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Takes place in a woodland valley along a creek in remote northwestern Pennsylvania. It was drilled by Edwin L. Drake who had been hired by the Seneca Oil Company of New Haven, Connecticut and was 69.5 feet deep.
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The railroad was completed at Promontory, Utah. The completion of this railroad made the American West easily accessible, creating a boon of trade, business, and population.
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Rockefeller and his associates incorporated the Standard Oil Company which immediately prospered due to ideal and favorable economic/industry conditions and Rockefeller’s desire to dominate the industry by buying out its competitors.
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Alexander Graham Bell received that patent for the telephone and revolutionizes communication.
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President Rutherford B. Hayes had a telephone installed in a telephone room in the white house.
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Thomas Edison patents an electric lamp with a carbon filament.
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Four standard time zones were created because trains needed a new time plan for arrivals and departures.
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The Richmond Union Passenger Railway was the first electric trolley system and started other electric trolley systems around the US.
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Probihited monopolies and was the first step in prohibiting trusts.
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Was created by Andrew Carnegie and took place in Downtown, Pittsburgh, PA. This company would become a steel empire by maximizing profits and minimizing inefficiencies through ownership of factories, raw materials, and transportation infrastructure.
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J.P. Morgan combined Andrew Carnegie's Carnegie Steel Company, Gary's Federal Steel Company and William Henry "Judge" Moore's National Steel Company.
