The Business Of Americ The President Of The 1920 S

Calvin Coolidge the President in the 1920’s, otherwise known as the roaring 20’s said that â€Å"the business of America is business.. It’s safe to say that â€Å"business† for the first 100 years of founding our country was small business. 90 percent of Americans had fewer than 20 employees, but the businesses in America had almost no choice but to be a small business, due to lack in transportation, marketing, and banks weren’t big enough to support big businesses at the moment. Americans though preferred it this way, because then, and as well as today the people believed that it cultivates character, and strengthens democracy. Small business is vital to the overall economic strength and security of this country. (Conte, 2008) In the late 1800’s is when small business values and beliefs would be tested with the growth of railroads, telegraphs. Machinery, steam engines, and the rapid population growth. People from the time currency was created to this day are power and money hungry. They want to capitalize, become larger, bigger without regard or worry. This took a hit to small business across our fairly new nation. If you look at the history of U.S. business then you can figure out that every business started small. Example would be Pittsburgh’s Carnegie Steel Company, now known as U.S. Steel. Now the largest steel producing corporation in the United States of America. (Conte, 2008) Modern small businesses are now advanced in every way possible, thanks to modern