The industrial revolution altered big business at the end of the nineteenth century. The industrial revolution simplified the manufacturing process for businesses.
What business structure became prevalent after the Civil War that allowed the raising of capital while limiting shareholder liability?
However, following the Civil War, the corporation—using new state incorporation laws enacted during the Market Revolution of the early nineteenth century—became a recognized legal entity that allowed almost any enterprise to mobilize significant amounts of capital while limiting shareholder liability.
Which facts about industry in the United States at the end of the nineteenth century are reflected in the map?
Rivers were no longer necessary for the transportation of raw materials and finished items by industries. The area surrounding the Great Lakes served as the second industrial revolution's nucleus.
What helped American industry grow in the second half of the nineteenth century?
The nation expanded along with industrial growth, which was aided by favorable government policies for business and by the development of new energy sources.
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