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The Industrial Revolution
American workers began using machines to do work instead of manually doing the work. Thousands of products can be manufactured at a time using these machines. -
Vanderbilt
Vanderbilt created steam engines, railraods, and Grand Central Station in New York City. These made public transportation much easier. -
The Entrepreneurial Era
In this era, a "Free Market" economy was created. This type of economy let entrepreneurs run their businesses without too much interference from the government. Also, banks were made seperate from Europe in this era. -
The Production Era
Henry Ford creates his famous cars. Businesses start using scientific methods to determine various forms of production. -
Tractor
Benjamin Holt invents the tractor that helps farmers with their crops. -
IBM
IBM creates the computer hardware and software. -
The Marketing Era
Businesses use the tactic of aimig to satisfy the needs and wants of a customer. This creates profit and drives modern day merkets. Businesses begin to spend millions of dollars on ads. -
The Global Era
In this era, there were increases in communication, international trade, and moving capital. -
The Information Era
Computers and the internet let small businesses compete with much larger and successful brand names. -
Smart Phones
Smart phones are created to increase communications and social networking.