HIS372H1 Lecture Notes - Lecture 5: Retail Therapy, Condensed Milk, Classical Architecture
Document Summary
Scope could mean vertical integration, or it can mean diversi cation into related products. Scope refers to the range of activities being done. Scale and scope are key characteristics of big business; without these, it"s probably not a big business. Textile mills go back to the 1810-1820s. U. s. after going to england and visiting their factories. Eventually he managed to reproduce these textile mills in massachusetts. He built these mills and canals, and by the mid-century, he had 52 mills along the canals of the city. It produced 2. 25 million yards of fabric a week. The main labour force was young, unmarried women, generally who came from respectable farm families or other lower-working class families (i. e. not the poorest of the poor but not wealthy). He housed the women in boarding houses with matrons who oversaw their respectability and morality.
