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Unformatted text preview: n and scope of firms
Ex. meat packing industry - rise of beef came from better organized distribution
network of meat, as well as refrigerated rail cars thanks to Gustavus Swift - as
volume increased, he increased division of labor in butchering and disassembly men
in assembly line within plant
other meat packers began to innovate, using alternative parts of the cow now
available in large numbers for other goods like bones and damaged hides to glue, etc.
Emergence of Modern Business Enterprise
- Chandler argues that 2 forces: mass distribution and mass production: are
responsible for the changes in industrial structure and nature of the firm after the civil
- 1st change in distribution system; rail road and telegraph
- telegraph: by 1852 23,000 miles of telegraph line, promised safe and efficient...
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This document was uploaded on 02/25/2014 for the course ECON 2110-01 at Tulane.
- Spring '13