Business Strategies

The 1800's was a time of industrial growth and urbanization in the United States. New business strategies developed, and responses to those strategies varied. Two of those strategies and philosophies were Social Darwinism and monopolies. These strategies changed the way business was dealt and it impacted business and industry in big ways.
Social Darwinism was related to the theory of biological evolution that some individuals flourish and pass their traits along to the next generation, while other do not. …