ADMS 1010.docx

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York University
Administrative Studies
ADMS 1010
Indira Somwaru

ADMS 1010 Joel Marcus Each of the four factors correspond to the Canadian context of the late 1800’s and early 1900’s by Enabling Political Systems: In the late 1870’s and the 1920’s Massey had a working relationship with the Prime Minister John A. Macdonald who wanted the Stern Diamond Company to succeed. By doing so he needed to create a tariff protection policy. John A. Macdonald created the national Policy, which promised higher tariffs, including 35 percent on some imports. Ultimately, the National policy created a negative impact, and proved to be a huge disadvantage for the Massey Company because it would pose an increase in manufacturing costs. The Reciprocity Treaty of 1854 brought with it several advantages to the Massey Company. The treaty allowed the burgeoning company the tariff free import of non-manufactured goods from the United States. This opened the Canadian market for many products, such as timber, at lower costs due to the large economies of scale from the United States. Now that lower prices were exposed to the influx of American goods in the market, consumers had a choice between Canadian and American goods. This weakened Canada's impact on pricing and forced Canadian suppliers to lower their prices to reflect the American competition. This saved Massey's company a lot of money because timber was an important product for his farm-implementing business. Coal was also included in the treaty and thus more affordable to Canadian consumers. This, too, helped the Massey company by generating further revenue through sales of steam-powered implements that relied on coal. The Reciprocity Treaty of 1854 saved Massey a lot of money on non- manufactured goods meanwhile aided in increasing sales as well. The Canadian Pacific Railway was completed in 1885. With the expansion of rail linkages, the Massey company firm grew largely prior to the late 19 centrury. Vibrant Entrepreneurship: Hart Massey was constantly seeking for new technology and took. In 1855 the development of a new product was invented, the reaper and mower were combined into a single machine called the many com
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