12) Big Business (Part II)

Did you know...that Andrew Carnegie's first job was as a bobbin boy at a cotton factory in Pennsylvania, where he made about $1.20 a week. Fifty-two years later, at the age of 64, Carnegie sold his Carnegie Steel Company for $480 million.

How do you think Carnegie was able to become such a successful businessman?

11) Big Business

a) What are the benefits of investing in a 'corporation?'
b) Who was J.P. Morgan and why was he important?
c) What is Social Darwinism, and do you believe in it?
d) Why are Carnegie, Rockefeller and Stanford important figures in American history?
e) In your personal opinion, do you think the government was right in breaking up monopolies in the late 1800s?

10) The Second Industrial Revolution (Part II)

In this section, you read about several key inventions created during the late 1800s.

List the 5 main inventors that are mentioned, and then write their invention and its impact on American society. (Be sure to write in complete sentences)

INVENTOR >>> INVENTION >>> EFFECT ON AMERICAN SOCIETY

9) The Second Industrial Revolution

a) What was the Second Industrial Revolution?
b) Why do you think "patents" are important to inventors?
c) Why did people begin to pump oil from the ground?