Entrepreneurs of the 1920s

Three main entrepreneurs of the 1920s were Alfred Sloan, the die of GM, Henry Ford, the founder of Ford Vehicles, and Richard Sears, the founders of the department store, Sears. Richard Sears started out his business as postal service do catalogues but headstrong to expand and have developed stores where people would be able to come in and shop. Richards Sears started first step his retail outlets in 1925 and the stores turned out to be a great success, as Sears department stores are stable in existence forthwith. Another example of entrepreneurs who started to progress in their businesses more or less that same time were Alfred Sloan and Henry Ford. Alfred Sloan at that time decided to decentralize his business, which was an important decision that many businesses today still use. Henry Ford did not make the same excerpt to decentralize as well though. Ford however, did contribute in some way which was his procedures on assembling his fomites. Instead of having his cars assembled in at different places for different parts, he had the entire vehicle assemble at the same line, which gave way to higher productiveness for the business. Both companies had an influence on the automobile industry and in any case set the stage for Americas consumer society on credit.

This era during the early 1920s that set the stage for todays businesses was call the progressive era. As for the role of disposal at this time, Theodore Roosevelt who was the president, treasured to implement laws for the interest of the general commonplace which meant more restrictions for monopolizing businesses. He wanted to regulate business and nonpareil of the ways he did so, was through the Sherman Antitrust Act. He wanted to enhance executive power of the government in order to safeguard public interest. Hollywood also had a progress to in the mass consumption society that America was evolving into at that time. People wanted to be just like the impression stars, and celebrities, such as being able to live the smell that these famous... If you want to get a full essay, order it on our website: Orderessay

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