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AGRICULTURE
PRINCIPLES OF BUSINESS HOMEWORK -
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INDUSTRIAL
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Industrial
Steam powered loom
The power loom was a steam-powered, mechanically operated version of a regular loom, an invention that combined threads to make cloth. the steam powered loom was in the industrial era because it was something invented by making things faster and easier to produce. It was in the stage of prosperity because it made production increase and had a low unempoyment rate. -
AGRICULTURE and INDUSTRIAL event
INVENTION OF THE COTTON GIN.
The cottion gin changed griculture because the need of harvesting cotton decreased and the products werre made faster by the cottin gin that was invented since it harvested the amount that 50 people would harvest individually. The cottin gin was in the business cycle of prosperity since production levels were high. I thought it was in this stage because since production of things were increase then theat ment it was prosperity. -
Agriculture
U.S. food canning industry established
The food canning industy belongs in this era because it helped farming become more needed because farmers sent the crops they harvested to get it canned and earned money for it. It is in the stage of prosperity because it helped the need of production grow. At one point in time it is in reccession because when it was winter farmers coudn't grow any crops. -
Agriculture
Grain Elvator
In 1842, the first grain elevator was built in Buffalo, NY. It was built by Joseph Dart, a Main Street retail merchant, at the foot of Commercial Street on the Buffalo Creek, in Buffalo. This belongs in this era because grains are a part of farming which is agriculture and it changed the way farmers got their grain. It is in the stage of prosperity because it helped get the grain faster. -
Production of services
Transcontinental railroad
This was in the production of services because it made it easier to deliveryour products to a different state. It is in the stage of prosperity because people were able to get the goods and products faster. -
Agriculture
Invention of first tractors
The first engine-powered farm tractors used steam and were introduced in 1868. It is in the agricultural era because it changed the way people did things. it is in the stage of prosperity because it made production in the agricultural. business grow faster. -
Industrail
Deisel engine
This engine belongs in this era because it was some what in the industrial revolution. It is in the stage of recessiom because it wasn't used at that point in time but as time went on it was needed for some inventions such as the car. -
Industrial
Model T Ford, Assembly Line
This was the first car invented. This belongs in this era because it helped people get around faster. It was in prosperity because it something people wanted to have so recieved good profit and had a high employment rate since took more than one person to build one. It also was in a higher demand so they needed more people to build multiple cars. -
Information Technology
calculator
It goes in this era because a calculator can help give information a like average and difference. It is in the stage of prosperity because people wanted something to do the math for them, so it was probalby a product on demand. -
Production of services
Grocery Stores
In 1926, a paradigm shift in grocery store science occurred. Clarence Saunders invented the self-service grocery store. The first Piggly Wiggly opened on September 9, 1926 in Memphis, Tennessee. Grocery stores belong in this era because they were an easier way to find the foods you need. Grocery stores are in the stage of prosperity because it is an easier profit for the owners since food is something everyone needs. -
Production of services
Great Depression
Historical Importance of the Great Depression: The Great Depression, an immense tragedy that placed millions of Americans out of work, was the beginning of government involvement in the economy and in society as a whole. It was in the stage of depression because there wasn't much production and there was a low employment rate. It is in production of services era because it was when the stock market crashed and the stock market is a service. -
Information technology
Computers
the first computers were built in 1946 at a post office in London. Computers were in the business stage of prosperity because they made it easier to do research and to write the research. It is in the Information technology era because it helped with getting the information done faster and opened more job oppertunities. -
Production of Services
better Schools
school is in the production of services era because it is a service to help kids or adults learn and get a good education. It is in the buisness cycle of prosperity because school was helping make kids get educated and that resulted in more jobs for other things and that made it easier to made a lot of production rates go up. -
Period: to
PRODUCTION OF SERVICES
1929-the great depression. -
Information technology
Transcontinental long distance call
These long distance calls were a part of Information technology because it helped the workers call if they needed something quickly or need to order something instead of a telegram. These phones were in the stage of prosperity because with the invention you didn't have to wait weeks for your telegram to travle back and forth all you had to do is dial a number and call. -
Period: to
INFORMATION TECHNOLOGY
