Robber Barons/Captains of Industry

What is a robber baron?

• A nickname for a popular board game from the 20th century.
• A famous historical figure known for amazing strength.

• A term used to describe a type of medieval castle.
• A wealthy and usually unethical businessman from the late 19th century.

A monopoly is a company that controls what?

• All or most of an industry

• A company

• The government

Why did people have to pay such a high price for oil?

• There was a shortage of oil

• Rockefeller controlled the market

• The government set high prices

People felt monopolies were what?

• Necessary for growth

• Unfair and harmful

• A sign of success

Controlled oil industry

• John D. Rockefeller

• JP Morgan

• Cornelius Vanderbilt

• Andrew Carnegie

Controlled banking and finance industry

• John D. Rockefeller

• JP Morgan

• Cornelius Vanderbilt

• Andrew Carnegie

Controlled railroads and shipping industry

• John D. Rockefeller

• JP Morgan

• Cornelius Vanderbilt

• Andrew Carnegie

Horizontal Integration

• John D. Rockefeller

• JP Morgan

• Cornelius Vanderbilt

• Andrew Carnegie

Vertical Integration

• John D. Rockefeller

• JP Morgan

• Cornelius Vanderbilt

• Andrew Carnegie

What is a monopoly?

• A type of government regulation

• A company that controls an entire industry

• A method of investing in stocks

• A charitable organization