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- 2015-6-27
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- 1970-1-1
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• Transportation :pace and course of business growth in USA
○ Early system +
○ Railroad ++ : dwarf others
§ Business administration & land value
§ Growth of city
□ e.g. Atlanta
§ Outlet for savings
□ First investment banker
® New business organization
◊ Pool & consolidation
® Highway : 1st form regulated by gov
§ Jobs
□ Largest employes
□ Other jobs
® e.g. PPCC & WABC
® PPCC in 1909 :8th largest
○ Railroad to 1850-1915 = auto industry to today
§ Difference : no one dominated as Ford & GM
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