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This Week in Business History for October 25th: The Great (Failed) Social Experiment of Prohibition Begins: The Passage of the Volstead Act
25th October 2021 • This Week in Business History • Supply Chain Now
00:00:00 00:14:43

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In this edition of This Week in Business History, Kelly Barner considers multiple ways that Prohibition – marked by a veto-overriding vote by the U.S. Senate on October 28, 1919 to pass the Volstead Act – affected American business. In addition to attempting to make American society ‘dry,’ Prohibition led to the rise of vertically integrated organized crime, an explosion of small fast-serve restaurants, and eventually helped bring the Great Depression to an end.

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