Big Business
What is a Robber Baron?
a person who has become rich through ruthless and unscrupulous business practices (originally with reference to prominent US businessmen in the late 19th century).
What did Progessives believe?
Progressives were interested in establishing a more transparent and accountable government which would work to improve U.S. society.
Who was Reaganomics supposed to help?
Workers
Purple
How did railroads revolutionize business?
Faster product transferring, business can be on the go
What can a Union do to help its workers?
Strike and Organize Labor / Wages
What/Who was Reagonomics named after?
Ronald Reagan
How many siblings does Mr. R have? (Double Points if you get their names)
1 and Jess Roethle II
What is the difference between Vertical and Horizontal Integration
Vertical = Increasing your productivity
Horizontal = Acquiring other businesses
What was Prohibition?
Ban Alcohol
What caused the economic recession around 2008?
Banks and mortgage lenders became increasingly predatory with their lending practices
What is Mr. R's favorite candy (Chocolate not included)
Skittles
What does laissez-faire mean?
Government's hands off of businesses
Why did some people support the banning of Alcohol?
Believed it reduced crime and seen as immoral
Who did the government bailout after the 2008 housing crisis?
Banks
Mr. R's favorite chocolate bar?
Crunch Bar
Main Reasons Stock Market Crashed
Dust Bowl, Bank Runs, Unreasonable spending
How did the triangle shirtwaist tragedy change America?
their story inspired hundreds of activists across the state and the nation to push for fundamental reforms. The tragedy inspired a lifetime of advocacy for workers' rights.
Explain Trickle Down Economics / Reaganomics
Trickle-down economics is the theory that tax breaks and other beneficial policies for companies and the higher earners in society will put more money into the economy, which will eventually benefit everyone
Mr. R's favorite movie Series?
Indiana Jones