Big Business Timeline

  • First oil well is drilled, Pennsylvania

    First oil well is drilled, Pennsylvania
    The first oil well to be drilled in the United States-1859
  • Transcontinental railroad is completed

    Transcontinental railroad is completed
    The railroad connecting the east and west coast is completed on May, 10th 1869
  • Bell patents telephone

    Bell patents telephone
    Bell patents the telephone after his first successful test in 1876
  • First telephone on White House

    First telephone on White House
    in 1877, President Rutherford B. Hayes has the White House's first telephone installed in the mansion's telegraph room
  • First electric trolley line, Richmond, VA

    First electric trolley line, Richmond, VA
    Richmond become the First city in the union to have an electric trolley line.
  • Rockefeller founds Standard Oil

    Rockefeller founds Standard Oil
    In 1882 Rockefeller and his business partners found the Standard Oil Company
  • Railroads set up standard time zones

    Railroads set up standard time zones
    Railroads set up standard time zones to offer a uniformed time schedule.
  • Sherman Antitrust Act is passed

    Sherman Antitrust Act is passed
    Sherman Antitrust Act is passed making monopolies illegal in the united states.
  • Carnegie Steel Company is formed

    Carnegie Steel Company is formed
    In 1892 Andrew Carnegie Founds the Carnegie Steel Company rising rapidly to become one of the richest most influential Americans of the time
  • J.P. Morgan forms U.S. Steel

    J.P. Morgan forms U.S. Steel
    J.P. Morgan forms U.S. Steel in 1901 becoming very powerful and wealthy
  • Edison perfects incandescent light bulb

    Edison perfects incandescent light bulb
    Edison creates the first commercial lightbulb having a lifespan of 13.5 hours. He later extended this to about 40.