US Concept 4.1

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A legal group that owns stock in many companies

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A company that eliminates its competition and controls an industry

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A business owned by investors who buy part of the company through stocks

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“There remains, then, only one mode of using great fortunes; but in this we have the true antidote for the temporary unequal distribution of wealth, the reconciliation of the rich and the poor—a reign of harmony.... Under its sway we shall have an ideal state, in which the surplus wealth of the few will become, in the best sense, the property of the many, because administered for the common good, and this wealth, passing through the hands of the few, can be made a much more potent force for the elevation of our race than if it had been distributed in small sums to the people themselves. Even the poorest can be made to see this, and to agree that great sums gathered by some of their fellow-citizens and spent for public purposes, from which the masses reap the principal benefit, are more valuable to them than if scattered among them through the course of many years in trifling amounts.”

Andrew Carnegie, “Wealth,” 1889

The “temporary unequal distribution of wealth” that Carnegie refers to in the excerpt resulted most directly from the

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The Gilded Age saw the greatest shift in population from which area to which area?

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What does "Gilded" mean when we talk about the Gilded Age?

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A wealthy person who donates to charity is known as a ...

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Who is the industrialist/ robber baron pictured in the political cartoon above?

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Who is the "robber baron" pictured in the political cartoon above?

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Which industrialist is best known for his work in the steel industry?

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Captain of industry/Robber Baron in the banking industry

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Belief that the rich are wealthy because they are strong and the poor are weak

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Belief that the rich were chosen by god to be rich and should therefore share their wealth.

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An economic practice where the government does NOT try to control the economy.

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This was created to regulate monopolies

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This was created to regulate railroads