Aim: What new business strategies allowed businesses to
weaken or eliminate competition?
Bell Ringer: Key Industry Presentations (3 min/group)
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 determine how the development of steel, oil,
transportation, communication, and business practices affected the United
States economy.
Agenda:
1.
Bell Ringer (15 min)
2.
Grade & review "Women and African American
Inventors" HW (5 min)
3.
Journal 23 – 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)
4.
Review "Economies of Scale" and add definition to table
on B-4.
5.
Read pages 101-103 "Consolidating Industry" (including
both charts)
Home Learning: Complete designated sections of "Early Federal Laws
Regulating Business" and "Florida During the Industrial Era."
One section per student, row, or group. Sections 1-5
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