How Do Businesses Grow?
Published on Nov 18, 2015
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PRESENTATION OUTLINE
Natural resources
Photo by Zach Dischner
Mining adds precious metals to the money supply
Specie- the gold or other metal backing the money supply
Photo by Claudio.Ar
Financing is available
A. Stock market
B. Commercial banks
C. Investors with capital
Capital- money for investment
Photo by kosmolaut
Communication improves
A. Telegraph
B. Telephone
C. Mail by railroad
Photo by cliff1066™
Electricity!
Photo by Keven Menard Photography
Patent system
Photo by BusinessSarah
Monopoly
One company dominates an entire industry
Photo by JD Hancock
Trust
More than one company work together to dominate an industry
Photo by Polybert49
Horizontal integration
Photo by tim caynes
Immigration provides a cheap workforce
Photo by Kheel Center, Cornell University
Laissez faire
Government adopts a "hands off" policy for social and economic issues
Photo by Gamma Man
Political Machines
Photo by Profound Whatever
Graft
Using political office for personal gain
Photo by StockMonkeys.com
