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Captains of Industry vs. Robber Barons: Examining Business Practices in the Gilded Age

In this essay, we analyze the business practices of influential figures in the Gilded Age to determine whether they were Captains of Industry or Robber Barons. We examine the distribution of wealth, background information, and various documents to form our conclusion.

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Captains of Industry vs. Robber Barons: Examining Business Practices in the Gilded Age

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  1. Unit 4: The Gilded Age 11.19.18

  2. Definitions • Captain of Industry:a business leader whose means of gathering a personal fortune contributed positively to the country in some way • Robber Baron: a powerful businessman who uses questionable or unethical business practices to become wealthy

  3. With your Table Read each business practice and decide if it is an activity practiced a Captain of Industryor a Robber Baron

  4. Distribution of Wealth

  5. Our question Were these businessmen truly ‘Captains of Industry’ or ‘Robber Barons’?

  6. Background essay • Read the background info & answer the questions • Write your answers onthe questions • Please do NOT write on the reading

  7. Captains of Industry or Robber Barons? • Use documents A-F to answer the questions

  8. Now then Jim…No jockeying you know! Cornelius Vanderbilt Let ‘em rip Commodore!But don’t stop to water or you’ll be beat! James Fisk

  9. Washington as Seen by the Trusts“What a funny little government,” John D. Rockefeller observes in this satirical cartoon. His own wealth and power are presumed to dwarf the resources of the federal government. (TheVerdict, January 22, 1900. New York Public Library.)

  10. Captains of Industry or Robber Barons? • Analyze the evidence • What does it tell you, Captains or Robbers?

  11. Thesis Statement On the back of the Background Essay Questions please use the stem: Businessmen in the Gilded Age were (Captains of Industry/Robber Barons) because ____________, ___________, and ___________. Reason 1 Reason 2 Reason 3

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