AMST 1154 Lecture Notes - Lecture 15: Illegal Immigration, Monopoly, W. M. Keck Observatory
28 Mar 2017
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Document Summary
Meatpacking as a modern agricultural industry: still a jungle out there. Industrial model of agriculture: corporate farms, dependent on new technologies: equipment, fertilizers, herbicides, genetically modified supply, federally regulated. Meatpacking: slaughtering, processing, packaging & distribution of livestock, cattle, pigs, poultry, sheep. Modern history of meatpacking 1890s-1917 rise of big five in chicago: armor, swift, morris, wilson and cudahy: game changer: publication of the jungle,1906 exposing conditions and danger of meatpacking industry. Consequence: meatpackers fought back with series of articles, congress passed important legislation on june 30,1906. Pure food & drug act: forbade manufacture, transport, or sale of tainted foods or patent medicines, made provision for labeling of contents. Modern history of meatpacking 1890s-1917: rise of big five in chicago: armor, swift, morris, wilson and cudahy, control 55% of beef market by 1917, federal trade commission investigates of price fixing & orders breakup of trust . 1917-1970: era of competitive pricing, no one dominates the market.
