Aim: Why was the United successful at industrialization?
Bell Ringer: Journal 22 – Based on the chart on page 101, what generalizations can you make about why a corporation might have a competitive advantage over a sole proprietorship? (10 min)
Objectives:
- 1. Students will examine the social, political, and economic causes, course, and consequences of the Second Industrial Revolution that began in the late 19th century.
- 2. Students will compare the First and Second Industrial Revolutions in the United States.
Agenda:
- 1. Bell Ringer (10 min)
- 2. EOC Review Guide pages 11 (10 min)
- 3. Review "Economies of Scale" and add definition to table on B-4.
- 4. Read pages 101-103 "Consolidating Industry" (including both charts) Add the following definitions to the guided notes: pool agreements, vertical integration, horizontal integration, trust
Home Learning: Complete "Consolidating Industry"
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