Since the creation of the first mutual fund in 1929, the mutual fund industry has enjoyed the fastest growth rate of the financial investment industry.

The music industry has brought listeners numerous types of music in various, changing formats.

American-based multinationals have contributed to the growth of the U.S. economy by acquiring greater access to foreign markets and increasing international sales.

With federal controls on greedy, corrupt, and unlawful business practices ineffectual at best and nonexistent at worst, a wave of muckraking journalism arose during the late nineteenth century.

The motion-picture industry, part of the greater entertainment industry, employs vast numbers of people in the creation and distribution of its products.

Morris Plan banks allowed Americans of limited economic means to build credit.

Morgan exercised tremendous economic power through J. P. Morgan and Company, the nation’s most prosperous private banking house; a railroad empire built by reorganizing bankrupt lines and gaining a controlling interest in many of the nation’s major lines; and the United States Steel Corporation, then the world’s largest business.

Montgomery Ward pioneered mailorder retailing during the 1870’s and established a company that later became one of the largest department store chains in the United States.

Federal monetary policy exerts a powerful influence on aggregate demand for goods and services and thus on output, prices, interest rates, and foreign-exchange rates.

In addition to draining nearly onehalf the continental United States, the Mississippi-Missouri River system was historically the principal transportation artery of the Midwest.

Before the establishment of the national mint, the United States had to depend on foreign or individual states’ coins.

One of the first significant government restrictions placed on American industry, the minimum wage permanently altered the dynamic between employer and employee by guaranteeing a basic level of compensation for most workers.

The abundance of mineral resources available in the United States has allowed the rapid growth of American businesses to meet domestic needs and enabled the country to become a global force.

President Eisenhower dedicated his farewell address to a warning about the dangers represented by the “military-industrial complex.”

The Mexican War resulted in Mexico ceding an area fromTexas to California to the United States, extending the country to the Pacific Coast and immensely increasing its territorial assets and economic potential.

Akey to modern Mexican-U.S. trade relations lies in the 1994 North American Free Trade Agreement, more commonly known as NAFTA, which was signed by the United States, Mexico, and Canada.

Because the metric system is in common use in all major countries except the United States, American businesses are at a serious disadvantage in marketing a wide variety of products abroad.

As the variety of business mergers became more complicated, a new industry arose from businesses designed to provide specialized accounting and legal and financial expertise that would facilitate all manner of reorganizations.

Medicare and Medicaid have had positive impacts on the health care, insurance, pharmaceutical, and related industries, as well as on states’ economies.

From its earliest beginnings during colonial times to the second half of the nineteenth century, the meatpacking industry in the United States underwent steady development, always moving westward along with shifting human settlement.

The Marshall Plan helped reopen the wealthy foreign markets of Europe to American products.

Since the early twentieth century, a wide variety of management theories have been offered to solve the principal-agent problem so that important objectives of business managers can be achieved.

The magazine industry was one of the major disseminators of information, cultural material, and entertainment before the advent of broadcast media.

By the mid-1950’s, automobiles and drive-in restaurants were part of the American lifestyle. McDonald’s successfully met the need for fast service, low-cost meals, convenience, and a child-friendly atmosphere.