31 Evolution of Purchasing and SCM in USA any idea about the timeline of the following events some major, some minor Industrial Revolution (1750 – 1850) Watt steam engine (1765) US Civil War (1861 – 1865) Completion of Transcontinental Railway (5/1869) WWI (1914 – 1918) WW II (1939 – 1945) Vietnam War (1964 (?) – 1975) Oil and energy crises in 70s Embargo (10/1973 to 3/1974) Iranian Revolution (1979) Trouble of US automobile industry (late 70s) $1.5 billion federal bailout of Chrysler (1979) Open-Door of China (1979) Iran–Iraq War (9/1980 to 8/1988) Collapse of Communism in Eastern Europe (1989) Disintegration of USSR (1991) First Iraq War (1991) Second Iraq War (2003)
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