Read about events in the business world over the l...
Read about events in the business world over the last 100 years and complete the sentences with the past simple form of the verbs in the box. Check the verbs in your dictionary if necessary. begin buy crash end force form launch invent merge sign 1912 Henry Ford developed the idea of the production line to the mass produce cars. 1929 The Wall Street stock marekt (1) and ended the consumer boom of the 1920s. 1933 The 3M company (2) Scotch tape, the first self-adhesive tape. 1946 Masaru Ibuka and Akio Morita (3) Tokyo Tsushin Kogyo K,K. (late known as Sony), making tape recorders. 1957 Six European countries (4) the Treaty of Rome and founded the European Economic Community, to promote free trade in Europe. 1967 Telefunken made the first colour television, and colour broasts (5) in Europe. 1973 The first oil crisis (6) companies around the world to increase their prices. As a result, both inflation and unemployment increased dramatically. 1985 In April, Coca-Cola (7) “New Coke”. It was a marketing failure and they reintroduced “Classic Coke” two months later. 1995 The “dot-com boom” of the Internet companies began, creating “dot-com millionaries.” The boom (8) in 2000. 1999 Two oil companies, Exxon and Mobile, (9) , becoming the world’s largest company. 2005 The Chinese company Lenovo (10) IBM’s PC division.