HIST113 Study Guide - Final Guide: Timothy Eaton, Stelco, Big Business
16 Oct 2011
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Document Summary
Scientific development (new technologies: refining and extracting mineral, machinery larger-scale production. Growth of canada from sea to sea. New forms of corporate organization: processing, manufacturing, marketing (starts to encompass everything, allow companies to compete on larger scale/in larger markets (more diversity) resources extraction manufacturing. Introduction of the assembly line: marketing and advertising techniques also developing, divided into smaller group/divisions/departments, new form of management, larger labor force, human resources communication. Begin to amalgamate: need to be done in a very large scale, need large customer base to achieve efficiency. Significant change in distribution and sale of goods: larger stores. Acts as wholesalers and manufacturers: result: high volume (wide range of goods), low prices, cash payments, hbc becomes a retail giant. Growth of cities: population growth & urbanization. People are transformed from a producer to a consumer. Improvements in transportation & communication: allow them to work in one (communicate between branches/divisions) Irish, limited education, immigrated to canada, store owners.
