreign principalities and redistributed his wealth across the buisness industries of America.
• J.P. Morgan established the economic institution of bank loans and capitilized of the financial stress caused by the 1929 stock market crash.
• J.P. Morgan developed socialized medicinal practices as well as promoted the welfare of american immigrants by creating the welfare system. 
• J.P. Morgan recognized as the first millionaire controlled the banking industry and funded many of the businesses of the Industrial age. 

Multiple Choice

________________ is the term used to describe the wealthy that used ruthless business practices. 

• Industrial Giants
• Captains of Industry
• Robber Barons
• Union Leaders

Multiple Choice

________________ is the term used to describe the wealthy that donated much of what they made to charity and the poor.

• Industrial Giants
• Captains of Industry
• Robber Barons
• Union Leaders

Multiple Choice

How did Andrew Carnegie differ from other robber barons of the Industrial Age?

• Late in life, Carnegie became more famous for his philanthropy than his economic greed.
• Late in life, Carnegie developed the socialist system of a welfare state in the steel industry.
• Late in life, Carnegie sold off his fortunes and financed election reforms and free public transit in urban areas.
• Carnegie developed the Woodbend Project which would provide unlimited free energy.

Multiple Choice

Who was the oil tycoon who created the Standard Oil Company

• Carnegie

• Stevie Nicks

• Rockefeller

• Vanderbilt

Multiple Choice

The total or complete control of a service, product or industry that prevents competition

• Union
• Robber Barron
• Monopoly
• Captain of Industry

Multiple Choice

Cornelius Vanderbilt made his fortune in...

• flight
• oil
• railroads
• automobiles

Multiple Choice

A monopoly is the total or complete control of a service, product or industry that prevents ________________.

• Unions
• Capitalism
• Competition
• regulation

Multiple Choice

He invented the light bulb and helped "electrify America."

• Alexander Graham Bell

• George Westinghouse

• Cyrus McCormick

• Thomas Edison

Multiple Choice

These were the men who held very large and extensive corporations within their hands, they even had some control over the governmental processes.

• Robber Barons
• Hobos
• Factory Girls
• Business Owners

Multiple Choice

Term that means the government will not regulate or interfere in industry.

• Laissez Faire

• Open Door Policy

• Regulatory Restraint

• Socialism

Multiple Choice

Pools, trusts, and monopolies were an effort to reduce 

• profits
• unionization
• child labor
• competition

Multiple Choice

Find the picture that shows an urban community.

Multiple Choice

"Gilded Age" was a name for the time that reflected the way the growth of big business caused a

• reduction in crime
• increase in population
• widening gap between the rich and the poor
• narrowing gap between the wealthy and the poor

Multiple Choice

Find the picture that shows a suburban community.

Multiple Choice

In this political cartoon, who is in charge of the Senate?

• The US Senators
• the US Constitution
• The owners of monopolies/ industrialists
• the American people

Multiple Choice

Find the picture that shows a rural community.

Multiple Choice

In this political cartoon, how do monopolistic trusts (like Standard Oil Trust) impact competition?

• Competition is encouraged by monopolistic trusts
• competition is prevented by monopolistic trusts
• there is no impact
• the cartoon makes no statement about it

Multiple Choice

This community has lots of tall buildings.

• urban

• suburban

• rural

Multiple Choice

________________ is the term used to describe the wealthy that used ruthless business practices. 

• Industrial Giants
• Captains of Industry
• Robber Barons
• Union Leaders

Multiple Choice

This community has lots of land and space.

• urban

• suburban

• rural

Multiple Choice

Kept workers' wages low

• Rockefeller
• Morgan
• Carnegie
• All of them

Multiple Choice

A monopoly is a market with

• many suppliers

• no barriers to entry

• many substitutes

• one supplier

Multiple Choice

Crushed his competitors

• Rockefeller
• Morgan
• Carnegie
• All of them

Multiple Choice

Is the face of the board game Monopoly

• Rockefeller
• Morgan
• Carnegie
• All of them

Multiple Choice

Grew up a poor, Scottish immigrant

• Rockefeller
• Morgan
• Carnegie
• All of them

Multiple Choice

Became the head of US Steel after buying the company

• Rockefeller
• Morgan
• Carnegie
• All of them

Multiple Choice

Owned every step of the steel making process

• Rockefeller
• Morgan
• Carnegie
• All of them

Multiple Choice

Loaned money to the US government to get it out of bankruptcy

• Rockefeller
• Morgan
• Carnegie
• All of them

Multiple Choice

Oil industry

• Rockefeller
• Morgan
• Carnegie
• All of them

Multiple Choice

Banking industry

• Rockefeller
• Morgan
• Carnegie
• All of them

Multiple Choice

Led by Eugene V. Debs

• National Labor Union
• Knights of Labor
• American Federation of Labor
• Industrial Workers of the World (Wobblies)

Multiple Choice

Led by Samuel Gompers

• National Labor Union
• Knights of Labor
• American Federation of Labor
• Industrial Workers of the World (Wobblies)

Multiple Choice

____________ often provided jobs, opportunities, and money in exchange for votes. 

• Robber Barons
• Government
• Political Machines
• Booker T. Washington

Multiple Choice

This picture is an example of a ...

• tenement.
• political machine.
• monopoly.
• sweatshop.