History

Minimum wage is a hot topic in the United States and around the world. Today, most of the world’s countries have some type of minimum wage. Why was minimum wage introduced in the first place? Which country had the world’s first minimum wage? Where is minimum wage going in the future? Today, we’re going to explain the history of minimum ...

Televisions can be found in billions of homes around the world. But 100 years ago, nobody even knew what a television was. In fact, as late as 1947, only a few thousand Americans owned televisions. How did such a groundbreaking technology turn from a niche invention to a living room mainstay? Today, we’re explaining the complete history of the television ...

The US dollar was officially launched by America’s Continental Congress on September 8, 1786. However, the dollar can trace its roots all the way back to 16th century Bavaria. How did the US dollar come to be one of the world’s largest and most widely-accepted currencies? Where does the value of the US dollar come from? And where is the ...

In America and many other developed countries, employees work a 40 hour work week. Many of us take that 40 hour work week for granted: we assume a 40 hour work week is the norm and always has been the norm. But it hasn’t always been that way: workers once had to fight tooth and nail for the right to ...

Online stock trading has brought the ability to participate in financial markets to nearly every person in the U.S. We tend to take for granted how quickly we can process our trades, how low the fees are, and how we rarely encounter the types of scams that dominated the stock market in decades and centuries past. What’s more, these innovative ...

In the last 50 years, millions of people who were once dependent on men have been able to earn their independence. We may take it for granted that women are allowed in workplaces around the world today. But it wasn’t long ago that women had to fight for their right to earn a living. Today, the battle is far from ...

Small businesses provide the fuel for the engine of modern economies. Today, some of the world’s largest corporations started out as small businesses. McDonald’s, for example, started out as a single hamburger stand in San Bernardino, California. Walmart was originally a store called Walton’s 5 & 10 in the town of Bentonville, Arkansas (population 2,900 at the time). Today, approximately ...

Entrepreneurship is defined as the process of starting a business. Today, entrepreneurs are romanticized as being the cornerstones of a successful capitalist economy. But where did entrepreneurship begin? Who were the first entrepreneurs? In a global economy dominated by big businesses, what does the future hold for entrepreneurship? Today, we’re going to tell you everything you need to know about ...

Voice over Internet Protocol, abbreviated VoIP, is a fairly recent technology. It goes by many names, including Voice Over Broadband (VoBB), Internet Telephony, IP Telephony, and broadband phone. The advent of the Internet brought with it an abundance of innovation regarding communication. Of course, there was email in the beginning, but then people started wondering whether they could communicate in ...

The mid-1990s were the cradle of many of today’s top job websites. There was a mad rush for developers to push their unique spin on the modern day, online job search, and hundreds of sites exploded onto the market as part of the dot-com boom. By the 2000s, things settled down as companies continuously merged and competed to add the ...