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The Birth of Big Business in the United States, 1860-1914 - Commercial, Extractive, and Industrial Enterprise (Hardcover, New)
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The Birth of Big Business in the United States, 1860-1914 - Commercial, Extractive, and Industrial Enterprise (Hardcover, New)
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The economic and cultural roots of contemporary American business
can be traced directly to developments in the era between the Civil
War and World War I. The physical expansion of the country combined
with development of transportation and communication
infrastructures to create a free market of vast proportion and
businesses capable of capitalizing on the accompanying "economies
of scale," through higher productivity, lower costs, and broader
distribution. The Birth of Big Business in the United States
illuminates the conditions that changed the face of American
business and the national economy, giving rise to such titans as
Standard Oil, United States Steel, American Tobacco, and Sears,
Roebuck, as well as institutions such as the United States Post
Office. During this period, commercial banking and law also
evolved, and, as the authors argue, business and government were
not antagonists but partners in creating mass consumer markets,
process innovations, and regulatory frameworks to support economic
growth. The Birth of Big Business in the United States is not only
an incisive account of modern business development but a
fascinating glimpse into a dynamic period of American history.
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