USH 2.5 Entrepreneurs and Banking: The Evolution of Corporations NewsELA Article and Quiz 2 of 4
How did new technologies impact businesses after the Civil War?
New businesses sprung up to develop the advanced communication devices like the telephone.
• Innovative methods of producing and refining oil made it cheaper and more accessible to consumers.
Businesses could reach distant customers using new methods of transportation and communication
New materials and fuels enabled the mass production of private vehicles which created thousands of jobs.