Henry Ford and Entrepreneurship Term Paper Example | Topics and Well Written Essays - 2000 words

Henry Ford and Entrepreneurship - Term Paper Example In 1891, Ford was hired by the Edison Illuminating Company as an engineer from where he polished his skills later becoming a chief engineer in 1893. 1896 saw the birth of the Ford Quadricycle, a horseless carriage he had in mind. In 1898, he made his second car and it was more technologically advanced than the first one. At this point, he managed to share his initially blurred vision with the masses bringing them on board. This was despite the failures he encountered as it was a big risk trying to convince the business moguls of that time to pump capital into a business that had fallen not once but twice. However, the success of the racing cars baited more financial bankers who now wanted to be party to Ford’s success. The eve of June 16, 1903, marked a breakthrough for Ford with the incorporation of Ford Motor Company. This therefore marked and footnoted him as a force to reckon with. Over the years, scholars have come up with different entrepreneurship theories that entrepre neurs can be categorized. As much as the words entrepreneur and entrepreneurship are used interchangeably, what are their meanings? Van Praag (1999), Essai sur du commerce, in general, admits to Richard Cantillon being the first economic scholar to bring to light an entrepreneur as a pivotal in economics. Say (2001) describes an entrepreneur as the main agent of production in any economy. He further illustrates an entrepreneur as an input in the process of production hence a manager of the firm.

TEXTBOOK-Brinkley, American History, Connecting with the Past, Volume Essay - 2

TEXTBOOK-Brinkley, American History, Connecting with the Past, Volume II, McGraw Hill CHAPTER 15 - Essay Example Presidents Lincoln and Johnson were of varying opinions that the war was to restore the stateliness of the mess up states. Due to the challenges faced in this process, Lincoln employed the military to not only reconquer the states, but also to regain the status of these states. The treacherous citizens were pardoned in that case, and Lincoln made voters take the oath of Liberation Proclamation (445). Andrew Johnson, an ex- slave possessor was of a low opinion on the blacks and that they should hold the low positions in the society. In this case, Johnson planned to restore the South by proclaiming reprieve on certain classes in the society, those of high class (444). Nothing much maturated from the 13th amendment on abolishing slave trade. Later, the Congress was to design its own plan of reconstruction that touched on the 14th amendment. This amendment according to Brinkley defined citizenship, and was to allow the African Americans part of the state (421). The blacks were also protected from the interference from the state and advocated for reduced representation in the states with disfranchising future supporters. In regard to this amendment, the State and federal nationality for all persons was in simple terms reinstated in spite of an individual’s race either born or naturalized in USA (438). Analysts and researchers argue that the process of reconstruction would have been easier if President Johnson would have accepted the amendment’s measures. However, Johnson was of the opinion that the constitution and the white supremacy would be in subordinated. He, therefore, worked towards defeat of the southern states and establishing a radical Republican Party (415). Historians are justified in calling this period the darkest period of American History since the move by Johnson not only undermined human existence, but also deprived them the right to be at liberty like other humans. If I was in power, I would have definitely put in place