Rise of American Business in Early 20th Century
Introduction-Business at the turn of the Century: A little more than a hundred years earlier, United States was an isolated country and the attitude kept developing during that period. The Senate did not want to ratify the Versailles Peace Treaty that ended the First World War and went to an extent that the country did not even join the League of Nations. Free migration into the country that existed earlier was stopped, business tariffs for imports were increased, and migration from Asia was practically stopped. Yet, the country had some special capabilities and one of that were the regularities in the modes of production in the country. The production in America made simpler and rougher goods, used much less of skilled labor since machines and organizations succeeded in taking over a lot of their responsibilities. (Delong 1997) Thus some methods of American business had been developed even before the start of the twentieth century and this may have given the country the lead. It is difficult to ascribe to any particular reason the changes that took place in the American economy during the period before the Second World War America was not one of the leaders of the Western World then as can be seen
It is clear that after the Second World War, the International position of the American economy was viewed differently by the powerful bureaucrats and politicians within the country. There was the history of two major wars, stated by other countries, which were not resolved without the interference of America, though the entire course of wars was fought on other continents. This helped America as her countryside and people were not directly ravaged. The situation was seen clearly in Germany which had lost a lot of its able-bodied men as did France. This had led to those countries allowing a large number of immigrants to come in and some problems for this are being seen in France today. Even during the balance of the twentieth century when Soviet Union collapsed, the sufferings were more directly seen in Russia and other countries. The entire planning of America also reflected this attitude and new organizations like CIA were developed to deal with educationists and others. (Arndt 2005) This shows clearly a feeling that mistakes in the area of political and social thoughts were felt to be possible to resolve through plans. Thus when America got into some wars like those in Vietnam, Korea and Iraq; the people and the culture of the country could not adjust to the losses for a long time. The realization of the fact that the war was lost took some time to sink in. At the same time, it should also be understood that for all these wars, there have been allegations that business was interested in starting some of them. from the fact that both the World Wars were started by European countries and fought for quite some time by those countries, and America only entered the conflict when it was felt that the tradition of democracy was about to be lost. Yet, there were presidents like Hoover who felt that decline of economy was hurting the American labor. This view had also been taken in 1917 when the government had decided to nationalize the single largest of American industries at that time - the railroads. (Vedder 1997)
Some common words found in the essay are:
Domestic Economy, Swope Electric, Hospital Supply, War International, Industrial Growth, Nations Free, American Labor, Business Industries, World War, World Wars, world war, war production, twentieth century, delong 1997, start twentieth century, tradition continues, american business, stock market, war major, country started, vedder 1997,
Approximate Word count = 1909
Approximate Pages = 8 (250 words per page double spaced)
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