The Role Of Businesses In The Second Industrial Revolution

126 Words1 Page
What was different about businesses in the Second Industrial Revolution? Before the Second Industrial Revolution most business owners were hands on with their businesses. With the industries booming owners started to hire people to manage their companies. Entrepreneurs wanted to turn their companies into big corporations to get influence over the market. When corporations get control over the market they are able to price things at what they want to sell them for and not have to worry about competition. What role did the government play with businesses during this time? The government wasn’t hands on at the beginning of the Second Industrial Revolution. They wanted to run a free market economy without influence from the government. Eventually
Open Document