Preston Tucker Essay | Essay

This student essay consists of approximately 2 pages of analysis of Tucker and Monopolistic Competition.

Preston Tucker Essay | Essay

This student essay consists of approximately 2 pages of analysis of Tucker and Monopolistic Competition.
This section contains 321 words
(approx. 2 pages at 300 words per page)

Tucker and Monopolistic Competition

Summary: Explores the life and dreams of businessman and would be automaker Tucker Preston. Describes him as a man with an economic dream which displays an excellent example of monopolistic competition in the 1940's.
In the forties, a man named Tucker Preston tried to fulfill one of his dreams. He wanted to build a "wonder car" for the American people. Unfortunately for poor Tucker, there were already a few people succeeding in that already, and they wanted to make it very difficult for him to go forth with it, however, he appeared on the scene and shook the world with his personality, charm, and big aspirations.

Tucker tried so hard to succeed in this, he went to such extremes, yet almost everything failed him along the way. Because of three companies named Studebaker, Packard, and Hudson, Tucker had trouble getting the materials he needed, and he was pushed down from the start. He rose above all that, though, and won the peoples hearts with his promises to build the perfect car. Trying to live up to those expectations he built for himself was very difficult. Taking out several loans from family and whatnot, he build a poorly engineered car that didn't even go into reverse, just to model it for the people. He went on to fix the problems and make other cars, yet things just weren't working out financially as well as legally for Preston. He ended up being pushed out of the business eventually, for what some people consider a "decision made by the Big Three."

Tucker had such an incredible dream, yet such an interesting history. Even though he really attempted to do the best, he ended up coming out last in this competitive market. I believe that his failure was due to pressure and difficulties made by Studebaker, Packard, and Hudson, yet some people disagree. However, it shows us an excellent example of the wonders of the economy and big businesses.

www.fee.org/vnews.php"nid=2002

home1.gte.net/res0k62m/other.htm

Tucker--The Man and His Dream MOVIE

"The Fantastic Story of the Tucker Car," Collier's

This section contains 321 words
(approx. 2 pages at 300 words per page)
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