The History of Business

  • The Assembly Line

    The Assembly Line
    A revolution in manufacturing invented by Henry Ford. The assembly line greatly increased the productions of his Ford motor vehicles but this invention was practiced all over afterwards.
  • World War I

    World War I
    The first global world war claimed over 16 million casualties, but the American economy went up after the war though.
  • The Great Depression

    The Great Depression
    The greatest recession in history rose unemployment over 600% and poverty skyrocketed.
  • King Kullen Becomes the First US Supermarket

    King Kullen Becomes the First US Supermarket
    The first supermarket changed how we shop for food now and has also changed food production as well.
  • McDonald's becomes an American Staple

    McDonald's becomes an American Staple
    Ray Kroc turns McDonald's into a global franchise that to this day employs 1.5 million people, including me.
  • Wal-Mart Opens its Doors

    Wal-Mart Opens its Doors
    The country's biggest superstore, Wal-Mart, opens it doors in 1962 forever changing how we shop with their prices.
  • Equal Pay Act of 1963

    Equal Pay Act of 1963
    A law establishing equal pay for workers despite of race, gender, or sexuality.
  • Black Monday

    The stock markets around the World crashed a wide margin in just one day, and even though the market recovered it remains the largest crash in a single day. (22.61%)
  • September 11, 2001

    September 11, 2001
    The greatest attack on American civilians ended with a war on terrorism that still goes on today. The Western World has never been the same after the World Trade Center was destroyed.
  • 07-09 Recession

    The recession of recent times revolving around the housing market resulted in the worst recession since the 30's and is something people are still recovering from today.