Industrial Capitalism

Published at Nov 18, 2015
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PRESENTATION OUTLINE

INDUSTRIAL CAPITALISM

Photo by Felipe Dupouy

With the introduction of things like the Cotton gin, interchangeable parts for firearms and the assembly line of automobile production things became cheaper and more accessible.

  • With the introduction of things like the Cotton gin, interchangeable parts for firearms and the assembly line of automobile production things became cheaper and more accessible.

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  • Industrialization was expensive; it required a large capital investment but encouraged organization of large-scale corporations with hundreds of investors and new laws were created to protect investors from liability

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  • Monopolies, trusts, and cartels were competitive associations and brought about things like Vertical and horizontal organization

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  • France and Britain laid the foundation for the modern corporation and in the process financial businesses were helped
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