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In the late 1700's they started tinkering on car engines. It started in Europe the went to the U.S. This started a new way on giving people a chance to start a market in this buisness.
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Invented by Jacques de Vaucanson
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There was no specific year that the horse and buggy came out but it was for sure out in the late 1800's, and that was one of the best ways of transportation at the time.
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Brothers Frank and Charles Duryea made the first car company in the US.
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Henry Ford started one of the biggest car companies ever made. That has started to drive the car market. The car market has been high ever since.
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First started doing Automotive Production on Commercial Scale in the U.S.
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The 3 hourse power oldsmobile
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Henry Ford's Model T car was the car that made people take reconition in automobilies, but even thought there were other automobilies made before this car. But this car that Henry built was the car that made people intrested in auotmobilies.
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The battery powered car was the car to have, but they never had a battery then that would not last long so the production of this car stopped after the first decade in the 20th Century
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Racecar driver Louis Chevorlet started the Chevy Company. He started the biggest competitor of the Ford Comapany.
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They stopped making the steam power car because it was not match to keep up with the combustion cars and it was more likely to overheat and blow up. The end of the steam car made the gas powered car more popular and likeable.
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Ford and Chevy are the two biggest american made car companies ever invented. During every major events on the time line the buisness cycle is at Prosperity, but otherwise the buisness cycle was in ressecion.