Timeline
1) The Corporation is legally defined: 2 Feb 1819
After the case between Dartmouth College V. Woodward, the Supreme Court made a decision by legally defining a corporation. This now meant that private corporations were fully compliant with the law. A corporation meant that people could invest in a company without being held liable for the outcome of the company. 2) The Steam Engine is created: 1 Jan 1820
Early on these 'fire engines', as they were called then, were only used in textile mills and power looms due to their enormous size. However with advances in technologies and more compact design, the steam engine made its way into factory machines and allowed for more efficient production of consumer goods. With manufacturing now being aided by engines instead of human labor, many people became de-skilled and were appointed to do simpler tasks. 3) Transpiration Industrialized: 15 Mar 1835
As production became more efficient and out put grew, transportation became a key part in industrial growth. Investment into canals and railroads grew. This expansion in transportation connected the U.S.'s major industrial areas and allowed for faster movement of goods necessary to keep up with the increasing pace. 4) Rockefeller’s oil company is created: 1 Jan 1863
During this period of rapid industrial growth and innovation, companies needed a cheap, sufficient supply of fuel. John D Rockefeller's Standard Oil Company provided a solution for these companies and their new products. 5) Carnegie’s steel mill is created: 10 Mar 1872
With the completion of a steel mill in America, a cheaper, stronger steel could now be used buildings, equipment, and transportation. Pennsylvania, Ohio, Indiana, Illinois, and Alabama all became industrialized states during this period and people began rapidly moving to the cities due to an industrial boom. 6) Telephone industry is created: 1 Jan 1876
During this period many new inventions were taking