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Modern big business began in the late 19th century, particularly during the Industrial Revolution, which spurred significant advancements in technology and manufacturing. Key developments, such as the rise of railroads, the establishment of large corporations, and the advent of new management practices, transformed the economic landscape. This era saw the emergence of influential figures like John D. Rockefeller and Andrew Carnegie, who helped shape the structure and scale of modern enterprise. By the early 20th century, big business had firmly established itself as a dominant force in the economy.

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