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GENESEE ACADEMY SOCIAL SCIENCE

DOING BUSINESS

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LESSON 16            “DOING BUSINESS”

 

SYSTEM

COTTAGE

FACTORY

BIG

BUSINESS

DATES

BEFORE

1815

1815 – 1880

AFTER

1880

EXAMPLE

 

LOWELL

FORD

POWER

HUMAN

WATER/

STEAM

ELECTRIC

 

COMMUNICATION

IN PERSON/

LETTERS

TELEGRAPH

TELEPHONE/

COMPUTER

TRANSPORTATION

WAGON

RAILROADS

(CANALS)

TRUCKS/

AIRPLANE

TECHNOLOGY

COMPLEX

MACHINES

INTERCHANGEABLE

PARTS

LIGHT

BULB

BUILDING

MATERIALS

WOOD

IRON

STEEL

EXPANSION

MERCANTILISM

HORIZONTAL

INTEGRATION

VERTICAL

INTEGRATION

LESSON 16            “DOING BUSINESS”

 

 

 

 

 

HORIZONTAL INTEGRATION

 

 

SHOE

FACTORY

#1

 

SHOE

FACTORY

#2

 

SHOE

FACTORY

#3

 

SHOE FACTORY

#4

 

 

 

 

 

 

 

LESSON 16            “DOING BUSINESS”

 

 

CATTLE RANCH

SHOE FACTORY

TRUCKING

SHOE STORE

BANKS

 

HOUSING

ADVERTISING

 

VERTICAL INTEGRATION

 
 
 
 
"We hold these truths to be self-evident, that all men are created equal,..." Declaration of Independence, 1776