Bellringer Which term best describes United States economic
Bellringer: Which term best describes United States economic policy during the era of the rise of big business (1865 -1900)? A. laissez-faire capitalism B. mercantilism C. Marxism D. welfare-state capitalism
Learning Targets q. U 4 T 4 -I can compare and contrast robber barons and captains of industry. q. U 4 T 5 -I can evaluate the impacts(positive and negative) of the first industrial revolution on society and the economy. q. U 4 T 6 - I can analyze the Gospel of Wealth speech and political cartoons.
Robber Baron vs Captain of Industry 2014 version Robber Baron Captain of Industry
Robber Barons and Captains of Industry 1880 version
What should Billionaires do with their wealth? ? q. Why do you think it is important or not important for celebritieis and CEO’S to spread their wealth and donate to charities ? q. What charities, if any, would you donate to if you were a millionaire or billionaire?
The Gospel of Wealth Close Reading Highlight the written by Andrew Carnegie information in • Headnote: Andrew Carnegie, one of the self-made rich during the late 1800 s, had established a valuable steel business near Pittsburgh, PA. He had also recently experienced the shock and public anger from the Johnstown Flood, for which he was partially blamed. Written by Andrew Carnegie in 1889, “Wealth” describes Carnegie’s beliefs about the role that the wealthy should play in society. green on your paper. Jamestown Flood https: //www. yout ube. com/watch? v =g. R 7 o. Hh-f. XUw Why is this sentence important?
The problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and poor in harmonious relationship. The conditions (state) of human life have not only been changed, but revolutionized, within the past few hundred years. In former days there was little difference between the dwelling, dress, food, and environment of the chief and those of his retainers… The contrast between the palace of the millionaire and the cottage of the laborer with us to-day measures the change which has come with civilization. 1. What Age is Carnegie referring to? 2. What does harmonious mean? Who needs to have a harmonious relationship? 3. What does Carnegie mean by the Administration of wealth? 4. How has the condition of human life changed?
The price we pay for this (beneficial) change is, no doubt, great. We assemble thousands of (workers) in the factory, in the mine, and in the counting-house, of whom the employer can know little or nothing, and to whom the employer is little better than a myth. All (contact) between them is at an end. Rigid (classes) are formed, and, as usual, mutual ignorance breeds mutual distrust. Each (class) is without sympathy for the other, and ready to credit anything (disapproving) in regard to it… 5. According to Carnegie, What is the price paid for beneficial change? (He gives us the 4 reasons below. Let’s put them in our own words.
Neither the individual nor the race is improved by (donations). Those worthy of assistance, except in rare cases, seldom require assistance… But the amount which can be wisely given by the individual for individuals is necessarily limited by his lack of knowledge of the circumstances connected with each. He is the only true reformer who is as careful and as anxious not to aid the unworthy as he is to aid the worthy, and, perhaps, even more so, for in (donations) more injury is probably done by rewarding wickedness than by dismissing virtue. 6. According to Carnegie, should the wealthy give to the poor? 7. Why does Carnegie say that he and others should not give money to individuals in need? 8. Carnegie is referring to him and other men of wealth as “reformers. ” What is a reformer?
Thus is the problem of Rich and Poor to be solved. The laws of accumulation will be left free; the laws of distribution free. Individualism will continue, but the millionaire will be but a trustee for the poor; entrusted for a season with a great part of the increased wealth of the community, but administering it for the community far better than it could or would have done for itself… 1. Carnegie is summarizing his argument in the last two paragraphs. What main points does he make? Who does Carnegie suggest donating to instead of the individual? Why?
…. The man who dies leaving behind many millions of available wealth, which was his to administer during life, will pass away "unwept, unhonored, and unsung”…Of such as these the public verdict will then be : "The man who dies thus rich dies disgraced. “ Such, in my opinion, is the true Gospel concerning Wealth, obedience to which is destined some day to solve the problem of the Rich and the Poor, and to bring ' Peace on earth, among men Good-Will. " What is a “gospel? ” Why does Carnegie consider his plan a “gospel”
How do celebrities classified as captains of industries live up to the ideas written by Andrew Carnegie in The Gospel of Wealth?
Article Summary Sheet • With your partner please complete the Article Summary Sheet using the notes from our close reading. • This is document #1 that you will be able to use on your constructed response for Unit 4 • When finished with the article summary sheet please complete the constructed response – Write very neatly
Political Cartoon Analysis Practice
Political Cartoon Analysis Worksheet • Use the Andrew Carnegie Cartoon to answer the Cartoon Analysis Worksheet questions. • Make sure answers are using evidence in the cartoon • Write in complete sentences!!!
- Slides: 15