We are now in the century of railways and robber barons, iron, steel, empire, murderous wars and financial difficulties. Innovation and development are accompanied by speculation, periodic crises, bubbles and bankruptcies. Railway builders have gained political influence through lobbying or corruption by promoting a doctrine of laissez-faire or market freedom, while ensuring that government intervention supports them. Notable examples include Cornelius Vanderbilt (owner of steamships and railroads), Andrew Carnegie (steel manufacturer), J.P. Morgan (financier and banker), John D. Rockefeller (founder of Standard Oil), Russell Sage (financier), and Jay Gould and Jim Fisk (Wall Street traders). This chapter deals with many failing episodes in the financial world and discusses the views of Quetelet, Marx, Lombroso, Garofalo, Ferri, Tarde and others. Introduce your students to some people for whom the label of « thief baron » is generally considered appropriate. Jim Fisk and Jay Gould clearly deserved the title because they did not contribute to the construction of a rail network. Instead, they have destroyed such systems through clearly illegal acts and contempt for all others. Their actions are hurting the U.S. economy. Read their story with – or to – the Class of Robber Barons, available on the PBS website, a link to the EDSITEment Internet Public Library resource.

Read now with – or to – the class of The Panic of 1873, also on PBS. Ask students to explain why Jay Cooke deserves the title of « thief baron. » What are the different practices of industrialists/financiers that have led them to be called « robber barons » and « captains of industry »? For a leader, you will act as an indictment. You will write a legal letter describing the reasons why this person is guilty of being a robber baron. During the Industrial Revolution, wealthy industrialists invested in new technologies and infrastructure. Many of these leaders became known as the « titans of industry » by building companies that dominated their industries, even to the point of creating monopolies. These industrialists were often nicknamed « robber barons » because their companies were often accused of inappropriate practices. You must select two robber barons from the list of accused below. It is your job to defend these business leaders or prosecute them for their crimes against society. To do this, you will write a legal letter that supports your reasoning.

As a prosecutor, you have to try to convince the court why the robber baron deserves a guilty verdict. As a defense, you should try to convince the court to quash the allegations against your CEO. Explain the terms « robber baron » and « captain of industry » in the context of time. Behavior such as that of Fisk, Gould and Cooke clearly meets the criteria of a robber baron. Tell the class that the label cannot always be applied with such certainty. What happens if an action is illegal but leads to a positive end? What happens if a trial ends in the suffering of many workers or consumers? Although a century has passed since the heyday of the great industrialists and financiers, the debate continues: were these men captains of industry, without whom this country could not have taken its place as a great industrial power, or were they robber barons who restricted healthy competition and stole the poor for the benefit of the rich? Where can we draw the line between unfair trading practices and competition, which leads to innovation, investment and the improvement of living standards for all? Would the industrial economy have succeeded without entrepreneurs willing to push competition to the extreme? Create two legal briefs that defend or prosecute the « robber barons » of your choice. Question 22 28 28 Points in which society has fostered tolerance and pluralism. Chelsea Career And Technical Education High School • HISTORY OF THE UNITED STATES 101,100 Does the industrialization of America in the late nineteenth and twentieth centuries teach us lessons today? « You have pledged to deceive me.

I will not sue you because the law is too slow. I`m going to ruin you. 12 The nurse will teach a patient who has been prescribed and compare your answers with those listed at the end of lesson point 1 What are. Part of the students` work in Activity 2, below, will be to assess equally ambiguous situations in the life history of famous industrialists. « I`ve been crazy making money all my life. » A home nurse visits a woman at her home after a total knee replacement. For librarians and administrators, your personal account also provides access to institutional account management. Find options to view and activate subscriptions, manage institutional settings and access options, access usage statistics, and more. Oxford Academic is home to a variety of products. The institutional subscription may not cover the content you want to access. If you think you have access to this content, please contact your librarian. AICPA Recently Published QuestionsAudit Page 5 of 37 4 MCQs 14867 If Differences b Determine the utility curve equation for X if PI 8 T 4 Pr 4 Pe 5 and How do students believe their assigned industrialist would react to these parts? Ask students to write a hypothetical letter to the editor in response, either as a group or individually.

If your institution is not listed or if you are unable to log in to your institution`s website, please contact your librarian or administrator. Select this option to get remote access if you are outside your institution. Shibboleth/Open Athens technology is used to provide single sign-on between your institution`s website and Oxford Academic. Dayton Early College Academy Inc • PSY RESEARCH P Read with – or to – the class all or part of the following articles available on the EDSITEment History Matters resource, written by workers and published in newspapers or magazines at the height of industry.