HI125 Lecture Notes - Lecture 7: Big Business, Pharmacovigilance, Consumer Protection

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Operated in some scientific management, but not to the us"s extent: was resisted by labour unions, who had greater connection to. Some british companies had introduced welfare capitalism: only large companies, such as cadbury engaged in welfare, cadbury"s company town was especially nice, and stood out from capitalism politics others. An outgrowth of industrialization and increased production. Began through industry and trade pre-industrial revolution. Viewed as: theory: higher level of consumption is beneficial for all, movement (product of above): promoted rights, powers and (individual/economy) interests of cons. Resulted in increased trade and small business/industry. Resulted from rise of individualism and reduction in control of traditional religion value: resulted in luxuries: especially in clothing (more, higher quality, Began in europe/britain and grew into america: led by population growth, increased trade and consumer flows in jewelry) Second stage of consumerism : much higher efficiency, increased production capacity and trade, led to increases in advertising (getting your product into as.

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