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The industrial Revolution was the transition to new manufacturing processes from 1760-1840. Instead of everything being hand made there were now machines and factories.
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Vanderbilt created steam engines for trains, railroads and grand central station. It allowed for quick means of transportation.
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This is the era when a free market economy began to take place in the united states. It allowed business owners to run their own business without to much interference from big government.
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John Froelich invented the first tractor in 1892. It led to company's such as john deere, international, case and more and revolutionized farming.
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Henry Ford started Ford motor company and assembly lines are created which allows production to maximize because workers master certain crafts. Also cars start booming which allow for more transportation methods.
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In 1903 the first airplane was invented. Airplanes allowed for a billion dollar industry for travels and for transporting goods from nations to other nations.
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The panama canal was a crucial role in transportation for boats because instead of having to go all the way to the bottom of south America ships could now cut through and make trading a lot easier. The United States took control in 1904 and opened in 1910.
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The roaring 20s was when America had a culture with a decade of prosperity and enjoyed life. Instead of living on farms and small towns there were big cities.
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The great depression was Americas worst economy ever and millions of people lost everything they ever had because banks were closing and no money and jobs were being created.
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World War 2 was one of the worst wars in History and made countries realize how bad things can get and that they cant let this happen again. The war though did bring American out of the depression and created millions of jobs.
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This era company's started to target certain people and groups and tried to make that product appeal to them. This is when the advertising business took off.
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The jeep was created in 1940 and it became a crucial role in World War 2 as it transported troops and goods on the battlefield.
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The first computer was invented which led to another billion dollar industry and has advanced technology in the past 50 years more then it has in human existence.
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Vietnam war took lasted 20 years and had no support from the public and left millions of veterans without jobs, no money, and there injuries and after this veteran programs began.
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It was the first artificial satellite launched into space. It gave scientist insight on Earths orbit, Atmosphere and led to many more explorations in space.
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In 1958 the credit card is made. The credit card allowed for banks to make money by interest and people could spend money they didn't have.
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In the late 60s early 70s is when American started to turn from manufacturing goods to more of a service economy which means doing things for money rather then selling a hard good. This is a reason American has such a large trade deficit.
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The first Airline is opened up which creates transportation, jobs and more. Also transports goods.
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Apple revolutionized the computer and phone industry. Smart phones became a small persona computer and iMacs being supreme computers for software and leading industry design.
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The internet was born in 1983 but the world wide web started in 1990 and that's when communication and business and the world we now today took place. The internet is the most used thing on a daily basis and has transformed the way business and live is done.
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September 11th marked the war on terrorism and a check on nations borders and security. It started the war in Afghanistan and the way is still not over.
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From 2007 to 2009 the market to a crash and homes weren't selling, gas prices went through the roof and people weren't spending money. People were saving money which only hurt even more and we are slowly getting better as a whole economy.
