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Scale and Scope: The Dynamics of Industrial Capitalism

4.5 out of 5 stars 2 customer reviews
ISBN-13: 978-0674789951
ISBN-10: 0674789954
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Product Details

  • Paperback: 780 pages
  • Publisher: The Belknap Press (March 15, 1994)
  • Language: English
  • ISBN-10: 0674789954
  • ISBN-13: 978-0674789951
  • Product Dimensions: 6.1 x 1.6 x 9.2 inches
  • Shipping Weight: 2.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #520,752 in Books (See Top 100 in Books)

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Format: Paperback
Based on an examination of 600 companies in Britain, Germany, and the United States, this economic history explains the emergence and development of large industrial enterprises from the late 19th century until World War II. The book also shows how differences in geography, demographics, and institutions influenced the development of industrial enterprises in these three countries.

Author Alfred Chandler, who won a Pulitzer prize for a previous book in this field, argues that large-scale industrial enterprises were an organizational response to newly integrated national markets and new technologies for production and distribution. Railroads and national telegraph networks brought nations together and created large-scale markets, the first prerequisite for these large companies. Railroads also made important organizational innovations, as the first companies to employ upper, middle, and lower management, and the first to separate headquarters offices from specialized departments. In the United States, the railroads' immense capital requirements also led to the rise of New York as the second finance center after London. The second prerequisite for development of large industrial enterprises was new technology. In contrast to older, more labor-intensive industries, where growth occurred by scaling up existing processes, giant industrial companies arose by radically increasing the capital employed, improving production processes, integrating production processes within a single plant, or making better use of energy. Giant companies developed in new industries like petroleum, chemicals, sugar, vegetable and animal oils, metals, food and tobacco, and machinery.
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Prompt delivery, nice goods. Thanks.
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