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1813 The Boston
1813 The Boston Manufacturing Co. was founded -
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evolution of business in the U.S.
Small banking corporations existed in the first years after the American Revolution. However, most historians note that the first industrial corporation was the Boston Manufacturing Co. in 1813. Its business model was imported from Great Britain, where textile corporations helped spark the Industrial Revolution.
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Latter Half of 19th Century 1863-1900
The "Gilded Age" refers to the latter half of the 19th century in the United States, roughly spanning from the end of the Civil War (around 1865) until the early 1900s -
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1912-2006
Milton Friedman U.S. only promoted free major markets and is powernot credited with the devastated concept of moder by WWIl currency markets, unregulated and unpegged to precious metals standards -
Period: to
turn of 20th century
industrial of antitrust legislation -
stock market crash of 1929
The stock market crash of 1929 was caused by a number of factors, including speculation, bank loans, and the Federal Reserve's tightening of credit. The crash led to the Great Depression. -
Period: to
1990s-2000
1990s-2000s Loss of billions of dollars caused by financial scandals, like Freddie Mac and AIG -
1945-1980 American corporations
From 1945 to 1980, American corporations grew significantly without major domestic competition -
1980s-1990s
1980s-1990s Challenged by multinational Japanese and German corporations