The roaring 1920s was an age of invention, job creation and factory production. Capitalism began to soar during this time period with the concept of upward mobility for the average person. A hard work ethic along with creative and independent thinking produced some of the greatest entrepreneurs this country had ever seen. Unlike the Rockefellers and Carnegies with their old world money, many of the entrepreneurs of the 1920s came from humble beginnings. The entrepreneurs discussed in these blog posts not only influenced business in the United States, but helped change the world as we know it today. These entrepreneurs had common traits of strong work ethics, curiosity, creative thinking and invention, lack of fear of failure, and humble beginnings, with most of their families immigrating to the United States with the hope of being able to offer their children a better life. Immigration to the US climbed to roughly nine million people by 1910. The positive business environment in the United States afforded numerous opportunities for immigrants. Two of the entrepreneurs examined in this blog, Thomas Edison and Henry Ford, were not simply great innovators in the 1920s, but are considered to be some of the best to ever exist; Edison and Ford were both placed on Investopedia’s “The 10 Greatest Entrepreneurs” list.
Sources
Beattie, Andrew. "The 10 Greatest Entrepreneurs." Investopedia. Investopedia US, 02 Aug. 2010. Web. 19 Apr. 2014.<http://www.investopedia.com/articles/financial-theory/10/the-10-greatest-entrepreneurs.asp>.
"Immigration in the Early 1900s." EyeWitness to History. 2000. Web. 19 Apr. 2014. <http://www.eyewitnesstohistory.com/snpim1.htm>.
Sources
Beattie, Andrew. "The 10 Greatest Entrepreneurs." Investopedia. Investopedia US, 02 Aug. 2010. Web. 19 Apr. 2014.<http://www.investopedia.com/articles/financial-theory/10/the-10-greatest-entrepreneurs.asp>.
"Immigration in the Early 1900s." EyeWitness to History. 2000. Web. 19 Apr. 2014. <http://www.eyewitnesstohistory.com/snpim1.htm>.