(1) The Industrial Revolution began in the eighteenth century and transformed the job of manager from owner-manager
to professional, salaried manager.
(2)Prior to industrialization, the United States was predominantly an agricultural society.
(3)The production of manufactured goods was still in the handicraft stage and consisted of household manufacturing,
small shops, and local mills.
(4)The inventions, machines, and processes of the Industrial Revolution transformed business and management.
(5)With the industrial innovations in factory-produced goods, transportation, and distribution, big business came into
being.
(6)New ideas and techniques were required for managing these large-scale corporate enterprises.