Testing

Events

Primitive forms of banking activity in the Mesopotamian civilization

4000 BC - 2000 BC

Mesopotamian civilization: first written records of borrowing, debt and interest rates

3000 BC

Kongō Gumi, a Japanese construction company, is founded. It operated continuously until it was taken over in 2006

587

First coins produced in Lydia (now Turkey)

700

First use of banknotes recorded, in China

700

Medici Bank established

1397

Easy India Company established

1600

Amsterdam Stock Exchange established

1602

First recorded futures contracts (for rice, in Japan)

1650

John Locke’s "Two Treatises on Government" is published

1689

Gary Becker publishes Human Capital

1964

The UK introduces a National Minimum Wage

1999

The most valuable firm in the world is Apple Inc., worth over $700 billion, but with only 110,000 employees

2016