Heinz and prepackaged food.
Henry Ford and initiation of automobile industry.
Emergence of fast food and McDonalds.
Single organization to organization/corporation.
Business becoming part of new lifestyle, in Europe especially.
Defined various skills and features of entrepreneur.
Claims that entrepreneur has a 'creative destruction innovation' by replacing destroying an existing economy by a better, advance one.
Expansion of railroads and shipping, cargo, transport which helps in the growth in commerce.
17th Century
18th Century
19th Century
20th Century
1991
38% of all American business owned by women
Creation of Coca Cola
Added entrepreneur bears risk as a part of work definition.
1972
4% of all American business owned by women
Timeline of Entrepreneurship