NATS 1840 Lecture Notes - Lecture 12: Batch Production, Chemical Industry, Oxy-Fuel Welding And Cutting
15 May 2017
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Document Summary
Nats 1840 lecture 12 science changes the game: industrial expansion magnified. 18th century, craft production, manufacturing, science, engineers 18th century - craftsmen; by 19th century, production was factory based, science gets added to the process, makes it more significant, science changed the way industry operated. Science and industry (electrical and chemical) first industry that took on science. Capitalists, publications, university contacts, r+d laboratories, science for profit, efficiency : university researchers were doing work separately; attracted attention; industrialists said maybe we can do that too/stuff could be useful to us; university published their work/reports, etc. Science based industry in us, chemistry and physics (electricity) Family owned industries, large corporations, diverse products, consolidation diverse product line, big multinational corporations ruled. 1920"s: 500+ mergers in chemical & electrical industries. Small number of large companies dominant: dow, union carbide, dupont - dominate their individual industries.
