“The question became one of who owned the streets. Today we think of streets as a place for cars. Back then, however, ownership was in transition at best – if anything – the streets belonged to pedestrians.”
– Kelly Barner, Dial P for Procurement
In this edition of This Week in Business History, Kelly Barner remembers key innovations, inventions, and firsts that took place between August 2nd and the 6th. In our main story, we learn about the installation of the first electric traffic light and how the road went from being the domain of pedestrians to a throughway for cars. We’ll also learn about the release of the TRS-80 personal computer by Radio Shack and the establishment of the first Federal income tax.
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