When I was thinking of “History of Business Enterprise” I was expecting a class completely focused on the historic figures who crafted the policies of the American economy. As an International Student here in the US, I didn’t have a lot of knowledge on the history of capitalism in America and I was assuming it would be heavy on the dates and processes and changes. But this class was more than that.
I had the opportunity to learn how power was gained, used and transferred in the American business enterprise, how Slavery played a big role in shaping capitalism, and even how different colonies in different areas in the United States harvested different goods, from crops to animal fur. Also, how since the beginning of America, the rich kept getting richer, and poor got poorer, which is still prevalent in today’s society. It was also interesting to learn about the introduction of technology in the United States and how it influenced and brought about a whole new era in American Economy and Business.
This course provided good insight in seeing American History from an economic perspective. I’ve learnt the different policies they had at different times in history and the challenges and solutions that came about as the United States rose to become a global economic powerhouse. I believe it is important to learn about the History of America from a Business and Economic perspective as it helps one understand why America is the way it is now, and how it came to be. Decisions made by business leaders, government leaders, and people at the time play a significant role in shaping the US to what it is today, and this can help us make sense of policies and laws set today, and the ones to come.
Thank you for a thoughtful post.