Personal finance

  • U.S. Steel was formed

    U.S. Steel was formed

    1901- Andrew Carnegie steel business formed with another to creat a business wroth billions making 2/3 of all steel.
  • First controlled airplane takes flight

    First controlled airplane takes flight

    The Write brothers invent the first plane and take flight with it.
  • Henry Ford makes the Model T

    Henry Ford makes the Model T

    1908- Henry Ford wanted to create an affordable, simple to operate, and durable vehicle.
  • Lewis Hine

    Lewis Hine

    1908- In 1908 Hine became the photographer for the National Child Labor Committee. Using his camera as a tool for social reform, his photographs were instrumental in changing the child labor laws in the United States.
  • Ford invents the assembly line

    Ford invents the assembly line

    Henry Ford produced 15 million identical Model Ts between 1908-1927. Ford had broken down the production of the Model T into 84 distinct steps Using the assembly line.
  • William Taft

    William Taft

    1913- William Howard Taft is responsible for signing the creation of the US Department of Labor.
  • World War 1

    World War 1

    American factories built many weapons and most woman had to work in factories during this time.
  • Henry Ford

    Henry Ford

    Henry Ford was an American industrialist, business magnate, founder of the Ford Motor Company, and chief developer of the assembly line technique of mass production.
  • Prohibition

    Prohibition

    Prohibition of alcohol increased productivity in factories because workers were always drunk.
  • Bull Market

    Bull Market

    1920- rise in prices fueled by prosperity and economic boom
  • Increased wages

    Increased wages

    1921- U.S. factory workers saw an increase in their wages
  • Unified Assembly Line

    Unified Assembly Line

    Buick introduces the Unified Assembly Line which turns out the be the largest and most efficient assembly.
  • Lean Manufacturing

    Lean Manufacturing

    1930- Toyota begins using a Lean Manufacturing model by making use of automation.
  • The Great Depression

    The Great Depression

    1930- severe worldwide economic depression
  • The Fair Labor Standards Act becomes law

    The Fair Labor Standards Act becomes law

    1938- Franklin D. Roosevelt signed the Fair Labor Standards Act, which mandated standards like the 40-hour workweek, the minimum wage, and child labor restrictions.
  • Franklin D. Roosevelt

    Franklin D. Roosevelt

    1938- signed the Fair Labor Standards Act into law
  • America goes to war

    America goes to war

    1941- America mobilized for war and the charge was led by the country’s massive manufacturing industry.
  • Jet engine is developed

    Jet engine is developed

    1942- first jet engine is developed and tested
  • First 100% solar powered house

    First 100% solar powered house

    Maria talked invented the thermoelectric power generator to provide heat.
  • Discovery of LED lighting

    Discovery of LED lighting

    Nick holonyack, invented the first visible light LED. He also invented the first light dimmer.
  • Microsoft

    Microsoft

    1975- Bill Gates and Paul Allen work together to develop Microsoft computer software.
  • President jimmy carter

    President jimmy carter

    President jimmy carter signed the department of energy organization act of 1977 which founded the department of energy.
  • 3D printing

    3D printing

    1992- increases speed and reduces waste by instead adding materials layer by layer, with the help of CAD software, to create three-dimensional products.
  • Tesla

    Tesla

    2003- a group of engineers who wanted to prove that people didn't need to compromise to drive electric
  • Donald Trump

    Donald Trump

    Donald created thousands of jobs in the manufacturing business and revived it.
  • Covid-19

    Covid-19

    The corona virus impacted manufacturing in a harsh way with it spreading through factories and forcing people to social distance.