Name: Sarah Hanna
Date: 24, September 2019
Cornell Notes
Chapter 17
Page Numbers
Reduce & then Recite
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Create questions which elicit critical
thinking, not 1 word answers
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Write questions directly across from the
answers in your notes
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Leave a space or draw a pencil line
separating questions
You may also want to use this area record the
headings of each of the
Record for Review
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Write headings and key words in (you may want to
use a different font color)
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Take sufficient notes with selective (not too much
verbiage) & accurate paraphrasing
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Skip a line between ideas and topics
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Use bulleted lists and abbreviations
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Correctly sequence information
Include diagrams or tables if needed for clarification or length
Why was there a rise in Big Business?
What happened to prices as a result of
industrialization?
Why were prices lowered because of
industrialization?
What happened in the 1900’s in the US
Factories?
Homestead lockout
What was standard oil? 7.He’s utilizing predatory pricing to absorb his competitors, gain greater market control.
I. Rise of Big Business
A. Innovators in Enterprise
1. Production and Sales
1.
Industrialization lowering prices because of large-
scale manufacturing. Developing new technological
producers, business efficiencies allowing a profit to
be made.
2.
Railroad companies initiating management revolution
that creating a managerial hierarchy of
responsibilities, departmentalizing operations
function, improving accounting.
3.
US became an industrial power largely tapping vast
natural resources of North America, including
minerals, lumber, raw materials in West.
4.
Steam, electricity became chief energy workhorses,
industries that once depending on waterpower began
using prodigious amounts of coal. Kerosene replacing
whale oil, wood to produce lighting, heating.
5.
1900, US factories, urban homes were converting to
electric power. This transition had great economic,
environmental significance.
6.
Cattle dealer Gustavus Swift pioneering assembly line
to improve productivity, creating a new kind of
enterprise- central processing to distribution.
Why was there a rise of trusts?
What was vertical integration?
How did it help control the production and sale of Oil? Why was there growing resentment toward large corporations?
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