Tuesday, March 10, 2020

Entrepreneurial Adventure essays

Entrepreneurial Adventure essays The Development of Economics in The United States Capitalism came in the first ships. The United States was a nation of development. It was a nation of growth and of innovation. From the signing of the Declaration of Independence, to the end of World War II and so forth, complex dilemmas called for complex solutions and complex solutions called for innovation. While, many aspects of American Culture were built and perfected throughout the developmental years, none was more influential or powerful than the forming of the American Economic System. The history of economics in the United States can, most appropriately, be divided into two main sub-sections of development: technology and thought. Where between the introductions of the Constitution in 1787 up until around 1880, the only way for the ever-expanding nation to keep on top of its growth was to develop the most sophisticated network of communication and transportation, tying the nation together and maintaining the closeness that no other country had ever had before. The prosperous nation of freedom and liberty was fueled by growth-socially, geographically, and most importantly, technologically. The period of time between the introduction of the Constitution (1787) and the last period of Reconstruction (1877) was one of the most innovative and influential periods in American history. As the country developed during these times, its economic system was molded and formed to the supposed best that it could be. Built on imitations and variances of existing nations economies, it became what was to be the cornerstone for modern day international capitalist economy. What made the United States the primary benefactor was its peoples almost universal ambition to get forward, thus creating the need for the technological innovations and sociological revolutions which became the building blocks of modern day economics (Taylor, 4). With new ...