19th
Century Business & Industry Reprise:
Previous presenters:
Jessica Hall, Scott Reid, Will Wacholz
The presentation that caught my
attention specifically was the 19th century Industry. Aspects that pull
me toward this assertion revolve around the fact that the group was thoroughly prepared.
For instance, the presentation was well laid out, in a quantified and easy to
follow manner. Secondly, the presenters knew what they were talking about, and
what they were saying held meaning (instead of incoherent ramblings that purvey
no information). As well, the presentation was more engaging and personable
because the speakers were not staring at the computer/projection screen and
reading the text word for word.
Nonetheless, for my expansion
on a 19th century theme…
·
The Krupp family:
o
A prominent German
family notably famous for production in steel and armaments
o
Friedrich Krupp
started steel foundry, Essen 1810.
§ Invested in new technologies and became
significant manufacturer of steel rollers and railway parts.
§ Invested in technologies necessary for the
Bessemer process.
§ Acquired land/mines in Germany and France.
o
Company evolved and
began to make steel cannons in 1840’s for various armies. This led to the
company delving further into military technologies.
§ By 1880, weapons were 50% of the company’s
output.
§ Around this time the company had expanded from
5 workers to 20,000.
o
The company kept
leadership within the family name after death of founder and was replaced by
Gustav Krupp von Bohlen und Halbach.
o
A few decades later,
Adolf Hitler came to power and the Krupp works became the center for Germany
military armament.
§ Responsible for Panzer tanks & many German
U-boats.
o
After war, Krupp was
put on trial for slave labor/ war criminal charges. However, he came to hold the
company after release from prison.
o
The Krupp Corporation merged
with Thyssen AG in 1999 and became Germany’s 5th largest firm & leading
steel producer for the world.
Reference:
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