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The Visible Hand: The Managerial Revolution in American Business

Alfred D. Chandler Jr.




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 | #553826 in eBooks |  1993-01-01 |  1993-01-01 | File type: PDF | PDF # 1

||0 of 0 people found the following review helpful.| Standard reference on the rise of large scale business|By Paul & DJ|Covers the transition from small firms run by individuals or partners to large business enterprises. Discusses the role railroads played, how the telegraph and later telephone improved communications, paving the way for large scale operations covering vast areas. Also gives historical information on the rise| |Chandler's book is a major contribution to economics, as well as to business history, because it provides powerful insights into the ways in which the imperatives of capitalism shaped at least one aspect of the business world―its tendency to grow into giant

The role of large-scale business enterprise—big business and its managers—during the formative years of modern capitalism (from the 1850s until the 1920s) is delineated in this pathmarking book. Alfred Chandler, Jr., the distinguished business historian, sets forth the reasons for the dominance of big business in American transportation, communications, and the central sectors of production and distribution.



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