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15th Amendment Ratified
African Americans Gain Right to vote women still not allowed to vote. -
Levi Strauss & Co. Sell its First pair of Riveted Blue Jeans
Levi Strauss starts a revolution in the clothing industry, creating a huge market for other companies to take advantage of. -
Jim Crow Laws Enacted in Tennesee, Federal Government Steps in...
- Federal troops sent to Vicksburg to protect Blacks
- Civil Rights Act passed
- 44th Congress has eight Black members
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Alexander Graham Bell Recieves first telephone patent
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Bell Telephone Company is Formed
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Kodak Camera Appears on the Market
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General Electric is formed
One of the most prolific American businesses is formed through the merger of Thomas Edison's Edison General Electric and Thomson-Houston -
Milton Hershey Sells his first milk chocolate bars
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Olds Motor Vehicle Company is started by Ransom E. Olds
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Caleb Bradham invents Pepsi-Cola
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Bell changes his company name to American Telephone & Telegraph (AT&T)
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Period: to
Business Timeline
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J. P. Morgan forms the United States Steel Corporation
J.P. Morgan combined ten separate companies, including Carnegie Steel, to form US Steel. -
Ford Motor Company is founded
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David B. Buick founds the Buick Motor Company
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The Warner brothers show their first film
Warner Brothers showed their first film at their home in Youngstown, Ohio -
The Jungle by Upton Sinclair is published
Written about poverty and the struggles immigrants faced in society, The Jungle also portrayed the many flaws and hazards in the meatpacking industry which influenced many new regulations in factories in the United States. -
European Immigration to America Peaks
In 1907, 1,285,349 people immigrated to the United States. These immigrants greatly contributed to the workforce and increased job market competition. -
Ford Model T is introduced
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General Motors Corporation is formed
General Motor, one of the worlds largest corporations, incorporated the Buick Motor Company and the Olds Motor Vehicle Company. -
Frederick Taylor's 'scientific management' theory accepted
Also called taylorism, this theory of managment analyzed and combined workflow steps. Its main objective was to improve economic efficiency, especially labor productivity. -
Supreme Court Orders Breakup of Standard Oil
Following many anti-monopoly legislations prior, the Supreme Court of the United States ruled that Standard Oil be dissolved under the Sherman Antitrust Act and split into 33 companies. Two of these companies were Jersey Standard ("Standard Oil Company of New Jersey"), which eventually became Exxon, and Socony ("Standard Oil Company of New York"), which eventually became Mobil. -
Federal Reserve is Formed
The central banking system of the United State, the federal reserve was created on December 23, 1913, with the enactment of the Federal Reserve Act. -
Ford Introduces the Assembly Line
The assembly line developed for the Ford Model T began, an innovation that revolutionized factories to this day. -
Panama Canal Opens
The ship canal in Panama that connects the Atlantic Ocean (via the Caribbean Sea) to the Pacific Ocean opened many important new oppurtunities for international trade and shipping. -
Einstein's Theory of General Relativity
Science Industry was given a boost -
US pays Denmark $25 million for Virgin Islands
Business's can expand into the Virgin Islands -
US Supreme Court upheld 8-hr work day for railroad employees
workers on the railroad now work eight hous a day. -
US employment service opens as a unit of Dept of Labor
unions and industries now have a department held in Washington D.C. -
1st international air mail service from US, Seattle-Victoria, BC
Canada and the United States now can exchange mail. Making it easier for industrial expansion with new business's -
Alcohol prohibiton
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Lincoln Motor Company Launched
Licoln and Ford join toghether, becoming one of the biggest companies in the car industry. -
Walt Disney starts 1st job as an artist; $40 week with KC Slide Co
The Walt Disney era begins -
Jan 28th - NSDAP 1st election in Munich
NSDAP a huge part of our economy is elected in Munich, Germany -
1st permanent radio network-AT&T (WEAF NY & WMAF Mass
The first big national radio network -
Aug 15th - Mexico & US reaches accord over oil concession of 1917
United States oil companies now can use Mexican oil -
May 12th - Airship Norge is 1st vessel to fly over North Pole
air industry now can take to great heights -
Sep 9th - The U.S. National Broadcasting Company formed.
U.S. national broadcasting becomes the first and number one station in America. -
May 13th - "Black Friday" on Berlin Stock Exchange
"black friday" in berlin becomes part of stock exchange -
Jan 1st - 1st US air-conditioned office building opens, San Antonio
Air condition business is created -
Stock Market crashed known as black tuesday
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Jan 1st - The United States Post Office Department issues a set of 12 stamps commemorating the 200th anniversary of George Washington's birth.
