Joseph Stalin was dictator of the Union of Soviet Socialist Republics from 1929 to 1953
Congressman Jack Kemp was critical of President Ronald Reagan's early economic policies. Kemp felt that there was, under Reagan, an unreasonable tax on labor. Over time, Kemp and Reagan began to see eye to eye on economic issues, and revised the tax code - so it encouraged labor over machinery - in accordance.
Henry Ford's revolutionary advancements in <u>assembly-line</u> automobile manufacturing made the Model T the first car to be affordable for a majority of Americans.
The federal government established the interstate Commerce Commission to supervise the performance of the railroad industry. Railroads were the first industry to be regulated by the federal government.
