1939 Economy & Business Events — Verified Historical Highlights
1939 Economy & Business Events — Verified Historical Highlights | TakeMeBack.to
- 01 Jan Hewlett-Packard Founded: Hewlett-Packard (HP) was founded in 1939 by Bill Hewlett and Dave Packard in a garage in Palo Alto, California. The company became a leading technology firm, known for its innovations in computing and printing. source: hp.com
- 13 Jan Belgium-Franco Trade Treaty: On January 13, 1939, Belgium and France signed a trade treaty aimed at strengthening economic ties between the two nations. This agreement was part of broader efforts to enhance cooperation in the pre-war period. source: belgium.be
- 22 Feb British Cabinet Authorizes Massive Military Aircraft Production: On February 22, 1939, the British Cabinet made the unprecedented decision to authorize military aircraft production to maximum levels without regard to cost, in response to the growing threat from Nazi Germany. source: en.wikipedia.org
- 09 Mar United States-Brazil economic cooperation agreement: On March 9, 1939, the United States and Brazil signed a series of agreements through which the Brazilians received economic assistance. source: en.wikipedia.org
- 23 Mar Romania-Germany Economic Agreement: On March 23, 1939, Romania and Germany signed the German–Romanian Treaty for the Development of Economic Relations between the Two Countries. This agreement established German control over most aspects of the Romanian economy, leading to Romania's eventual alignment with the Axis Powers. The treaty was ratified on December 20, 1939, and became effective on January 20, 1940. source: en.wikipedia.org
- 30 Apr Bronx–Whitestone Bridge Opens: The Bronx–Whitestone Bridge was completed, connecting the New York City boroughs of the Bronx and Queens. This infrastructure project enhanced transportation and urban connectivity in New York City's expanding metropolitan landscape.
- 16 May First US food stamp program launch: On May 16, 1939, the first US food stamp program was launched, aiming to provide food assistance to low-income individuals. source: history.com
- 20 May First Regular Transatlantic Airmail Service Launched: On May 20, 1939, Pan American Airways inaugurated the first regular transatlantic airmail service, connecting New York and Lisbon. This service marked a significant advancement in international mail delivery, reducing transit times between the United States and Europe.
- 07 Jul SeAZ Automotive Company Established: SeAZ, the Serpukhov Automobile Plant, was founded in Serpukhov, Russia, on July 7, 1939, by order of the People's Commissariat for General Automotive Industry and the head of Glavmotoveloprom, focusing on the production of small-capacity motorcycles. source: en.wikipedia.org
- 25 Aug U.S. Grazing Service Establishment: The Division of Grazing is officially renamed the U.S. Grazing Service, likely as part of ongoing land management and agricultural policy reforms during the late 1930s.
- 15 Nov First unemployment check issued: On November 15, 1939, the first unemployment check was issued in the United States as part of the New Deal programs. This marked a significant development in social welfare and economic policy during the Great Depression. source: ssa.gov
- 02 Dec LaGuardia Airport opens in New York City: LaGuardia Airport, located in East Elmhurst, Queens, New York City, opened on December 2, 1939. It was dedicated on October 15, 1939, and began operations on December 2 of that year. source: en.wikipedia.org
- 31 Dec Dutch National Debt Milestone: The Netherlands' national debt reached a significant figure of 4,218,553,180.99 gulden, reflecting the economic challenges of the pre-World War II era.
What happened in 1939?
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