A significant factor that led to the development of large corporations in the early 1900s was that as technology improved, companies were able to produce goods on a larger scale. Advances in technology, such as the assembly line and new manufacturing processes, allowed businesses to increase their production efficiency, reduce costs, and expand their operations significantly. This scalability facilitated the growth of large corporations that dominated their respective industries during that period.
What was a factor that led to the development of large corporations in the early 1900s?
Labor unions were created to encourage government intervention in labor disputes.
Antitrust legislation was created to prevent monopolies and promote fair competition in business.
A nationwide strike by railroad workers resulted in violent clashes with law enforcement and National Guard troops.
As technology improved, companies were able to produce goods on a larger scale.
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