The first topic I would like to talk about is the inventing of new technology. Technology has always played a major role in human development and in the business world. In the late nineteenth century and the early twentieth century technology helped manufacturers produce more quantities of goods without spending too much on man power. The significance of this is it allowed more and more technology to be used in the work place making it easier for employers and employees to work efficiently and produce more goods. Today we see this, even if it’s more complicated than the technology used at the turn of the century. What would the work place be like without computers or even the simple telephone? Things wouldn’t get done as easily or efficiently as they do, even the simplest tasks. The second topic I would like to talk about is vertical and horizontal integration. Vertical integration is when a company owns other companies that take the raw product and make it into the finished product. A horizontal integration is when two rival companies who produce the same products merge to allow more excess to other markets. Why this is significant is because it set the standards to which companies even today use to do business and sell their products. Even though horizontal integration isn’t all that common in this day and age horizontal is most often used. One example is the merger of Nextel and Sprint; both make cell phones and have relatively great service options. But in order to open their products up more to the public it was best that they merge allowing more customers and even companies to use their service. Third I would like to talk about is the changing work place at the turn of the century. When corporations began to grow it opened doors for an abundance of jobs that many did not have before. But along with that it was heartache for many, with long hours and dangerous conditions and low pay it seemed to be more of a curse than a blessing. Children were forced to...