American Business History By ramirezl0955 Aug 31, 1869 First Transcontinental railway was opened Aug 31, 1869 Knights of Labor union founded Aug 31, 1873 Panic of 1873 Aug 31, 1887 Interstate Commerce Act Aug 31, 1889 "The Gospel of Wealth" was published Aug 31, 1890 Sherman Antitrust Act Aug 31, 1890 US passes Britain in steel production Aug 31, 1893 Gilded Age ends with the Panic of 1893 Jan 1, 1911 Congressional break up of Standard Oil Jan 1, 1913 Federdal Reserve was created Jan 1, 1913 Henry Ford creates assembly line Jul 28, 1914 WWI begins Oct 24, 1929 Stock market crash Aug 31, 1932 Unemployment reaches 25% Jan 1, 1936 United Auto Workers strikes begin Aug 31, 1941 Coca-Cola becomes international brand Aug 31, 1941 WWII begins Jun 25, 1950 Korean War begins Nov 1, 1955 Vietnam war begins Jun 29, 1956 Eisenhower makes interstate highways Jul 29, 1958 Eisenhower signs NASA into exsistance Sep 1, 1958 Bank of American introduces first credit card Jun 10, 1963 Equalpay for equal work Aug 31, 1979 Energy Crisis Aug 31, 1981 Ronald Reagan introduces "Reaganomics" Aug 31, 1982 Bull market begins Aug 2, 1990 Gulf War begins Mar 20, 2003 Iraq war begins Aug 31, 2007 Financial Recession begins Aug 31, 2008 Automotive industry finanical downturn . Feb 28, 2009 Obama signs American Recovery and Reinvestment Act of 2009
