Industrial Revolution Labor and Employment

Industrial - leads to mass production because it brings together a lot of people with a lot of money Rise of Corporations investors buy machines

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Industrial Revolution - 1830s-1870s - transformed American Economy, fundamentally changed the way Americans worked - most Americans go from working for themselves to working for other people when you work for yourself, you decide how long you work, how hard you work, etc. - corporations forming
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Unformatted text preview: leads to mass production because it brings together a lot of people with a lot of money Rise of Corporations investors buy machines and factories- investors expect a return on their investment- rise of corporations leads to machinery, machinery increases productivity...
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This note was uploaded on 01/23/2012 for the course LABOR STUD 100 taught by Professor Katz during the Spring '11 term at Rutgers.

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