LEC+07++ROBBER+BARONS+-+S+12

LEC+07++ROBBER+BARONS+-+S+12 - BA - AS 172 THE ROBBER...

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1 BA - AS 172 THE “ROBBER BARONS” AND THE RISE OF BIG BUSINESS Commented on RPs 1-3 are down in front - PLEASE PICK UP!
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2 Administrative l Reaction Papers These are NOT optional! - At least not entirely! Don’t wait too long to get started – pace your self so you can turn them in over whole semester Please answer the actual questions! Please put the number and the title of the RP at the top of your page Please NUMBER YOUR ANSWERS! I am having difficulty in some cases figuring out where your reaction answers begin Proofread your answers – read out loud to selves l Lecture Forum – do you want this?
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Mid-term review Exam is Wed. Feb 23. l Review sheet handout l What we will look for when grading your answers l RP reaction Forum l Questions? 3 Bring blue books !
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4 BA- AS 172 PERIODIZATION l 1800 - 1860: Industrial Revolution l 1860 - 1890s : Rise of Big Business l 1890s - 1930s : Emergence of Managerial l 1940s – 1960s : Golden Age of Managerial Capitalism l 1970s - Today : Global Capitalism
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5 TODAY l OVERVIEW OF THE ERA What was “big business”? How, why did it evolve? What was its impact on society? l Debates that shape historical interpretation of this era America’s love-hate relationship with big business
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6 Shoemakers at Work in an Old-Time Ten-footer Shop INDUSTRIAL REVOLUTION
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7 Flour Mill and Dam INDUSTRIAL REVOLUTION
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8 Textile Mills in 1850s LATE INDUSTRIAL REVOLUTION
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9 North Chicago Rolling Mill, 1900 HEAVY MANUFACTURING “BIG BUSINESS”
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10 10 LARGEST INDUSTRIES BY VALUE ADDED, 1860-1910 HEAVY MANUFACTURING COMES MORE TO THE FORE
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11 10 LARGEST INDUSTRIES BY VALUE ADDED: 1860 vs 1910 All manufacturing $815M $8,529 M 270 260 180
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12 INDUSTRIAL EXPANSION l 1910 DATA AS MULTIPLES OF 1860 Total manufacturing output 10.8 Textiles and kindred products 6.2 Food and kindred products 3.7 Iron, steel and their products 25.2 Other metals & metal products 26.0
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13 HUGE INCREASES IN SCALE OF EVERYTHING CAPITAL INVESTED PHYSICAL SCALE EMPLOYEES OUTPUT
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This note was uploaded on 03/08/2012 for the course ECON 155 taught by Professor Klein during the Spring '12 term at Berkeley.

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LEC+07++ROBBER+BARONS+-+S+12 - BA - AS 172 THE ROBBER...

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