MGMT 1030 Lecture 11: lecture notes combined
20 Jul 2016
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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. 1833 factory act- not enough government enforcers to stop of slow child labour. 1834 poor law amendment act- indoor relief workhouses. Degrading work setup in order to get you out as soon as possible. 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. Coal, engineering, financial improvements (limited liabilities concept introduces) investment markets created.
