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What does the concept mean?
During the Cold War, the competition between the U.S. and the USSR led to increased investment and demand for advanced technologies, from military hardware to space exploration, allowing businesses in these sectors to expand and thrive. -
Why is this timeline historically relevant?
It demonstrates how political and economic contexts can influence business growth and technological innovation, shaping global development and daily life. -
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1940s
1947: RAND Corporation is a think tank that advises on military strategies, supports defense technology research, and assists technology companies.
1949: The ENIAC computer: a large computer manufactured by the US Army to help fire artillery
1949: First Soviet nuclear test - The USSR develops its first nuclear bomb, causing an increase in investment in defense technology in the US. -
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1950s
1950: Defense contracts in the Korean War, companies such as Lockheed and Northrop win large deals to provide military technology and aircraft and just as these companies win large deals to provide military technology and aircraft
1957: The USSR sent the first satellite, causing the United States and private companies to spend more on space technology
1958: NASA founded establishing the agency to lead space exploration, promoting the participation of technology companies in space initiatives. -
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1960s
1961: Development of the U-2 Spy Plane, The Lockheed company develops the U-2 for aerial surveillance, leading to large-money contracts with the government.
1962: Cuban missile crisis resulting in intensifying arms race, resulting in increased investment in missile and defense technology.
1969: Man's arrival on the Moon The Apollo 11 mission demonstrates the technological capacity of the United States, promoting expansion in the space and technology industry. -
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1970s
1972: SALT I Treaty, agreement between the US and the USSR to limit nuclear weapons, promoting investment in verification and control technology.
1973: Oil Crisis, increase in oil prices spurs research into alternative energy technologies and efficiency.
1979: Iranian Revolution, change in the oil market affects the global economy, prompting companies to seek new sources of energy and technology. -
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1980s
1983: Strategic Defense Initiative (SDI), proposed to develop a missile defense system based on space technology.
1985: Advances in Microelectronics, development of semiconductors and microprocessors that transform technology and the computing industry.
1989: Fall of the Berlin Wall, end of the division of Europe that opens new markets and opportunities for technology and defense companies. -
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1990s
1991: Dissolution of the USSR and that is the same as the end of the Cold War and the opening of new markets in former Soviet countries.
1992: North American Free Trade Agreement (NAFTA), this agreement boosts trade and investment in technology and manufacturing in North America for business mania