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John Rolfe plants West Indian Tobacco in Virginia
These cash crops assure the colony's success -
The first blacks arrive in virginia as indentured servants
A few decades later slavery becomes the dominant labor system in the south -
Richard Arkwright opens his first factory
Arkwright's machine now became known as the Water-Frame. It is the world's first successful water powered cotton powered spinning wheel. -
Thomas Jefferson designs the american currency system
He designs the first decimal money in the world -
Samuel Slater immigrates to New England from the English Midlands
He carried in his head the plans for textile machinery, and becomes “the father of American manufactures.” -
A group of brokers sign the Buttonwood Agreement
It was the origin of the New York Stock Exchange. -
Andrew Carnegie visits a steel mill in England and decides to go into steel.
By 1900 the Carnegie Steel Company produces a quarter of all American steel. -
United States Steel is organized by J. P. Morgan
In the largest of a wave of mergers that sweeps the American economy beginning in the 1890s. -
Maslow's Hierarchy of Needs
Maslow's hierarchy of needs is a theory of motivation which states the five categories that a human needs to dictate their behavior. Those needs are physiological, safety, love and belonging, esteem, and self-actualization needs. -
Drucker wrote "The Practice of Managment"
management is the key organ of any organisation. A manager has to perform several functions such as setting of objectives, increasing productivity, organising and managing social impacts and responsibilities, and motivating employees.