Day 1 gilded age vocab

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The Gilded Age was a time of great

wealth….

The Gilded Age was a time of great

wealth….

Robber BaronRobber Baron

a businessman who earns enormous wealth through ruthlessly exploiting workers.

a businessman who earns enormous wealth through ruthlessly exploiting workers.

If you were filthy rich during the Gilded Age, were you a “robber

baron?”

If you were filthy rich during the Gilded Age, were you a “robber

baron?”

Not necessarily….Not necessarily….

If you treated your workers well…..you were NOT a robber baron.

If you were willing to donate your money for causes that helped

others….you were not a robber baron.

If you treated your workers well…..you were NOT a robber baron.

If you were willing to donate your money for causes that helped

others….you were not a robber baron.

Captain of IndustryCaptain of Industry

an ingenious and industrious leader who transformed the American economy with his business skills.

an ingenious and industrious leader who transformed the American economy with his business skills.

Capital/Capital ResourcesCapital/Capital Resources

Rebate/KickbackRebate/Kickback

a return of part of the original payment for some service or merchandise; partial refund.

a return of part of the original payment for some service or merchandise; partial refund.

Vertical IntegrationVertical Integration

When a company expands its business into areas that are at different points of the same production path.

When a company expands its business into areas that are at different points of the same production path.