-
The Industrial Revolution
This was the beginning of the use of machines to manufacture products in America. Companies started to produce items using machines instead of manual labor. Companies could now produce products faster, cheaper, and more efficiently than before. -
The Entrepreneurial Era
The American people wanted to conduct business with minimal government interference. This is called a free market. American companies now had more freedom to conduct business and they could now lower prices on consumers because they made more profit due to the minimal amount of government interference. -
The Production Era
This era was started by Henry Ford when he began mass producing cars in his automobile company. American companies began using the scientific method to solve production issues. This helped companies mass produce products cheaply and more efficiently than before. -
The Marketing Era
This was the beginning of American companies' use of advertisements and commercials to appeal to consumers. American companies began making more profit and they got their products to more people. -
The Global Era
American companies began expanding to other countries so that they can sell their products overseas. They also began moving their production facilities overseas. This helped them establish good ties with other countries and they lowered production costs while making more profit by selling their products to people in other countries. -
The Information Era
This era was the beginning of the age of computers. American companies could now use the internet to help make their companies succeed. They could advertise online and set up websites where people could make purchases or find out more information about the company.
