HIST113 Lecture 13: Lecture 13. Business and the state early 20th C. Nov 6 2014.docx
9 Feb 2015
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Why was there a growth in government intervention in the early 20th c: problems of industrial, urban development, child labor, risks to workers, poverty from low wages, or underemployment, puts pressure on government to address the imbalances that come out of the economy, the rise of big business, by the early 1900s there are more voices arguing that big businesses have too much power over prices and goods, has the potential to control too much of their particular sector, achieving the power of a monopoly, because of the big businesses buying power they are in a position to push out the smaller retailers through pricing wars, nationalist pressures, pressures from different areas of the nation, a sense that there are economic and business needs and issues throughout the country and they are not always the same, pressure on governments to ensure the business/economic activity is being encouraged in all areas of the country, ex.
