Major Events in Business History

  • Coca-Cola Goes Global

    Coca-Cola Goes Global
    Initially starting off as a support campaign for troops overseas, quickly turns into a huge influx of money as Coca-Cola makes their brand recognized across the globe. Inspiring brands everywhere that it indeed could be possible, and eventually becoming a society in which huge corporations rule the market share.
  • Bank of America Launches the First Credit Card

    Bank of America Launches the First Credit Card
    Credit cards are a major role in society in first world countries, especially America, the Bank of America really pushed the credit card and capitalized on the human nature of procrastination and greed. Since then the credit card has been a major cause of debt in society.
  • Civil Rights Act of 1964

    Civil Rights Act of 1964
    A law passed to end discrimination against all minorities not only in race but in gender, states that it is illegal for any business with more than 25 employees to not hire an individual based on their ethnicity or gender. This allowed for businesses to become more diverse and for corporations
  • President Johnson Triples Inflation Rate

    President Johnson Triples Inflation Rate
    Lyndon B. Johnson attempted to go to war with Vietnam and fight poverty simultaneously, making inflation rates go from 1.9% to 6.2% in a matter of 5 years.
  • FedEx Founded

    FedEx Founded
    FedEx is a major shipping company that opened up options for overnight and cross country shipping for everyone, products could reach the consumers a lot quicker and more efficiently through being delivered right to their doorstep. Businesses could also receive product the next day in case of an emergency.
  • WYSIWYG Invented

    WYSIWYG Invented
    What-You-See-Is-What-You-Get. A program written by Charles Simonyi and Butler Lampson, would accelerate the technology in businesses all over the globe by making communication with computers that much easier than before.
  • OPEC Oil Shock

    OPEC Oil Shock
    In the event of the Saudi-Arabia War, Saudi Arabia took control on major oil exporting countries such as Iran, Iraq, Kuwait, and Nigeria. Putting sanctions on all of these major traders and creating massive embargoes, all of which would go to quadruple the oil prices in the U.S., furthermore sending inflation rates through the roof.
  • Microsoft Founded

    Microsoft Founded
    Microsoft alone is the biggest player in the business industry, it is the most widely used software amongst any company due to its very good performance-per-dollar ratio. Also, it is used on a wide range of computers, from low to high end, making it either a budget-friendly option for any starting business, or a more premium option for fast-paced corporations.
  • Black Monday

    Black Monday
    The day in which Dow Jones dropped 506 points, causing one of the biggest scares in the stock market since the actual crash back in 1929.
  • The Berlin Wall Falls

    The Berlin Wall Falls
    The Berlin Wall falls, allowing the people to be freed of communism, also allowing capitalism practices from the West to come charging in to the rescue. Massive businesses spread to the East, given the new freed people jobs, opportunities, and a future, as well as giving those corporations more money in their bank accounts back home.