Business

By facebooker_100000099294843

  • First Corporation

    the first corporation actually began around 1602

  • Dutch East India Company

    This was one of the first corporations and its purpose was that they sent hundreds of thousands of europeans to work in the Asia trade routes

  • The Wall Street stock exchange started to be built

    surveyors laid out Wall Street along the lines of the original stockade.

  • established business model

    The Dutch East India Company became a business model because of the way that they went upon themselves to branch out and grow bigger

  • Wall Street became the citys' first slave market

    New York City Common Council made Wall Street the city's first official slave market for the sale and rental of enslaved Africans and Indians.

  • Stock traders voted to make rules and ideas to make money and protect trades

    make the market more "structured" and "without the manipulative auctions", with a commission structure

  • Americans Believed they were in a land of opportunity

    the public extolled the pioneer who overcame great hardships to carve a home and a way of life out of the wilderness.

  • Charles H. Dow began tracking stocks

    Charles H. Dow began tracking stocks, initially beginning with 11 stocks, mostly railroads, and looked at average prices for these eleven.

  • Dow's expanded list of stocks were published

    later there were 30 stocks on the average

  • Business spread across the American frontier

    America, as small agricultural enterprises rapidly spread across the vast expanse of the American frontier, the homesteading farmer embodied many of the ideals of the economic individualist.

  • brought an enormous leap in the scale and complexity of economic activity.

    In many industries, small enterprises had trouble raising sufficient funds and operating on a scale large enough to produce most efficiently all of the goods demanded by an increasingly sophisticated and affluent population.

  • Business dominated

    both residences and businesses occupied the area, but increasingly business predominated.

  • A Business History Society was formed

    Membership composed of librarians, historians, businessmen, immediately began to educate companies to historical value of business operating records

  • many different types of business

    there were 16.4 million non-farm, sole proprietorships, 1.6 million partnerships, and 4.5 million corporations in the United States -- a total of 22.5 million independent enterprises.

  • Wall Street was the top dog

    Wall Street was and still is on the top of the list for business trades