How It Evolved

Examines the influences of the industrial revolution on American technology, finance, and management, and traces the development of our business system from the handicraft economy of colonial times to the giant, diversified corporations of today. Pictures, behind the rise of heavy industry, the early textile mills of New England, Lowell's "factory" near Boston, Eli Whitney's designs for equipment with interchangeable parts, the continuous-process manufacturing of Oliver Evans, and the development of remote power, fast transportation, and easy communication. Shows finance and management concepts evolving from individual to corporate forms, then to horizontal and vertical integration of *, Examines the influence of the industrial revolution on American technology, finance, and management, and traces the development of our business system from the handicraft economy of colonial times to the giant, diversified corporations of today. Pictures, behind the rise of heavy industry, the early textile mills of New England, Lowell's "factory" near Boston, Eli Whitney's designs for equipment with interchangeable parts, the continuous-process manufacturing of Oliver Evans, and the development of remote power, fast transportation, and easy communication. Shows finance and management concepts evolving from individual to corporate forms, then to horizontal and vertical integration of corporations.