US Business History By Laurenxday May 11, 1911 Supreme Court Orders Break-up of Standard Oil Jan 1, 1913 Ford Motors Introduces the Assembly Line Jan 1, 1922 WEAF Broadcasts First Radio Ad Jan 1, 1926 The First Wal-Mart Opens Jan 1, 1932 The Depression Era Securities Law Dec 17, 1935 First DC-3 Flight Jan 1, 1936 United Auto Workers Stage First Sit Down Strike Apr 20, 1939 First Commerical Broadcst Jan 1, 1944 The Bretton Woods Agreement Jan 1, 1947 Transistor is Invented Jun 5, 1947 The Marshall Plan The Basics of Business History Jan 1, 1957 Fisrt Toyota Sold in the US Sep 1, 1958 Bank of America Launches first Credit Card Jan 1, 1961 Kroc Buys McDonalds Jun 10, 1963 Equal Pay for Equal Work Jan 1, 1964 The Civil Rights Act Jul 30, 1965 Medicare Signed into Law Jan 1, 1970 Wage Stagation Starts Jan 1, 1971 Intel Invents First Single-chip Microprocessor Sep 2, 1974 President Signs ERISA into Law Jan 1, 1980 Supreme Court allows Gene Patenting Jan 1, 1981 Microsoft is Tapped to Use IBM Operating System Aug 1, 1982 Current Bull Market Begains Jan 1, 1989 Berlin Wall Falls - victory of Market Capitalism Aug 9, 1995 Netscape Goes Public Jan 1, 2008 2008 Recession Economic Recessions Oct 24, 2015 The Great Crash of 1929