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Reasons for Rise in Big Business

Reasons for Rise in Big Business. Captains of Industry Vanderbilt Carnegie Rockefeller. Immigrant Labor. D ue to immigration, there was a larger a vailability of people ready to join the work force. Lowered production costs. Assembly line:

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Reasons for Rise in Big Business

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  1. Reasons for Rise in Big Business

  2. Captains of Industry Vanderbilt Carnegie Rockefeller

  3. Immigrant Labor • Due to immigration, there was a larger availability of people ready to join the work force.

  4. Lowered production costs • Assembly line: Products made faster, cheaper, and more accessibleto average consumer.

  5. Faster transportation • New markets were created. • Trains reached small towns in addition tocities.

  6. Easy access to materials and energy • Trains shipped raw materials and finished products. • Electricity ran machinesmore efficiently.

  7. Inventions • Mechanization(e.g., the reaper) reduced farm labor needs and increased production.

  8. Advertising • More consumers = more profits. • Creation of mail order catalogs and chain stores.

  9. Financial resources • New ways to borrow money led to creationof new businesses. • END.

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