3. gold, silver, water, timber, coal, iron ore work ethic, increasing population, entrepreneurship

4. Science applied to business Roads, railroads, steamboats, canals

5. You may want to take some notes from this video clip.

6. For example….

9. DIVIDEND A portion of earnings paid to a stock holder Ralph owns 100 shares of Ford. If the board of directors authorizes a dividend payment of $.30 per share, how much will Ralph receive? CAPITAL GAIN Sale of stock at a higher price than purchased Ralph bought his shares at $10 per share; he sells them at $12 per share. How much does he gain?

11. VERTICAL MONOPOLY Control of entire manufacturing process, from start to finish HORIZONTAL MONOPOLY Control of a key step in the manufacturing process

12. Cornelius Vanderbilt 1794-1877 - shipping and transportation - Philip Armour 1832-1901 - grain and meatpacking -

13. Andrew Carnegie 1835-1919 - steel - J. Pierpont Morgan 1837-1913 - finance - J. Pierpont Morgan 1837-1913 - finance -

14. John D. Rockefeller 1839-1937 - oil - Charles Pillsbury 1842-1899 - flour and milling -

17. The “Haves” Biltmore Estate The “Have-nots” Lyndhurst

27. Erie Canal: http://www.lakelandschools.org/lt/NewYorkVM/canalmap.gif Cornelius Vanderbilt: http://content.answers.com/main/content/wp/en/thumb/3/35/225px-Vanderbilt.jpg Philip Armor: http://content.answers.com/main/content/wp/en/thumb/5/50/180px-Philip_D_Armour_in_the_1880s.jpghttp://content.answers.com/main/content/wp/en/thumb/5/50/180px-Philip_D_Armour_in_the_1880s.jpg J. Pierpont Morgan: http://teachpol.tcnj.edu/amer_pol_hist/fi/00000107.jpg Andrew Carnegie: http://www.creativeenergy.org/images/andrew_carnegie.jpghttp://www.creativeenergy.org/images/andrew_carnegie.jpg John Rockefeller: http://shots.oxo.li/hot/OXO-World/John_D_Rockefeller.jpg Charles Pillsbury: http://www.kipnotes.com/pillsbury.jpghttp://www.kipnotes.com/pillsbury.jpg “After the feast”: http://www.pbs.org/wnet/historyofus/teachers/pdfs/segment9-4.pdfhttp://www.pbs.org/wnet/historyofus/teachers/pdfs/segment9-4.pdf Founders of the Knights of Labor: http://6hourday.org/images/FoundersKoL1886.jpg Knights of Labor symbol: http://content.answers.com/main/content/wp/en/a/a7/KOLlarge.jpeg Uriah Stevens: http://www.freemasonry.bcy.ca/biography/images/stevens_u.jpg Samuel Gompers: http://content.answers.com/main/content/img/BritannicaConcise/images/24735.jpghttp://content.answers.com/main/content/img/BritannicaConcise/images/24735.jpg IBEW: http://www.ibew683.org/ibew683.jpghttp://www.ibew683.org/ibew683.jpg Teamsters: http://www.focusink.com/images/teamsters_official_logo.gifhttp://www.focusink.com/images/teamsters_official_logo.gif PSEA: http://cattyea.org/images/psea2.pnghttp://cattyea.org/images/psea2.png Strike: http://weblogs.newsday.com/entertainment/tv/blog/strike.jpghttp://weblogs.newsday.com/entertainment/tv/blog/strike.jpg American Workers’ Union Strike: http://www3.niu.edu/~td0raf1/radicalunionism/548_214_Hooverville_street_protest_zm.jpghttp://www3.niu.edu/~td0raf1/radicalunionism/548_214_Hooverville_street_protest_zm.jpg Writers’ Strike: http://flowtv.org/wp-content/uploads/2008/05/wga9.jpg Sit down strike 1937: http://info.detnews.com/dn/history/labor/images/flint1.gifhttp://info.detnews.com/dn/history/labor/images/flint1.gif Lyndhurst: http://www.lyndhurst.org/images/LyndhurstFront.jpghttp://www.lyndhurst.org/images/LyndhurstFront.jpg Biltmore: http://www.biltmore.com/images/content/biltmore_img_media.jpg