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first oil well is drilled in Pennsylvania
The well was dug 69 feet deep and the oil came out very quickly which made it hard to cap -
The Transcontinental railroad was created
The Transcontinental railroad is a railroad the went across the country carrying good and supplies -
Rockefeller founds standard oil
John D Rockefeller founds a company named standard oil along with other business partners -
Bell Patents Telephone
Alexander Graham Bell creates the very first telephone and was tested by calling his assistant. However, he was not the first inventor to come up wth the telephone as Thomas Jefferson claimed he hd invented it -
The First Incandescent lightbulb
Thomas Edison creates the first Incandescent light bulb using a carbonized cotton thread that lasted 13.5 hours and later has it last 40 hours -
Railroads set up Standard Time Zones
Operators of the railroads figured they needed an actual timed schedule for trips. Later, 4 standard time zones were introduced -
First Telephone on White House
President Rutherford B Hayes has the first telephone installed in the White House telegraph room. The president loved the technology but rarely received phone calls -
first electric trolley line
The Richmond Union Passenger Railway in Virginia was the first electric trolley and many more began to be made around the world -
Sherman Antitrust Act is passed
The first federal act that outlawed monopolistic businesses and practices. It was the first measure passed by the us Congress to prohibit trusts -
Carnegie Steel Company was formed
The steel company was primarily formed by Andrew Carnegie. He did also have a few helpers that managed steel mills around the area. The company was later sold in 1901in one of the largest business transactions ever -
J.P. Morgan forms US Steel
he was the lead producer of steel and related products. Later, he bought Andrew Carnegies interests for 492 million Dollars
