Examination 1 for Intro to Business

BUS 100

2/20/2013

Examination 1( CH1-6)

I have a philosophy and it’s to work together with rich poor and religious people so in later generations we have made a path for them and its to work together for a better world and to look out for each other, for that to happen we first have to work together and help the economy globally and grow our ethics better so we can eliminate bribery and corruption as much as possible because it’s the root of evil.

Productivity with business in the United States has gone up so much that they need fewer workers than ever to produce goods. Therefore, this is a problem and it’s due to the innovation of new technologies leaving skilled people unemployed however should this be a concern to common people. Lets

trace the evolution of American Business first, we have to think agricultural industry

was the back bone(founding father) of this empire now called the United States, During the early 1800 s provided domestically and much of the world, however new innovations came such as the harvester , cotton gin and modern improvements on such machines made large farming more efficient. That same efficiency dropped the number of Farmers needed, leaving one third of employees unemployed, this loss or efficacy however only shows that U.S. agricultural workers are the most productive in the world. Those farmers left unemployed had to seek new ways of making their income and most went to work in factories and industrial fields. Once Again the trend pushed the industrial era to Service era where the demand in law, health, telecommunications, entertainment and finance grew. Nonetheless, things are being changed at an incredible rate, now service sector is coming to a close and we are moving forward to a information based global Change. Notice how the trend is only based with innovation leaving people unemployed and creating productivity so vast, this will have implication for most of the population leaving more people unemployed...