Assignment 7:
American aviation set a massive footprint on the growth of this technology worldwide. Economists with varying theories John Kenneth Galbraith in addition to Walt Whitman Rostow possessed theories and ideologies which illustrate the flaws in which brought this company down. Most notably however is the involvement both economists experienced in dealing with World War II, which as many know pushed aviation to new levels. Regardless of how the aforementioned corporation U.S. Airways met its demise, ground breaking steps took place due to the footwork of airline companies such as itself which either economist shared incite on.
The airline industry shares many similarities with John Kenneth Galbraith as well as Walt Whitman Rostow. The dawn of American air travel began with the Wright brothers, Orville and Wilbur on December 17, 1903. Not long after the birth of flight came John Kenneth Galbraith in 1908(Ritter,
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If either Walt Whitman Rostow as well as John Kenneth Galbraith’s stance on the economy existed as the sole option for the citizens of America, the nation’s potential for failure experiences a higher risk for failure. Balancing out Liberal in addition to Conservative economic conditions allows for a balance that benefits all, whether it be corporate or private citizens living in America.
Walt Whitman Rostow Theories on economy polarized on John Kenneth Galbraith by which his stance stood firmly on a conservative opposition. Favoring an economy based upon strong capitalism as well as the growth of corporations in a free market coincides with the expansion of American civil aviation. Corporations such as U.S. Airways prosper in the free market economy of the United States however, U.S. Airways no longer exists, so the growth of a corporation under principals strongly favored by Mr. Rostow not always equates to a winning