Why would a thing or place be named for that person?

Answer 1

Very often, a place is named for the person or family that first settles in that place or a first business that is established in that place. As more people settle around that person, family, or business, the place becomes a village, a town, then a city and the name remains. In the US, many places are named in remembrance of the place that the first settlers came from or the native people or native names for that place.

Things are named for a hundred different reasons. The Ford motor car was called a Ford because Henry Ford named it himself. Morse code was named for the man that developed it; the first airplanes were called Wright flyers. Many large buildings are named by the person who builds or owns the building, like Trump Tower. Many roads, streets, highways, bridges, ships, parks, and schools are given the name of a person to honor that person.