The Chinese have a saying that goes ‘It’s easy to open a business but keeping it open is an art’. Every commercial endeavor springs up to satisfy a human want. Before money came along, people used the barter trade system where services or goods are exchanged for others. The barter trade system can be traced as far back as the prehistoric times. The evolution of business has been completely astounding from the 19th Century B.C. Assyrian Merchants to the 1602 A.D. Dutch East India Company as well as the multi-billion dollar companies that exist today.

 

The Commencement Of Multinational Companies

 

The Dutch East India Company is actually considered to be the first multinational corporation. Their business expanded to the rest of the world by establishing a monopoly in the niche for over the last 200 years. They mostly traded in colonial activities, mostly in Asia.

 

The Industrial Revolution

 

The years between 1700 and 1850 A.D. saw the start of the industrial revolution. It was marked with an unprecedented surge in the technology niche. It was actually one of the greatest revolutions in the business niche. The technology eruption basically brought about new business niches, such as mining, textiles, transport, agriculture, chemicals, medicine and much more.

 

After the Industrial Revolution, there was the rise of revolutionary and ambitious entrepreneurs who headed large enterprises. These include Henry Ford, John D Rockefeller, and Andrew Carnegie. These three industrialists jump started both local and international businesses in the 19th Century to what exists today. Andrew Carnegie of the Carnegie Steel business in Pittsburgh basically laid down the foundation for the superior standard of living that Americans enjoy today.

 

John Rockefeller, famous for making a big stride in the Petroleum Industry, followed in the same footsteps and changed business forever. Rockefeller was the first American to become a billionaire and is actually considered to be the richest man of that time. He was also a great philanthropist besides his commercial and financial commitments.

 

Finally, Henry Ford made a huge transformation for the Automobile Industry. He basically invented the mass production with the moving assembly line which allowed faster production of vehicles, at an average of 98 minutes. That allowed large groups of people to get as many inexpensive cars effortlessly, thereby raising the standard of living for many Americans. As a result, America became one of the leading economies of that time. He was also notable for introducing welfare capitalism earning him a popularity vote with the laborers and also a good international businessman.

 

Currently, the 21st century has sprouted new types of business niches with multinational corporations ruling the business niche. The unparalleled rise in technology has brought about e-commerce with the internet becoming the best source of profit for most people. Companies like Microsoft, Apple, Nike, Wal-Mart and many more have become the business leaders of the century. Today’s business might have been completely revolutionized with technology and much more but the principles identified by the three pioneers, Carnegie, Rockefeller, and Ford are still at the core of every business.

 

The Rise Of Small Businesses

 

Now that the internet is here, anybody can really grow a large business. People are growing multimillion dollar companies using social media sites and other internet sites. Businesses are growing rapidly without having a traditional brick and mortar building. Advertising is going from the radio and the television over to various online methods.

 

People are getting rich before they even hit 20 years old nowadays. The impossible is now possible. Pennsylvania businesses are starting to thrive even more with the new marketing strategies that are arising. You can check out some of the new marketing strategies in PA if you click here You can also start using your own marketing strategies by starting a YouTube page, a LinkedIn page, or even a Facebook Fan Page.

 

Tioga County will continue to grow all with the where the economy is going. There are a lot of gas lines up here and there are many ways to now market the local products our local businesses are promoting. Make sure you comment below with where you think business is going next. Also, share this post to your social media pages. Thanks.

Sweden built up the main changeless settlements close Philadelphia in 1643. Dutch troops vanquished the region in 1655 until England took control of it in 1664. In 1681, King Charles II allowed the land to William Penn. He named the district Sylvania, which means woods. “Penn” was included later by the King out of appreciation for William’s dad.

William Penn, a Quaker, wanted religious opportunity and self-government for all who got to be homesteaders of Pennsylvania. Not long after arriving, Penn marked settlements with the Native Americans and paid them for the land he was given. In 1682, he established the city of Philadelphia. Penn came back to England in 1684. A few clashes emerged in his nonappearance, and numerous progressions brought about Pennsylvania’s legislature.

Amid the late 1600s to the mid-1700s, numerous fights were battled amongst England and France, both of whom needed the place that is known for North America. The French and Indian War started in western Pennsylvania in 1754. One of the most exceedingly terrible fights happened close present-day Pittsburgh, where the vast majority of British General Edward Braddock’s troops were killed. Battling proceeded in Pennsylvania until 1758; the war finished with a British triumph in 1763.

To pay for the war with France, England constrained new charges and exchange confinements on the American states. The settlements joined together and declined to pay charges. The First Continental Congress met in Philadelphia on Sept. 5, 1774, and voted to stop all exchange with England. In 1775, George Washington was selected leader of the armed force and the Revolutionary War started. On July 4, 1776, the Declaration of Independence was embraced in the Pennsylvania State House (now Independence Hall) in Philadelphia.

English armed forces attacked Pennsylvania in Sept. 1777. George Washington’s troops were crushed a few times, starting with Battle of Brandywine Creek. England executed numerous Americans in the Paoli Massacre only outside of Philadelphia. They then crossed the Schuylkill River and caught Philadelphia on Sept. 26, 1777. Washington’s armed force drove an assault to drive them out of the city, however the assault fizzled. Washington drove his troops to adjacent Valley Forge, where they spent an exceptionally brutal winter and spring.

Huge numbers of the pioneers in the Luzerne County fled to a fortress close present-day Wilkes-Barre. Soon after Britain left Philadelphia in the late spring of 1778, a few British warriors and Indians attacked this little stronghold murdering around 66% of the pilgrims. This occurrence got to be known as the Wyoming Valley Massacre.

The Constitutional Convention met in Philadelphia in 1787. Pennsylvania turned into the second state to confirm the U.S. Constitution and joined the United States of America on Dec. 12, 1787. Philadelphia served as the new country’s capital from 1790 to 1800.

By 1860, the issue of servitude isolated the country. Numerous Pennsylvanians were pioneers of the abolitionist development, which helped slaves escape to opportunity. Pennsylvania sent 340,000 troops to battle for the Union. In 1863, the Battle of Gettysburg was one of the bloodiest fights in history furthermore a noteworthy defining moment in the Civil War.

Pennsylvania’s enterprises kept on extending and create taking after the Civil War. The state turned into a main maker of oil, bond, electrical hardware, and aluminum. In 1873, Pittsburgh set up the country’s first steel process. A large number of settlers hurried to Pennsylvania searching for work. Numerous work issues came about because of the substantial deluge in populace.

Amid the mid 1900s, Pennsylvania kept on flourishing. A significant part of the coal and steel for the United States was created in this state. Numerous vast modern organizations moved there. As the U.S. entered World War I in 1917, Pennsylvania provided boats, weapons, and steel to help fighters win the war.

As of late, state pioneers are endeavoring to extend and enhance Pennsylvania’s economy. More support is being given to instructive, budgetary, and benefit enterprises. Philadelphia and Pittsburgh have likewise created a considerable lot of their chronicled locales. This has made a huge number of new occupations and pulled in new speculations to these urban communities.