If the product is successful in the market you gain the economic profit and if the prodct fails you lose your investment.
Statler, Hilton, Ritz
They didn't cost much to build
Modern technology was the main problem
Babre wire repperse and iron plows
Albert G. Spalding, the man often misidentified as the inventor of baseball, was actually one of the pioneers of the sporting goods industry.
Hi dont now!!
irrigation, horse power, steel forging
"Industry" officially became the State Motto on March 4, l959. "Industry is associated with the symbol of the beehive. The early pioneers had few material resources at their disposal and therefore had to rely on their own "industry" to survive.
pioneers'
I don't think it was the cattle trails themselves that changed the industry, it was more or less the building of the railroads, more pioneers taking over the land, and barbed wire that changed the cattle industry as a whole.
pioneers of what
Germans contributed in many areas, but early German settlers were pioneers in the Australian wine industry especially around Barossa Valley in SA.how did the germans victory in france-prussian show them how important