Big Business That Started During Recession


Disney

business that started during recession, disneyDisney was founded in 1923 by two brothers Walt and Roy Disney as Disney Brothers Cartoon Studio. However, the company truly found its identity in 1929 as was renamed as Walt Disney Production when the U.S. was undergoing a recession and the extensive new tariffs and other factors contributed to an extremely deep depression. The turning point happened when they introduced Mickey Mouse, which propel the company to new heights.

Today, the company values more than $41 billion in revenue and offers cable programming, films, television, theme parks and websites.