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Adam Smith wrote "the Wealth of Nations," Economy was mainly agriculltural and families usually raised crops and livestock for a living
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Levi Strauss created a dry goods company for miners in San Fransisco for the Gold Rush. 10 years later the official name for his company was Levi Strauss & Co.
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There are many beliefs as to when globalization began, but the World Bank stated that globalization has three wave. The first one beginning in 1870
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The Ford Model T was the first automobile built and was ready for travel on September 27 of 1908
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Although created in 1911, IBM got its name in 1924 and now is the second largest publicly traded technology company in the world.
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Dick and Mac McDonald begin the McDonald's Bar-B-Que with car hop service. 8 years later a drive-in version of McDonalds is created. Then in 1955 the first franchised McDonalds is built by Ray Kroc.
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Diners Club and American Express issued the first credit card to 200 people who could use it at 27 restaurants in New York
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The first WalMart discount store opens in Rogers, Arkansas. The first Supercenter opeed in 1988 in Washington, Missouri
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An Information Economy is one that has insant access to accurate information, communicaes through telepone lines and computers, and the majority of income depends on the use of up-to-date and accurate information.
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The IBM Simon was the first smartphone built. It contained a calendar, address book, world clock, calculater, notepad, e-mail client, being able to send and receive faxes, and games.