The postal office service adds more stamps -
Apr 28th - 1st commercial flight across Pacific, Pan Am
Pan Am emerges to #1 airline in the world -
German Republic gives power to Hitler
Germany becomes communist. United States stops doing business with the Republic with Germany -
Sep 30th - The Hoover Dam, astride the border between the U.S. states of Arizona and Nevada, is dedicated.
The Hoover Dam created many jobs for people. It also created natural enegry -
San Francisco Bay's Golden Gate Bridge opens
World's most famous bridge is opened, a gate way to future bridges -
Ford motor company begins making bullets for United States military
U.S. military makes sure ford motor company makes bullets for army. -
Jan 10th - 1st mobile electric power plant delivered, Phila
1st mobile electric power plant delivered, The age of electricity begins. -
Georgetown-IBM experiment,
the first public demonstration of a machine translation system, is held in New York at the head office of IBM. -
Jan 1st - Largest check issued,
Natl Bank of Chicago to Sears ($960.242 billion). Sears checks biggest check ever recoreded -
1st ground station-to-aircraft radio communication via satellite
1st ground station-to-aircraft radio communication via satellite increased communication possibilities for business and society in general. -
(ATM)
(Automated Teller Machine) was invented in 1967 by John Shepherd-Barron in 1967. -
February 9: The world's largest airplane the Boeing 747 makes it first commercial flight.
Largest airplane makes its first commerical flight. -
Apr 11th - Apollo 13 launched to Moon;
NASA, the u.s.a space program launches to the moon. The crew is unable to land, returns in 6 days. Science industry sees a big boost -
October 1: Walt Disney World opens in Orlando, Florida
Disney world opens in 1971 -
Jan 3rd - George Steinbrenner III buys Yankees from CBS for $12 million
George Steinbrenner the third buys the Yankees from CBS -
Apple Inc Computer was founded by Steve Jobs
Apple Inc computer was founded by Steve Jobs. -
Jan 6th - 1st postage stamp copyrighted by US (Carl Sandburg stamp)
1st postage stamp copyrighted -
Wall street market crash
market crashed -
Feb 26th - Shortwave pirate Radio USA (Wellsville, NY) begins transmission
First pirate radio was created. A new theme for the radio industry -
November 20 - Microsoft Corporation releases the first version of Windows, Windows 1.0.
first verison of microsoft realeased -
Mar 20th - FDA approves sale of AZT (AIDS treatment)
FDA approves sale of aids treatment -
Jan 1st - NYC transit fare rises from $1.00 to $1.15
NYC transit fare rises 15 cents. -
Jan 26th - AT&T reports 1st loss in 103 years; $1.67 B in 1988
AT&T lst loss in 103 years -
5% sales tax on consumer goods & services goes into effect in USSR
Sales tax on consumer goods & services -
Bill Clinton becomes the 42nd President
Bill Clinton becomes the 42nd president of the U.S. -
DVD player was invented in Sep 1995
Dvd player was invented in 1995 -
Jan 12th - Space Shuttle STS 81 (Atlantis 18), launches into space
Space shuttle launches into space -
Google the search engine was launched
Google was launched. -
2001 Wikipedia is founded
wikipedia was founded -
world trade center attacked by terrorists in N.Y.C.
world trade center attacked by terrorists -
The original Xbox video game console came out on November 15, 2001.
Xbox came out -
Myspace was launched in 2003 by Tom Andersen.
The social network Myspace was launched in 2003 -
YouTube launched
Youtube, now a subsidary of Google LLC, was launched -
Jan 9th - Apple Inc CEO, Steve Jobs announces the iPhone.
Iphone was invented by Steve Jobs -
2008 Microsoft offers $44.6 billion to buy Yahoo!.
Microsoft offers to buy Yahoo for $44.6 billion dollars -
Jan 20th - Barack Obama becomes 44th President of the United States of America, becomes the United States' first African-American president
Barack Obama becomes the first African American to become president. -
Steve Jobs died
Steve Jobs died -
Mar 8th - Toyota recalls 700,000 vehicles over safety concerns
700,000 Toyota vehicles recalled -
Apr 10th - Apple Inc claims a value of $600 billion making it the largest company by market capitalization in the world
Apple became the largest company
