This book is a major contribution to economics as well as to business history. Introduction: The Visible Hand, The Traditional Processes of Production and Distribution, The Traditional Enterprise in Commerce, The Traditional Enterprise in Production, The Revolution in Transportation and Communication, The Railroads: The First Modern Business Enterprises 1850s-1860s, Railroad Cooperation and Competition 1870s-1880s, System Building 1880s-1900s, Completing the Infrastructure, The Revolution in Distribution and Production, Mail Distribution, Mass Production, The Integration of Mass Production with Mass Distribution, The Coming of the Modern Industrial Corporation, Integration by the Way of Merger, Integration Completed, The Management and Growth of Modern Industrial Enterprise, Middle Management: Function and Structure, Top Management: Function and Structure, The Maturing of Modern Business Enterprise, Conclusion: The Managerial Revolution in American Business, Appendixes, Note, Index.