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Chicago Industrialist: Philip Danforth Armour. Chicago Industrialist: Gustavus Swift. Notice that. …the industrial age required wealthy men ( industrialists or “ captains of industry ”) to organize and manage businesses.
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Notice that.. • …the industrial age required wealthy men (industrialists or “captains of industry”) to organize and manage businesses. • …new inventions/technologies were developed to improve production and distribution of products. (Which inventions?) • …corporations used immigrant labor. Was it skilled or unskilled labor? • …some of the earliest big businesses processed goods coming from the West (which made Chicago an important city). • …new industries used manufacturing, mass production, and mechanization • …when mechanization wasn’t practical, they used division of labor as a technique to speed up production