Week 2-Evolution of Business Presentation-(Christopher Farris)

Week 2-Evolution of Business Presentation-(Christopher Farris)

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Unformatted text preview: Evolution of Business Past, Present, Click to edit Master subtitle style and Future 7/9/10 Feudalism • Feudalism • Middle Ages (A.D. 500-1500) • Profitable Landowners • Hundred Years War 7/9/10 Mercantilism • Mercantilism • Merchants • International Trading • Merchant Profits 7/9/10 Mercantilism • Bankers • Magna Carta Crafts People • • Craft Guild 7/9/10 Capitalism • Capitalism • Capitalist Trade Union • • Class System 7/9/10 Capitalism {BF374B84-A569-4ED4-831A-961F86916843} {A4EA751A-EDD0-4613-9841-83AA73E97383} {A868A630-383A-460D-B27E-6B19B3895BDD} {51101C3A-9D29-4944-B2C8-A787410CE694} • Upper Class Middle Class Lower Class • • • Upper MiddleLower Middle Class Class Working Class / Proletaria Upper Class Proletariat 7/9/10 Commerce • Why Barter Barter to Money • • Profitability of Trade • Caveat Emptor 7/9/10 Commerce • Money to Capital Increased Wealth • • Interest Rates • Risk 7/9/10 Property Rights & Hierarchy • Property Rights • Monarchs Aristocracy • • Landless 7/9/10 Property Rights • Land Labor Enterprise Capital Land • {91A1DAEB-AB26-4D46-A92E-D4F470CD7D30} • Enterprise Capital {17F84A68-D9A5-420C-A3B3-C39CEB97FC9E} Property Rights • Labor 7/9/10 Industrial Revolution • Industrial Revolution • Emergence of the Steam Engine • Farming and Manufacturing • Innovation 7/9/10 References • Jones. (2007) Intro To Business. The Evolution of Business. The McGrawHill Company. • Alfred D. Chandler, Jr., The Visible Hand: The Managerial Revolution in American Business (1977); Peter Mathias, The First Industrial Nation: An Economic History of Britain, 2nd ed. (1983). Retrieved on March 3, 2010 from website:http://www.history.com/topics/industrialrevolution 7/9/10 ...
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Week 2-Evolution of Business Presentation-(Christopher Farris)

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