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In 1837, Charles Tiffany and friend John Young, opened a small jewlery gift shop. It eventually turned into the successful Tiffany & Company opening new businesses in multiple countries. It was of importance to jewelry business because it led to better manufacturing of the products.
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Otis invented a safety device that would prevent the elevator from falling to the ground. Otis had his chance to show his invention at 1854 New York Worlds Fair and impressed the crowd when the rope that was holding the elevator was cut and he only fell a couple of inches. Otis revolutionized the elevator industry.
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Swift invented the first ice cooled railroad car. This invention helped a lot for the transportation of meats over long distances because they would stay fresh.
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Macy's was originally founded as a dry goods store, but soon turned into a multi purpose superstore. The store was founded by R.H. Macy. Macy's was a revoltionary business because it was the first of the superstores, being founded 44 years before Target, 104 years before Walmart, and 41 years before K-mart. Superstores are now a huge part of the global economy.
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Christopher Sholes improved and patented the typewriter. He made it with the first ever QWERTY keyboard. The typewriter was very important because it made writing a lot more easier and quicker.
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Standard Oil was founded in 1870 and ended in 1911 when it was ruled by the Supreme Court an illegal monopoly. Rockefeller was a revolutionary in the oil industry. He boosted the U.S. to be considered an economic powerhouse with it's oil industry and oil was an extremely important product back then and still is today.
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The term "Social Darwinism" arised sometime in 1870s. Social Darwinism is the ideology of biological concepts in association with Darwinism theories to sociology, economics, and politics. It has had a huge impact on the modern world, from changing the very foundations of nations to leading the seperation of people on the debate of religion and politics.
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Alexander Graham Bell invented the telephone while on vacation during the summer of 1874. Him and his asisstant, Watson, tested the telephone successfully for the first time on July 26, 1874. The telephone was one of the most important inventions in the modern world because it gave people an easier way to communicate.
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F.W. Woolworth started a store originally named "F.W. Woolworth Company". The business eventually took off and he changed the name to "Foot Locker". F.W. was big in improving shoes and making shoes affordable for people.
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Edison did not invent the first light bulb, but rather made it comercially successful. Nov. 4 is the date when he finally got patented. The light bulb is probably the most important invention that came out of the 2nd Industrial Revolution because it gave better light than candles, lasted longer, and came in bigger sizes.
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Mergenthaler improved the printer by making two speperate machines for casting and stamping. This helped tremendously in the printing business.
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Carnegie's steel empire lated from about 1885 to 1901. He owned many different iron and steel factories and mines across the U.S. Carnegie's success was huge for the economy because it pushed America ahead of the powerhouses such as Britain and Germany.
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George Eastman founded the Eastman Kodak Company. He was a big innovator in the industry of roll film and he highly popularized it. Eastman would later commit suicide after suffering from a spinal disease.
