Warm Up 3/121st & 3rd Period

Take out your project topic and wait for further

instruction

Warm Up 4th Period

Write a text message between John D. Rockefeller and Andrew Carnegie

about what it is like to run a big business during the industrial

period.

Review of Unit so far…What is an invention?

ReviewWhat is innovation?

ReviewThomas Edison was famous for:

helping make electricity more widely availableinventing the telephonemaking steel

ReviewA business organized as a corporation is

owned by:Miss GStockholdersThe publicEmployees

ReviewWhat is a monopoly?

ReviewRockefeller was a very successful business

man. One of his business tactics was to buy out his competition. What is this practice called?Vertical integrationHorizontal integration

So what is vertical integration?

ReviewThe license obtained to make, use or sell an

invention is:CopyrightInnovationPatent

ReviewThis process led to the mass production of

steelWilliam ProcessBessemer ProcessPittsburgh Process

Andrew Carnegie

Poor immigrant from Scotland

Grew to become one of the wealthiest men in the world!

Philanthropist

Let’s learn a little more about Carnegie…

Was Andrew Carnegie a hero?

Closer3-2-1

3 Things you’ve learned about big business owners

2 Things you already knew1 Question you still have