Week of January 24, Friday Lecture

I. Economic Growth

• Transportation Explosion: Railroads
  IMAGE: Railroad Expansion Map
  IMAGE: The Golden Spike
• Industrial Expansion
  IMAGE: Pittsburgh Steel Plant
  IMAGE: Bessemer Converter
• Agricultural Revolution
  IMAGE: Farm Mechanization
  IMAGE: Chicago Grain Elevators

II. Growth of Large Corporations

• Why Does This Happen?
• Tremendous Economic Turmoil
• Efforts to Limit Competition
• Two Roads to Giant Size: Vertical and Horizontal integration
• The Great Merger Movement
• Wall Street
• Mixed Record of Success
• The New Corporation and Consolidation

III. How Successful Were The New Corporations?

• Point of View of the New Corporate Giants
• The Health of the American Economy

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created: February 10, 2000
last updated: February 23, 2000

Copyright 2000, Mark Kornbluh