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?

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11-05-2018
History

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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?

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Dante117 Dante117 · Answer 1 · 2018-05-13T13:20:41+02:00

1. There are some similarities between the US technological development of 1800s and 1900s to its development now, both in business environments and the technological innovation. At that time US was undergoing the Industrial Revolution and now it is leading the IT Revolution. The US than and now is producing high-tech products that are of high quality and are cutting edge. These products are also in many cases available to the general public. From Tesla and electric cars to Apple and Microsoft leading the computer sector, US stands as one of the technological leaders in the world. New start-ups and business models are also being developed that are ushering a new era of corporations.

2. The strengths of the US culture of innovation is that they are always striving for better, more efficient and affordable products. This spirit of innovation has helped US stay the economic and technological giant it is today. On the other hands is that the progress often forgets it creators. The workers can end up with the short end of the stick, with bad pay or working conditions in order to maximize the profits. Also the laws sometimes cannot keep the pace with level of innovation.