Construction Industry History
The history of the construction industry dates back to the early days of civilization, when people would trade their strength and ability to build crude structures for something else of value. As time went on, the first skilled artisans began to barter their services or accept money as payment for their construction work.
The history of the construction industry over the past 200 years has been rapidly changing, in large part due to the technological advances starting with the Industrial Revolution and the explosive growth of the global population. Construction Industry growth has been stunted in recent years due to the global economic downturn, but it stands to reason that it will increase again in the near future.
The history of the construction industry was changed with the creation of factories and improvements in metal working in the late 18th and early 19th centuries. These improvements meant there was less work that had to be done by hand, rapidly increasing the rate at which buildings could be completed. Architectural advancements also played a role in this boom.
With the creation of new materials like steel and concrete, the history of the construction industry received altered again. Concrete is a material cheap enough to be used for virtually any type of project and is strong and durable. Steel provides the strength needed for the interior of large scale building projects, with concrete providing much of the outside support that was too costly to do using brick or other older materials.
Another momentous event in the history of the construction industry occurred after World War II, when the American interstate highway system was created. This allowed for easier access to cities and the creation of suburbs, which led to a housing boom. Using generic designs and cheaper materials, houses began to be built at a furious rate around the country. The home building market has continued to grow over time, with home builders specializing in the building of certain types of houses doing business across the nation. The home building market took a beating in the late part of the first decade of the 21st century, when the home loan market collapsed on the weight of millions of defaulted loans, but is in the process of slowly recovering.
North American Palladium
The North American Palladium is a mining company whose home office is in Toronto Canada. This company is involved in the exploration of not only Palladium but also, other metals such as, gold, nickel, copper, and platitinum. The company formed in 1968 and was known as...