The Rise of Big Business

1
The Rise of Big Business

• Corporate America, 1860-1900
• Methods of Organization

2
Pre Industrial Setting

• Hamiltonian Advocacy
• Role of Technology
• Emerging Market Economy
• Crafts to mass production
• Cotton and Textiles
• Role of Labor

3
The Railroads

• Capitalization requirements
• Professional Management
• Infrastructure and Integration
• Other Industries iron, mines, lumber, etc
• Cheap Labor
• Speculation and The Markets

4
The Central Pacific

• The Big Four and Their charge
• Government promotion
• The Chinese
• Southern Pacific Railroad
• Political Power

5
Other Key Features

• Laissez Faire
• The Business Cycles
• Consolidation
• Modern Bureaucracies
• Assembly Line Mass Production
• Discontentment and Protest

6
Monopolistic Practices

• Horizontal and Vertical Integration
• Pool Arrangements
• Trusts and Mergers
• 14th Amendment