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The company formed after Alexander Graham Bell's invention of the telephone
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Atlanta pharmacist John Pemberton invents the Coca-Cola formula
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History of General ElectricGeneral Electric forms as a result of a merger between the Edison General Electric Company and the Thomson-Houston Company.
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the Hershey Chocolate Company started out as a wholly owned subsidiary of Milton Hershey’s Lancaster Caramel Company.
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Eight years later, W.K. Kellogg opened the “Battle Creek Toasted Corn Flake Company” and the rest was history.
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United States Steel Corporation was the largest business enterprise ever launched, with an authorized capitalization of $1.4 billion
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Ford Model T - 100 Years LaterThe first Model T is produced and leaves the factory three days later
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General Mills was created by William “Billy” Durant
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"The U.S. Federal Reserve System (Fed) was establishedto provide an independent means to help ensure thestability of the financial system and set monetary policy (determiningthe size of the money supply and various interestrates)." ("THE ROLE OF THE FEDERAL RESERVE. (Cover Story)." Financial Executive 28.2 (2012): 36-40. Business Source Elite. Web. 25 Feb. 2013.)
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The end of WW1 brought the United States out of the Great Depression by supplying tons of jobs to out of work citizens and bringing in revenue by outputting military weapons needed around the world.
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The National Broadcasting Company is founded in New York City in 1926.
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"Four milling companies merged to form General Mills. Red Star Milling Company, Royal MillingCompany, Kalispell Flour Mills Company, and Rocky MountainElevator Company joined the Washburn Crosby Company tocreate one of the largest milling companies in the world." (General Mills: Beginnings. General Mills Inc, 2013. Web. 24 Feb. 2013.)
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The stock market crashes, marking this day in history as "Black Thursday" and begins the Great Depression
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Sam Walton opened the first Walmart store in Rogers, Ark.
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Opened by Bernie Marcus and Arthur Blank .
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The destruction of the Twin Towers was follwed by The Iraq War which caused an economic recession within America and around the world, affecting the world-wide economy.
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Hurricane Katrina Economic ImpactAugust 23, 2005–August 30, 2005
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