HIST-H 106 Lecture Notes - Lecture 3: Carnegie Steel Company, Vertical Integration, Bessemer Process
20 Jan 2017
School
Department
Course
Professor
Document Summary
1. 3 big business: how did big business grow? philosophy. Railroad, modern production and distribution, role of government, immigration, and. 1890: manufacturing countries, england (e, germany (g, france (f, u. s, value of us manufactured goods= combined value of e,g,f, lost numbers because of the civil war, and still managed to come out on top. Railroads (cont. : things given to us from the railroad system (cont. (cid:272). (cid:272)e(cid:374)tral (cid:272)o(cid:374)troller"s offi(cid:272)e (cid:894)(cid:272)o(cid:374)t. (cid:895) Flow charts: business start using telegrams because they realize how efficient they are. Modern production: new technologies, electricity, bessemer steel, refining petroleum, vertical integration, towards the consumer, when all steps of production are controlled by the company, consumer will then pay less, so they will buy more, meat packing=best example. Gustavas swift (g. s: r and d lab, refrigerated railroad car, forward integration, g. s had refrigerated warehouses, g. s butchers got meat from warehouse.
