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These techniques included forming a consumer base and using label names, brands, and warranties. Fourth, new industries of the late 1800s also incurred social and ecological expenses and enjoyed likewise benefits. These factors of industry entailed laborsaving equipment with workers vulnerable to bodily harm and pollution. Examples of new technologies that led to the growth of industries are equipment that made steel stronger and railways.
Two inventions in organization developed by corporations are downsizing and vertical incorporation and a large staff. The device of downsizing and vertical incorporation mostly applied to oil companies that made deals with railway companies for transportation benefits. This device aided in ridding the competition. The device of a large staff or the “pull factor,” involved the migration of immigrants, mostly southern African Americans, with plants. Three ways the government played a role in the rise of big business are supporting corporations by offering federal forces to reinstate order, making court rulings in favor of big businesses, and side with big businesses against worker unions.
New technologies were the main difference between industries of the late 19th century and those of the pre-civil war period, organizational devices defined the operation and production of big businesses during the 1800s, and the government played major roles in the success of great businesses during the 19th
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Marx observed the class struggle in which the oppressed reacted against the oppressors. He also described the victory of one class as a pavement to future freedom of the rest of the society and the generations to come. In the past Britain history, several groups emerged each claiming the authority over the other.
These factors affect and determine the rates of industrialization for a particular country. This explains the reasons as to why there are varying levels and rates of industrialization in different countries all over the world. For instance, states like the US and Germany have made considerable strides in industrialization and these are comparable to other countries such as the Soviet Union, Japan, China and the UK.
On the other hand the supply curve of each producer reflects the behaviour of his marginal cost. The lateral summation of the individual supply curves determines the market supply curve. The intersection of
The paper will discuss on two different industrialisation strategies that will be critically analyzed. It will be able to explain what the strategies are all about. It is evident that not everything is perfect,
8. This incident actually occurred in Somerville, Massachusetts in 1980 injuring 480 people. A railcar placarded 1809 is involved in an accident and the contents of the car begin leaking. The liquid is headed towards storm drains and so firefighters apply water to
The growth of this great country isgiven a limit by the widespread hand labor due to production capacity.
However, after the civil war things take a dramatic turn for the better. Hand workgets a substitution by the use of machines in most of the production
The average turnover for the industry this company operates is 5 times. Therefore, a figure below the average is a poor inventory management practices of the firm. Both Apple and Google have had an exceptionally turnover for the last two years. This clearly shows that
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