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Tucker and His Dream

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Tucker: The Man and His Dream

Introduction

Tucker: The Man and His Dream is about a dynamic and enthusiast engineer and showman named Preston Tucker who has been interested in the production of cars since a young boy. Preston has made his stake by designing and building armored military vehicles during world war two. It is only after the war that he envisions the car of the future, the Tucker Torpedo. Building the Torpedo in 1948 with his brand new factory, Preston Tucker faced many overwhelming challenges with production of his dream. We discuss in this report the many economic challenges and decisions Preston Tucker needs to make his dream happen. These events in sequences throughout the movie allow us to examine economic concepts that we can relate to microeconomics.
Oligopoly

Preston Tucker in the 1940’s who is an entrepreneur and proven engineer comes up with the design of a new car that will change the future of automobiles. Before the Torpedo can be produced, Preston Tucker needs to get money to open a factory and start the making of this brand new car. Once he has the Tucker factory running he must make up the first Tucker Torpedo to showcase for everyone to see. In Detroit at the time there was three major car producers who ran the automobile industry. These three companies were not too thrilled to hear about the Tucker Torpedo being developed as the future of automobiles with more safety to offer than their automobiles. The three companies did not want to compete against Tucker and made a plan to get rid of him. It really shows in the movie how misleading information and political power can ruin a company and lead it out of business. This kind of demonstration in the movie really relates to oligopoly and how big companies can make it really hard for smaller companies to gain entry to the market and compete with them in turn.

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