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This Week in Business History for June 28th: The History of the U.S. Interstate Highway System
28th June 2021 • This Week in Business History • Supply Chain Now
00:00:00 00:19:25

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In this episode of ‘This Week in Business History,’ host Scott W. Luton relates true stories marking notable anniversary dates this week, including:

Featured Event: June 29, 1956: Federal Aid Highway Act of 1956 was signed by U.S. president Dwight D Eisenhower. The bill allocated $26 Billion in funding and succeeded where prior legislation had failed because it assigned a responsible party: the federal government covered 90% of the cost. Less than 2 months later, the work got underway, breaking ground in Missouri.

July 1, 1874: The first commercially successful typewriter was made available for sale. It introduced the ‘QWERTY’ keyboard.

June 30, 1953: The first Chevy Corvette rolled off the assembly line in Flint, Michigan. General Motors hand-made 300 Corvettes that year, a number that would increase to nearly 4,000 the next year.

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