Title: Robber Barons

Date: August 19, 2014

Write down the
Essential Question.
Objective (1.2.f)
SWBAT describe
the era of Robber
Barons and analyze
strategies they
employed to
eliminate
competition in
various markets.

DOL: Given an exit
card (80%
accuracy) SW 1.
Answer 3 MC
questions 2. Write
a thesis statement:
What strategy did
Carnegie employ
to quell
competition?

EQ: What
strategies were
used by industrial
- ists in order to
eliminate
competition?
Yesterday we discussed John D. Rockefeller, the man
in control of one of the largest monopolies of the late
19
th
century. He was considered by some to be a
Robber Baron, an American capitalist that gained
massive wealth through the control of various
markets (often by using unscrupulous means.)

Analyze the primary source above. Make an
inference statement. (cite specific evidence 2
minimum)

Based on the evidence of __________, I can
infer that ________________.


Objective (1.2.f)
SWBAT describe
the era of Robber
Barons and analyze
strategies they
employed to
eliminate
competition in
various markets.

DOL: Given an exit
card (80%
accuracy) SW 1.
Answer 3 MC
questions 2. Write
a thesis statement:
What strategy did
Carnegie employ
to quell
competition?

EQ: What
strategies were
used by industrial
- ists in order to
eliminate
competition?
Partner Evaluation
1 pt for sentence stem use
2 pts for specific evidence used (2 minimum)
2 pts for a logical conclusion / inference
Exemplar - Based on the evidence of a large armored
knight on a stout looking locomotive/horse jousting
with a weak and feeble looking worker on a donkey, I
can infer that monopolies wielded a great deal of
power and influence over workers during this period
of time.


Objective (1.2.f)
SWBAT describe
the era of Robber
Barons and analyze
strategies they
employed to
eliminate
competition in
various markets.

DOL: Given an exit
card (80%
accuracy) SW 1.
Answer 3 MC
questions 2. Write
a thesis statement:
What strategy did
Carnegie employ
to quell
competition?

EQ: What
strategies were
used by industrial
- ists in order to
eliminate
competition?
Remember, Robber Barons (or a select few
captains of industry) were American capitalist
who gained massive wealth by controlling
various markets (often by employing
unscrupulous means.)

Examples:
Oil Market John D. Rockefeller
Cornelius Vanderbilt Railroad and Shipping
Steel Market Andrew Carnegie
J. P. Morgan Banking and Finance (later Steel)


Objective (1.2.f)
SWBAT describe
the era of Robber
Barons and analyze
strategies they
employed to
eliminate
competition in
various markets.

DOL: Given an exit
card (80%
accuracy) SW 1.
Answer 3 MC
questions 2. Write
a thesis statement:
What strategy did
Carnegie employ
to quell
competition?

EQ: What
strategies were
used by industrial
- ists in order to
eliminate
competition?
Coinciding with the rise of Industry during the
late 1800s, Robber Barons often used the
following practices to amass their wealth.

1. exerting control over national resources
2. accruing high levels of government influence
3. paying extremely low wages
4. squashing competition by acquiring competitors in
order to create monopolies and eventually raise prices

TWS Analyze #3. How do you think this helped
capitalists amass wealth? Why do you think people
worked for and put up with these low wages? Explain!
CHALLENGE! Analyze #2 What role do you think
political corruption played with this? Explain!

Objective (1.2.f)
SWBAT describe
the era of Robber
Barons and analyze
strategies they
employed to
eliminate
competition in
various markets.

DOL: Given an exit
card (80%
accuracy) SW 1.
Answer 3 MC
questions 2. Write
a thesis statement:
What strategy did
Carnegie employ
to quell
competition?

EQ: What
strategies were
used by industrial
- ists in order to
eliminate
competition?
Although there were many strategies used to
gain market control (reference the last slide),
Andrew Carnegie, a Steel tycoon, was well know
for two very effective strategies: vertical and
horizontal integration.



Objective (1.2.f)
SWBAT describe
the era of Robber
Barons and analyze
strategies they
employed to
eliminate
competition in
various markets.

DOL: Given an exit
card (80%
accuracy) SW 1.
Answer 3 MC
questions 2. Write
a thesis statement:
What strategy did
Carnegie employ
to quell
competition?

EQ: What
strategies were
used by industrial
- ists in order to
eliminate
competition?
Vertical Integration a
process where Carnegie
bought out his suppliers
(coal fields, iron mines, ore
freighters, and railroad
lines) in order to control the
raw materials and
transportation systems.

TWS analyze the example of the
cattle market. How do you think this
was used to eliminate competition?

CHALLENGE! Why do you think this
may not have been enough to take
over a market completely? What else
might you need to do to take control?
Explain!



Objective (1.2.f)
SWBAT describe
the era of Robber
Barons and analyze
strategies they
employed to
eliminate
competition in
various markets.

DOL: Given an exit
card (80%
accuracy) SW 1.
Answer 3 MC
questions 2. Write
a thesis statement:
What strategy did
Carnegie employ
to quell
competition?

EQ: What
strategies were
used by industrial
- ists in order to
eliminate
competition?
Objective (1.2.f)
SWBAT describe
the era of Robber
Barons and analyze
strategies they
employed to
eliminate
competition in
various markets.

DOL: Given an exit
card (80%
accuracy) SW 1.
Answer 3 MC
questions 2. Write
a thesis statement:
What strategy did
Carnegie employ
to quell
competition?

EQ: What
strategies were
used by industrial
- ists in order to
eliminate
competition?
Horizontal Integration
a process where a producer
(like Carnegie) would
purchase other producers
in the same market. This
aims to limit the
competition.

After Carnegie gained control over resources and
transportation (vertical Integration) and bought
out other producers (horizontal integration), he
was able to control almost the entire steel
industry.