1. Reasons for Rise in Big Business

2. Captains of Industry
Vanderbilt
Carnegie
Rockefeller

3. Immigrant Labor
Due to immigration, there was a larger availability of people ready to join the work force.

4. Lowered production costs
Assembly line:
Products made faster, cheaper, and more accessible to average consumer.

5. Faster transportation
New markets were created.
Trains reached small towns in addition to cities.

6. Easy access to materials and energy
Trains shipped raw materials and finished products.
Electricity ran machines more efficiently.

7. Inventions
Mechanization (e.g., the reaper) reduced farm labor needs and increased production.

8. Advertising More consumers = more profits. Creation of
mail order catalogs
and chain stores.

9. New ways to borrow money led to creation of new businesses.
Financial resources
New ways to borrow money led to creation of new businesses.
END.