Civil History Of The U.S Business

By n_scea

  • Industrial Revolution

    Industrial Revolution
    During the Industrial Revolution, factories were created and were used more than farming. Goods became cheaper and easier for businesses to produce.

  • The Invention Of Railroads and Trains in the U.S

    The Invention Of Railroads and Trains in the U.S
    Although railroads and trains helped human transportation, they also helped businesses transport goods.

  • Immigrants Becoming Legal and Being Employed

    Immigrants Becoming Legal and Being Employed
    Immigration helped fill up employment opportunities. Businesses had more help and could progress faster. Although business gained more employees, it also decreased employment for U.S citizens.

  • Ford's Assembly Line

    Ford's Assembly Line
    Henry Ford installed the first moving assembly line for the mass production of an entire automobile. His innovation reduced the time it took to build a car from more than 12 hours to two hours and 30 minutes.

  • The Great Depression

    The Great Depression
    In the U.S., recovery began in early 1933, but the U.S. did not return to 1929 GNP for over a decade and still had an unemployment rate of about 15% in 1940

  • The OPEC Oil Shock

    The OPEC Oil Shock
    Members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo. ... By the end of the embargo in March 1974, the price of oil had risen from US$3 per barrel to nearly $12 globally; US prices were significantly higher.

  • The First Macintosh Computer

    The First Macintosh Computer
    Steve Jobs unveiled the first Apple Macintosh computer, with its nine-inch screen and $2,500 price tag, on Jan. 24, 1984.

  • The Black Monday Crash

    The Black Monday Crash
    Stock markets around the world crashed during the Black Monday Crash shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin.

  • The Invention of the World Wide Web

    The Invention of the World Wide Web
    The invention of the world wide web helped speed up the process of many things such as; defining, locating, communicating and holding information for businesses.

  • Enron Scandal

    Enron Scandal
    This led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the de facto dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world.

  • Terrorists Attack 9/11

    Terrorists Attack 9/11
    This world wide attack affected many people, buildings, business, homes and more. Many business's buildings were hit and collapsed. Although it was a sad event, 9/11 has helped businesses in some ways as well such as; being more competitive, expanding employee assistance programs, bring risk back and much more. https://www.forbes.com/sites/brettnelson/2011/09/08/16-ways-911-changed-the-way-we-do-business/#69b5dabcacbb

  • Bernard Madoff And The Biggest Ponzi Scheme in History

    Bernard Madoff And The Biggest Ponzi Scheme in History
    In 2008, he admitted to running a huge Ponzi scheme where he paid his investors with proceeds from the investments of other clients. In one of the largest investment fraud schemes in Wall Street history, he defrauded his investors of around $18 billion. He was subsequently sentenced to 150 years in prison.