Take out your project topic and wait for further instruction.
17
Warm Up 3/12 1 st & 3 rd Period Take out your project topic and wait for further instruction
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Transcript of Take out your project topic and wait for further instruction.
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
