DIRECTORY

The global economy continued to grow during the early to mid-20th century, despite two world wars and the Great Depression of the 1930s. This expansion helped establish mass production worldwide, and many entrepreneurs founded conglomerates involved across multiple sectors.

Henry Luce

(1898–1967)

Born in China to US missionaries, Henry Luce started his journalistic career in Chicago. In 1921, he worked at the Baltimore News with old friend Briton Hadden, with whom he formed Time, Inc., in 1922, along with another friend Robert Livingston Johnson. The next year, they published the first issue of Time, a weekly news magazine. In 1929, Luce founded business magazine Fortune before buying ...

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