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Disadvantages of Industrial Expansion and Cen
largescale production 2324 Bigness fosters
4 other sections not shown
acquisition advantages Alfred Marshall Annals average big business big industry Borsodi Census cent centers Chain store commodity companies competition concentration concerns consolidation creasing Crowther decentralization decrease demand diminishing returns distribution duction dustry Econ Economics of Overhead economist efficiency electric power employees Encyclopaedia enterprise especially establishments expenses fact factory system fixed capital fixed costs Franz Glenn Frank greater Henry Ford herent higher ibid increase independent individual investment Irving Fisher italics J. M. Clark labor large-scale production law of diminishing leisure less machinery manufacturing means of production mergers Modern Economic ness nomic operation opinion organization Overhead Costs owners ownership plant profit proprietorships Rates of Earning reason reduce regard result retail scale production sion small producer smaller sole proprietorships standard Statistical sumers tend tion total sales Trade tralization trend unem units utilization variable costs volume of output wages Werner Sombart workers York