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Big Business - Coggle Diagram
Big Business
Capitalism The Government doesn't control your money, also doesn't control the business
Allows you to have your own Ownership, agrees with social Darwinism
Socialism Takes percentages of you earning, taking 70% of earnings
Communism, Just takes whatever your yours, your is property of country. Government owns everything. Work no matter what
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Industry workings
Coal Mining Industry
Pollution Dangerous, Black Lung CANCER, Low Pay,
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Child Labor
System to go against Minority workers in bad conditions get low wages, very long hours, Hot factories
Good Child Labor Laws, against child workings and need permits
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Monopoly, control over huge business and lots of money, where Millionaire became a definition. No Competition
Social Darwinism - The Idea only the strongest will survive. Strongest political system or Business will ride or die.
Charles Darwin created the Evolution theory, and
Herbert Spencer came in and added it to real life, and creating the term Survival of the fittest.
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Sherman Antitrust Act A law to make it legal to create Monopolies and tactics related to making big Money
Collective Bargaining
Negotiation for better wages, safer working areas for workers
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