History

Question

what happened to fitch's steamboat business

2 Answer

  • after a battle with James Rumsey, who had also invented a steam-powered boat. The newly created federal Patent Commission did not award the broad monopoly patent that Fitch had asked for, but rather a patent of the modern kind, for the new design of Fitch's steamboat.
  • Answer:

    The first Steamboat built in the United States was made in 1787 by American engineer John Fitch, who was also an entrepreneur, he ran the first steamboat service in the U.S. displaying the potential of steam navigation in America, and although a successful begining, yet due to a combination of pessimistic investors, high expenses from his innovations, new engine models, ideas and patents, his businesss failed and collapsed, but his legacy will be remembered.

    Explanation:

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