BR: Why do you think Carnegie believed that a man who dies rich is "disgraced"? Why did so many people admire Carnegie? Because he wanted people to understand that a person in not rich not just by materials and money but rich also means being loved and having a family. They were some people who could not understand that concept which he means that man who dies rich is "disgraced" for not truly understanding the meaning to it.
Inventors and Big Business Review
Directions: Under each complete the phrase, answer the question, fill in the blank, or define the definition.
Describe inventions of Edison and their effect on US: His inventions developed affordable lighting for homes and within a few years Edison plan to develop a Central Power.
Describe inventions of other such as Bell, Bessemer, and Marconi: Bell invented the telephone by 1900s and there were 1 million telephones in the US. Bessemer was from England developed steel which led to the creation of Skyscrapers. Marconi invented the wireless telegraph
Describe how big business tried to maximize profit: It was to decrease pay, paying little as could for raw materials, advertising widely, and funding research labs for new products.
Describe how Rockefeller and Carnegie changed big business in the US: Rockefeller oil tycoon and Carnegie steel tycoon became a big business in the US. They lowered the production cost by gaining control of all businesses that went finish product development.
Describe how the gov regulated big business: Congress created interstate commerce commission which investigated unfairness in railroad industry. Congress also passed Sherman Antitrust act which prohibits any trust that acts in restraint of commerce.
Subscribe to:
Post Comments (Atom)
Post shows a depth of understanding of the topic. Answers to questions are complete and in depth. 5/5
ReplyDeletePost Shows shows some effort to use their class time wisely. Most assignments are complete but there is no long term progress 4/5