Business 1865-Present

  • KKK

    KKK
    The Klu Klux Klan was founded and led to many of the racial issues that we as people and employees/employers face today.
  • General Electric

    General Electric
    General Electric was founded by Thomas Edison and led to many of the wonderful inventions that we now use daily today such as the light bulb.
  • First Plane

    First Plane
    The Wright Brothers flew the first plane. This later became a way for businessmen to visit each other over seas or even just to sit in one and drink a cup of coffee while talking about business.
  • FDA

    FDA
    The FDA was established opening up many new jobs in the food service and inspection area.
  • Model T

    Model T
    Henry Ford introduced the Model T Ford. Letters were no longer needed among businessmen, they could drive to each other and speak face to face.
  • Girl Scouts

    Girl Scouts
    Girl Scouts of America was founded and later became one of the largest non-profit organizations in America.
  • World War I

    World War I
    At first the US was in recession, then when Britain joined the war they bought many goods from America sending us into an Economic Boom.
  • Great Depression

    Great Depression
    It began with the stock market crashing and continued to get worse for years until Roosevelt enacted the New Deal which slowly brought us back.
  • Glass-Steagall Legislation

    Glass-Steagall Legislation
    This legislation was put into act which separated commercial and investment banking.
  • WWII

    WWII
    Brought us out of the Great Depression and created many more jobs as soldiers and nurses. Our unemployment rates were next to nothing.
  • Vietnam War

    Vietnam War
    Foreign imports doubled which wreaked havoc on our balance of trade and took years to even partially fix.
  • Social Security Amendment

    Social Security Amendment
    Medicare and Medicaid was signed into law establishing many new taxes.
  • Immigration act of 1965

    Immigration act of 1965
    For the first time ever, immigration into America became limited after President Johnson signed this into law. People were worried about losing their jobs to immigrants while business owners loved how cheaply they would work for.
  • Oil Crisis

    Oil Crisis
    Oil prices quadrupled in response to reduced supply and higher demand.
  • Microsoft

    Microsoft
    Bill Gates founded the Microsoft Corporation which made it easier for businesses to interact and keep track of things.
  • Apple

    Apple
    Steve Jobs founded Apple Inc. which swiftly became just as popular and useful to businesses as Microsoft.
  • Don't Ask Don't Tell

    Don't Ask Don't Tell
    Openly gay and bisexual people were prohibited from joining the military creating a stigma against gays in related career fields.
  • Internet

    Internet
    The internet was fully commercialized in the USA and was being used for business propositions/meetings/work all over the country.
  • 9/11

    9/11
    Terrorist attack on the World Trade Center shut down the most prestigious business center in America.
  • Financial Crisis

    Financial Crisis
    The housing market skyrocketed because mortgages were so easy to get that people who were unable to pay them were getting them. Banks ended up in so much debt that businesses which relied on credit suffered heavily, we fell into a recession much like that of the Great Depression,