Subscribe to Entrepreneur for $5
Subscribe

A Historical Perspective

Some of the most innovative ideas have emerged during times of economic duress.

This story appears in the February 2009 issue of Entrepreneur. Subscribe »

A Historical Perspective

View the slideshow version of this timeline.







The Great Depression

1930: 3M pours profits into R&D, yielding Scotch tape.

1931: Sears Roebucks notes automobile's popularity and creates Allstate auto insurance subsidiary.

1932: Revlon launches with long-lasting nail polish.

1933: Miracle Whip is born.

1934: Campbell's Cream of Mushroom and Chicken Noodle soups are introduced.

1938: GE introduces fluorescent light bulb, which has twice the lifespan of incandescent but uses half the power.

1939: Bill Hewlett and Dave Packard establish Hewlett-Packard.

Continue Reading This Article—And Everything on Entrepreneur!

Become a member to get unlimited access to Entrepreneur.com for less than $1 per week* and support the voices you want to hear more from.*Billed annually at $49/year. Cancel anytime.