MGMT 1030 Lecture Notes - Wrought Iron, Bessemer Process, Jarrow March

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The rise of market society in europe and the industrial revolutions in. Led by britain, with the united states, france, and germany following several decades later. Marked by increases in agricultural productivity, the development of new transportation methods such as canals, the rise of urban society, and the growth of the factory system. Typical new products were steam engines and factory-produced items such as cotton textiles and ironware. Led by the united states, britain, and germany. Marked by communication and transportation revolutions, the development of the telegraph, railroads, and the internal combustion engine, and the development of the modern corporate structure. Typical new products were steel, chemicals, and a wide array of consumer goods such as automobiles and home appliances. Led by the united states and japan. Marked by the rise of the service economy, international financial and trade transactions, and the introduction of the computer. Typical new products were consumer electronics and a wide array of pharmaceuticals.

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