Many of the Germans who came to the United States in the nineteenth century were entrepreneurs, some in the more mundane sense of owning their own businesses, others in the more exciting sense of being innovators within various business sectors. Germans also appear to have been more likely to engage in entrepreneurial activities on a scale large enough to require the formation of corporations. That hypothesis stems from the analysis of a database of the names of several hundred thousand incorporators, people (mostly men) who helped for-profit businesses to receive special charters granted by state legislatures across the United States between 1790 and 1861.
https://immigrantentrepreneurship.org/entry.php?rec=197%20
The era from 1840 to 1893 was a momentous one both for German-American immigration and for U.S. industrialization, so it bears examining to what extent the two developments were interrelated. This essay will first sketch out the contours of German immigration and American industrialization in this era. It then identifies areas of the U.S. economy where Germans were particularly concentrated, and examines the industrial and geographic niches where transatlantic connections were of greatest consequence. Shifting focus from global to individual patterns, it then explores what was German and what was American about German-American entrepreneurship in the mid- and late nineteenth century.
--Irrespective of politics countries can follow same policies to do well. Americans copied reforms of the Prussians (they were not democrats) to start development boom. They benefitted from foreign investments-those imperialist British financiers through the 19th century. But they used the German brains and skills developed under Prussians.British were left behind by the Prissians and Americans becaur they were too elitist.Even the wool industry British developed was by creating large landlords and displacing peansant farmers who were self governiong .The Enclosure Movement displaced those who used town meeting form of self govt used by the descendents of the Germanics in England. Some of the displaced came to New England-that is why it has the town meeting form of self govt. By the way this remains main way of local govt in Switzerland- which also had Germanic migrants. Germanics were of Nordic origin.On Wednesday, May 24, 2023 at 06:36:06 AM GMT+5, Chas Freeman via Salon <salon@listserve.com> wrote:
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