Question

During the early 1800s and late 1900s, the United States underwent huge economic and technological changes. The development of a society that relied on free enterprise and innovation led to new inventions and increasingly efficient businesses. These changes helped make the United States one of the world’s strongest economies and industrial centers. From Thomas Edison’s light bulb to Henry Ford’s affordable automobiles to Frederick Taylor’s time-study analysis, US innovations influenced business, industry, and technology in the United States throughout the 1900s and into the present. How does the business environment and technological innovation in the modern United States resemble the United States during the late 1800s and early 1900s? What are the strengths and weaknesses of the US culture of innovation throughout history and today?

Answer 1

The business environment and technological innovation in the modern United States resembles that of the late 1800s and early 1900s in several ways. One of the main reasons why the 1800s saw such innovation was because of the use of coal to power the process of industrialization. Nowadays, coal is not as common, but we are exploring new sources of energy that might allow us to change the country in similar ways. It was also a time of technological innovation that occurred in certain hubs all over the country. Those resemble the technological boom that has been led by companies such as Face.book, A.pple, Goo.gle and A.mazon.

The strengths of the US culture of innovation is that it has given us some of the most important inventions of modern times, along with some of the most important inventors. These discoveries have revolutionized the world. However, some of the weaknesses are the fact that this has often led to significant economic inequality and that this has often required very relaxed laws which give businesses and corporations too much power.

Answer 2

Well during the early 1900´s the United States were undergoing The Great Depression which was a hard time for america but with the technological innovations and the business environment starting to flourish it more than likely helped America come out of that time period and become one of the most productive countries that we are today. The strengths of the innovations today are that thery´re really changing and shaping the future of tomorrow and the future of the young people coming up, but the weakness would be that we become in debt with other countries because of the demand for these innovations....