Explain the terms robber baron and captain of industry

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Robber Barons vs Captains of Industry Assignment During the Period of the Industrial Revolution, much strife and conflict arose between capital and labor. Capital being the industrialists and labor being the people working to make the economic machine function. Given what you have learned about the social, economic, and political situation in the 1870s-1890s. I would like you to address the points below. After answering the questions, you will refute two of your classmates on their assertions about this same issue.

Questions:

1. ???Explain the terms "robber baron" and "captain of industry" within the context of the time. Which side do you tend to fall on and why? What are contemporary parallels in our world now? Who do you see alive today as a representative of a robber baron or a captain of industry? How will history view these people?

2. ???During this period, what role did the government, and courts play in relation to Robber Barons/Captains of industry? What role do you think the government SHOULD have played at this point? Does this apply to economics now in your mind?

Reference no: EM133779796

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