How were the new big businesses of the 1900s different from traditional companies?

The new big businesses of the 1900s, often characterized by large-scale operations and industrialization, differed from traditional companies in several key ways. They utilized advanced technologies, such as assembly lines and mechanization, to increase efficiency and production capacity. These businesses also adopted corporate structures that allowed for greater capital accumulation and risk-sharing, often resulting in monopolies or oligopolies. Additionally, they engaged in extensive marketing and distribution networks, which contrasted with the localized focus of traditional businesses.