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Individual/family had excess goods which they traded/sold to others.
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Machinery became a major part of the process of producing materials and goods.
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This is when businesses were being run with different government supervision. But increased regulation/employee protection. (unions)
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The Assembly line became the standard of efficiency and is still a vital link to profit in many companies today.
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Marketing became the method by which new customers were introduced to products in an appealing fashion to increase sales. It also began the credit method of selling products.
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As transportation and communication became more efficient globally goods from one country were more readily available to other countries. This created different types of problems due to different wages worldwide.
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Technology has increased to the point where communications, financial transactions, and other activities are instantaneous due to the use of the technology globally. This is creating an increased market with associated increased issues.