Post-War Industrial Transformation: Corporate Models and Policy (1945–1970s)
Classified in Social sciences
Written on in
English with a size of 2.98 KB
Industry Maturity and Corporate Models (1945–1970s)
The industries of the Second Industrial Revolution reached full maturity during the 30 years following the Second World War. Big business grew in size and number, especially in the three largest European economies (Britain, France, and Germany). As in earlier periods, American firms were the largest.
- Large corporations were vertically integrated. For example, the automobile company Ford used to own a tire company, a glass company, a metal company, and distribution centers. All of these were related to car production.
A large body of literature focuses on the difference between the American model of enterprise (shareholder) and the European model of corporation (stakeholder). As we have seen,... Continue reading "Post-War Industrial Transformation: Corporate Models and Policy (1945–1970s)" »