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During the Civil War, the need for guns and other weapons was in high demand. There were cannons and special bullets developed during this time.
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Start of Civil War
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Alexander Bell invented the telephone and this allowed communication to be easier rather than through mail. This was a huge role in the growth of the business world.
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Sandvik invented and started the production of steel conveyor belts. It was orginal used to transport coal and such, but was later used in assembly, and was a great help.
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The invention of the airplane caused a greater need for airplane parts from different manufacturers.
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Massachusetts Passed the first minimum wage law. This is progressive because it forces companies to pay all workers a certain amount, and doesn't allow them to take advantage of workers when it comes to money. It also can help prevent strikes against factories during times of wage cuts.
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Henry Ford used the process of assembly lines during the creation of the automobile. This employed many people as well as raised the demand in motors and other parts necessary for a car. It also caused a greater demand for glass, oil, and road building.
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The creation of the panama canal was very beneficial to the whole world. It was very good because it allowed faster water travel due to the convienent link from the atlantic to pacific.
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19th amendment passed which granted women full voting rights. This is a huge progression in US history. Giving women a right to vote puts a new voice and perspective into government. It also is showing a growth in equality between gender which results in more citizens who are happy with their rights.
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The Great Depression slowed down the American economy starting in 1929. This effected manufacturing in farming and in factories. New businesses were slowed or even shut down. Most businesses and the economy suffered greatly.
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Many factories reopened and hired many new workers to meet the new demands of the war such as weapons, and fighter plans. There also were oil empired found all over the world, so the demand for oil manufacturing products went up.
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The first television advertisement was broadcast in the United States on July 1, 1941. This aided businesses because the two came hand in hand. It allowed business to advertise themselves and in the end result prosper and flourish.
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During the Korean War, the US was more technologically advanced than in previous wars. There was an increased demand for war products such as weapons, transportation, and bombs.
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During the Vietnam War, factories shifted their production from making goods to making things necessary for war. This war also brought down the growth of the economy because all funds were used in the wars over seas.
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Pocket calculators soon infiltrated the world of commerce, from finance to state fairs. Engineers and other formula-dependent types also found a valuable work shortcut. Allowed a shorter time to be spent on math in business. End result, better business...
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Although there have been a few missteps along the way, space has become a regular part of American life that continues today and also a major employer.
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When they first came into usage, patents stopped the powers that be from exploiting and profiting off commoners’ ideas. As such, someone can claim or deviate for a patent, if the price is right. Helped businesses prosper.
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The bar code changed all that. Known as a Universal Product Code or UPC, the bar code allowed registers to translate the It was represented as data in the print pattern into an item’s price. It was first introduced to a widespread audience in 1974, starting with a 10-pack of Wrigley’s gum. managers can accurately track what is on the shelves and purchases, streamlining ordering and distribution.
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Businesses improved when the internet was allowed public access. People were then able to make purchases and conduct business online, which was much easier than having to go out and do business.
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9/11 had many impacts on business. First, gas and oil prices went up because of the possibility of being shut off to the Middle East's supply of natural resources. Also, it had a large impact on air travel. Less people chose to fly which hurt the flying industry.
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Due to the stock market crash on October 3, 2008, almost all businesses have suffered. Stocks and bonds have gone down, many people have lost their job, and the crash sent the US into a depression.
