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In 1602, the Dutch East Indies company was established and became the first company to get a trade monopoly in Asia.
© Chloroformzt Official - Est 2009
10 Interesting Fact About World Business History
10 Interesting Fact About World Business History
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In 1602, the Dutch East Indies company was established and became the first company to get a trade monopoly in Asia.
In 1776, the United States was independent and became the first country in the world to introduce the concept of a free market economy.
In 1850, the world's first post office was opened in London, England.
In 1869, the Suez Canal was opened and changed the world trade route between Asia and Europe.
In 1911, IBM was founded by Charles Flint and became the largest technology company in the world.
In 1929, a large economic crisis occurred and caused depression of the global economy for years.
In 1956, Toyota became the first company to introduce the concept of Lean management in car production.
In 1971, Starbucks was established and became the largest coffee company in the world.
In 1995, Amazon was founded by Jeff Bezos and became the largest e-commerce company in the world.
In 2008, the global financial crisis occurred and caused bankruptcy of large companies and paralyzed the world economy.
