LABRST 1C03 Lecture Notes - Gilded Age, Idle No More, Business Process
5 Mar 2013
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A: is a big rally of people due to the disposition of land and resources towards first nation people. Wealth of this country is from accumulation of dispossession. Capitalist enterprise rapidly expand in the middle of the 1800s across europe and north. Increased business competition decreased prices and ushered in an era of economic instability (1873-1896) During this period core industries become bigger, more centralized, vertically integrated and more capital intensive: that means a business begins to control all the production of the business process. If a company is making steal, that company also controls the power source to the making of steal. As firms gets bigger they become more capitalized. This is referred to as the gilded age of robber baror. This is also a period where we see the development and the rise of the working class and where people are alienated from the production of good.
