Civil War Expanding economy Larger travel To unite the west and
the east (communication) Rebates and pools
Slide 3
Small railroads form They combine Transportation becomes longer
Transcontinental railroad Railroads become more luxurious
Slide 4
By: Joey, Chip, Ashley, Matt, and Tom
Slide 5
After visiting Britain and discovering the Bessemer Process,
Andrew returned to America and started a steel mill. After some
time, he was making enormous profits. He then started to buy other
mills.
Slide 6
After the buying of mills, he started to buy iron mines,
railroad and steamship lines, and warehouses. This was the
beginning of vertical integration; he had began to build an
empire.
Slide 7
He had began to control all the parts of the steel making
process. He had became one of the first people to do this. He set
an example for modern companies.
Slide 8
Almost all companies these days control all parts of the
manufacturing, marketing, and selling. Carnegie was an innovator in
his time and one of the first to do this.
Slide 9
By: Kirsten, Sabrina, Holden, and James
Slide 10
Monopolies- control all or nearly all the business of an
industry Trust- a group of corporations run by a single board of
directions
Slide 11
Caused by a lack of competition Main industry controls the
smaller industries Causes higher prices and lowers quality of items
Legal if they are not supported by force
Slide 12
Promote monopolies First trust = Standard Oil Trust Did not own
the companies but did assist them Sometimes used violence to form
Many antitrust acts were put into effect to eliminate
monopolies
Slide 13
Prices rise Quality of goods decreases Big- big businesses
thrive Big businesses struggle Small businesses go under
Slide 14
And the impact on the rise of big business
Slide 15
A stock is a share of ownership in a corporation. A corporation
sells stock to investors. These stockholders hope to receive
dividends which are the shares of a corporations profits. A
corporation can use the money invested by stock holders to build a
new factory of buy new machines.
Slide 16
In return for their investments stock holders hope to receive
dividends. A dividend is a share of a corporations profits. To
protect their investment, stockholders elect a board of directors
to run the corporstion.
Slide 17
Stockholders face fewer risks than owners of private business
do. If a private business goes bankrupt, the owner must pay all of
the debts of the business. By law, stockholders cannot be held
responsible for a corporations debts.
Slide 18
When the bank industry created investment trusts that held
individual securities, trusts could be sold in pools to investors.
With multiple pools containing various amounts of money, high
ranked investors had the money to buy back stocks and continue the
cash flow of newly arisen stock trade.
Slide 19
By: Alyssa, Karen, Jess, Will, and Chris
Slide 20
Small factories began to grow as peoples needs increased
Railroads distributed goods nation wide Small factories then began
to close Americans thought of new ways to organizes their
businesses
Slide 21
As businesses grew, many became corporations Stock holders
hoped to get shares of a corporations profit in return for
investment
Slide 22
Most powerful banker of the 1800s Not only a banker, but used
his profits to gain control of large industries Invested in the
stock of troubled corporations When corporations came back, they
were voted into the board of directors company
Slide 23
Gained control of most of the nations major rail lines Merged
them into one single corporation Became the head of the United
States Steel Company
Slide 24
1. financing 2. debt financing 3. technology licensing
agreements 4. real estate and project financing 5. international
trade agreements 6. joining venture agreements 7. private equity
placements
