1. Good Afternoon!!!! No NVC  HOT ROC: Modern Monopoly
JP Morgan: Robber Baron or Captain of Industry?
Essential Question: Were the Big Business owners of the Gilded Age “Captains of Industry” or “Robber Barons”?

2. Modern Monopoly https://www.youtube.com/watch?v=cd92CKEE2OI
Why do people go to stores like Walmart?
What are some of the problems that Walmart creates?
Does Walmart use vertical or horizontal integration to create its monopoly?

3. Robber Baron vs. Captain of Industry
Were the Big Business owners of the Gilded Age “Captains of Industry” or “Robber Barons”?
Captain of Industry: innovative business leaders that helped create modern America
Robber Baron: dishonest, arrogant businessmen that exploited people and society to gain wealth

4. J.P. Morgan
John Pierpont “J.P.” Morgan: famous banker that dominated corporate finance
Controlled 48 railroad, steel, and electric companies through his financial investments
Used his immense influence to stabilize the American economy during several crises
Critics claim he had too much influence over the economy

5. The Men Who Built America (Video Clip)
Source: The following clip is from the History Channel documentary, The Men Who Built America. The four-part series is a docudrama including original images and re-enactments. Broadcast in Fall 2012, the series focused on the contributions made by Vanderbilt, Rockefeller, JP Morgan, Carnegie and Henry Ford as well as other prominent industrialists. The series focuses on how their industrial innovations and business empires revolutionized modern society.

6. Inquiry
Was JP Morgan a “Captain of Industry” or a “Robber Baron”?