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?
Currently in the modern United States, the business environment and technological innovations have developed and improved immensely. The technological breakthroughs during the late 1800s and early 1900s were astounding. Businesses were creating new inventions such as the light bulb. This invention had the biggest impact on mankind because we have progressed to using electricity.
Technology has innovated at such a remarkable rate. New methods, ideas, and inventions were being introduced during this time.
Comparing today’s culture with the early 1900s, we can evaluate that we have progressed greatly. Back then America was being presented to new inventions and familiarizing itself on how to use them. However nowadays, we have many businesses that are primarily concerned with the environment and the economy. Another great example of an early 1900s invention that has revolutionized the U.S. is Henry Ford’s ‘Model T Ford’. It was the first affordable automobile of its time. It made transportation a lot faster.
A major weakness of US culture through history up to today is that millions of people have been unemployed and are