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The economic history of the United States is about characteristics of and important developments in the economy of the U.S., from the colonial era to the present. The emphasis is on productivity and economic performance and how the economy was affected by new technologies, the change of size in economic sectors and the effects of legislation and government policy.
American business history is a history of business, entrepreneurship, and corporations, together with responses by consumers, critics, and government, in the United States from colonial times to the present. In broader context, it is a major part of the Economic history of the United States, but focuses on specific business enterprises.
The early technological and industrial development in the United States was facilitated by a unique confluence of geographical, social, and economic factors. The relative lack of workers kept U.S. wages generally higher than salaries in Europe and provided an incentive to mechanize some tasks.
The Bank of England refused to advance money, and it collapsed. The directors were sued, but exonerated from fraud. Friedrich Krupp. Germany. 1873. Steel, metals. Krupp's business over-expanded, and had to take a 30m Mark loan from the Preußische Bank, the Bank of Prussia . Danatbank. Germany.
Thomas Jefferson becomes the 3rd president of the United States on March 4, 1801. First Barbary War, 1801–1805. The Territory Northwest of the River Ohio is admitted to the Union as the State of Ohio (the 17th state) on March 1, 1803. The United States takes possession of the Louisiana Purchase, December 20, 1803.
t. e. In the United States from the late 18th and 19th centuries, the Industrial Revolution affected the U.S. economy, progressing it from manual labor, farm labor and handicraft work, to a greater degree of industrialization based on wage labor. There were many improvements in technology and manufacturing fundamentals with results that greatly ...
Business history is a historiographical field which examines the history of firms, business methods, government regulation and the effects of business on society. It also includes biographies of individual firms, executives , and entrepreneurs .
The National Labor Union (NLU), founded in 1866, was the first national labor federation in the United States. It was dissolved in 1872. The regional Order of the Knights of St. Crispin was founded in the northeast in 1867 and claimed 50,000 members by 1870, by far the largest union in the country.