US Business Timeline (Industrial Revolution-Present Day)

  • End Of Civil War

    End Of Civil War
    Robert E. Lee and the Confederates surrendered to Ulysses S. Grant and the Union. About 620000 American soldiers died during this war.
  • Immigration Waves

    Immigration Waves
    Land, labor, and steamships made Atlantic crossing safer. From 1866-1915, 25 million immigrants came to the US motivated by economic disruption, social disruption, political disruption, political disruption, and religious disruption.
  • Memphis Riots of 1866

    Memphis Riots of 1866
    Following the end of the Civil War and the immigration waves, racial violence broke out due to social and racial tensions in the Early Stages of Reconstruction. Mobs of white people rioted through black neighborhoods killing freed black men, woman, and children.
  • Mass Steel

    Mass Steel
    In Pittsburgh, Andrew Carnegie made the the first mass steel factory and made Pittsburgh the center of the steel industry. In 1901, Carnegie sold his operation to US Steel which for a while became the largest steel corporation.
  • Light bulb invented

    Light bulb invented
    In November of 1879, Thomas Edison "banished the darkness" by inventing the electric light bulb. His first demonstration of the light bulb was in December 31, 1871 in Menio Park, NJ.
  • American Sanitation Reformed

    American Sanitation Reformed
    In 1881, Col George Waring (Civil War veteran and the first eco-warrior) founded the New York Sanitation Department. Him and his workers known as the "White Ducks" initiated in recycling and sewers. Industrial sewage and waste management took off.
  • Chinese Exclusion Act

    Chinese Exclusion Act
    During the California Gold Rush in 1849, Chinese immigrants were used as miners working in the mine field to find gold and use explosives to blow up caves. After their use wasn't needed to boost the gold industry, a new law was signed by President Chester A. Arthur called the Chinese Exclusion Act. This law prohibited the immigration of Chinese laborers.
  • Invention of the Electric Trolley

    Invention of the Electric Trolley
    In Baltimore, Leo Draft invented the electric trolley. This changed transportation and eliminated organic pollution.
  • Elevator Invented

    Elevator Invented
    In 1902, Flat Iron Building was build in New York City. It is the first triangular building. It was also the first building to have an elevator which was invented by James Otis in 1853.
  • Triangle Shirtwaist Factory Fire

    Triangle Shirtwaist Factory Fire
    In Manhattan, New York City the Triangle Shirtwaist Factory caught on fire killing 146 workers. This incident regulated the shirtwaist industry negatively
  • Sinking of the Titanic

    Sinking of the Titanic
    It was four days into the ship's voyage. The Titanic struck an iceberg in the Northern Atlantic Ocean and sunk. 1503 passengers died. This incident regulated the shipping industry negatively.
  • America Joined World War 1

    America Joined World War 1
    During the Great Depression, the unemployment rate was very high. When America joined it's allies Britain, France, and Russia, unemployed men enlisted in the army and this lowered the unemployment rate.
  • The Great Depression

    The Great Depression
    Due to the stock market crash of 1929, bank failures, reduction in purchasing across the board, American economic policy with Europe, and drought conditions, America was in it's deepest economic downturn. This lasted for about a year.
  • America Entered World War 2

    America Entered World War 2
    After the attack on Pearl Harbor, America entered World War 2. This caused the unemployment rate to drop because a lot of men enlisted in the army. This also caused Women to step out the house and do the work that men were absent to do.
  • First Computer

    First Computer
    ENIAC (Electronic Numerical Integrator and Calcultor) was built for the to calculate ballistics trajectory. It was based off designs by Charles Babbage between 1833 and 1871.
  • Apple Inc. Founded

    Apple Inc. Founded
    Steve Jobs, Steve Wozniak, and Ronald Wayne founded Apple to sell the Apple Computer 1. Apple is now one of the most largest multinational technology company.
  • Attack on 9/11

    Attack on 9/11
    Islamic terrorists hi-jacked 2 planes and flew them into the twin towers. The U.S economy was already going through a recession and the attack added on to the problem. Fortunately by the end of the year the market bounced back up.
  • Facebook Created

    Facebook Created
    Mark Zuckerberg founded Facebook in Cambridge, Massachusetts. To this day, Facebook is one of the top 3 stocks to invest in.
  • Economic Recession 2008

    Economic Recession 2008
    Due to the bursting of the 8 trillion dollar housing bubble, there were cutbacks in consumer spending and there was also major job losses. In 2008-2009 the US labor market lost 8.4 million jobs which is equivalent to 6.1% of all payroll employment. This was the worst recession since the Great Depression of 1921,