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U.S Buys Alaska from Russia
On March 30, 1867 the secretary of state at the time William H. Seward paid Russia $7.2 million for the 586,412- square mile territory of Alaska. -
Transcontinental Railroad Complete
Two sets of railroad tracks were joined and the continent united with a ceremony at Promontory, Utah. -
Edison Electric Founded by Thomas Edison
In 1878 Edison founded the Edison Electric Lighting Company in lower Manhattan to produce his new bulbs. -
American Federation of Labor Formed
The American Federation of labor was formed by trade unions to organize skilled workers. -
Olds Co. Begins Mass-Producing Automobiles
By 1900 a mass producttion of automobiles had begun in France and the US. -
Wright Brothers Make First Flight
Orville Wright piloted first powered airplane above a beach in North Carolina and 3 more flights were made by Wilbur Wright later that same day. -
Panama Canal Opens
The Panama Canal opens, which connects the worlds two largest oceans which signals America's emergence as global superpower. -
Great Stock Market Crash
Black Tuesday hit Wall Street; investors traded 16 million shares on the New York Stock Exchange in a day. Thousands of investors were wiped out. -
1st Commercial Television Broadcast
The RCA began the first commercial and public television broadcasts using Famsworth's system. -
FDR Signs Bill of Rights
FDR signs Bill of Rights, he was determined to plan ahead for a smooth transition to peace abroad as well as in America. -
Bank of America Launches First Credit Card
Bank of America issues first credit card called the BankAmericard. It was issued and only accepted in California at this time. -
Equal Pay Act of 1963
An act that requires that men and women in the same workplace be given equal pay for equal work. -
Fed Ex Begins Operations
Officially began on this day with 14 small air crafts from Memphis International Airport. -
Microsoft Software
Bill Gates and Paul Allen create a partnership called Microsoft. -
Apple Launched
Steve Jobs and Steve Wozniak founded Apple in a Silicon Valley Garage. -
US Government Bails Out Chrysler
What saved Chrysler was the $1.2 billion in loan guarantees provided by the federal government. -
Black Monday Crash of 1987
When the Dow Jones lost nearly 22% in a single day, this marked the beginning of a global stock market decline. -
NAFTA Took Effect
This came into effect creating one of the worlds largest free trade zones, which would lay the foundations for economic growth. -
911
A series of 4 coordinated terroris attacks on the United States launched by Al Qaeda. -
YouTube is Launched
A video-sharing website was launched in February 2005 reaching a 100 million views per day within a year of being launched. -
Global Economic Crisis
The world experiences biggest financial crisis since the Great Depression. "Once in a century" type of event. -
Oil Prices Record High
Oil prices rose to a record high, reaching $147 a barrel. -
Unemployment Dips
US economy added more than 100,000 jobs in December 2010, once November hit the following year unemployment rates dropped dramatically to 9.4% -
Facebook Part of Nasdaq
Facebook went public and many shares occured on their first day of trade on Nasdaq. -
Jobs Added; Unemployment Steady
US adds 155,000 jobs while the unemployment rate remained at 7.8%