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1886
 
    
German engineer Gottlied Wilhelm Daimler builds the first successful 4-wheel vehicle with an internal combustion engine       
1887
 
Narrative history in HistoryWorld    
The US Congress passes the Interstate Commerce Act, an early attempt to avoid the excesses of unrestrained capitalism      
1887
 
Narrative history in HistoryWorld    
January blizzard and summer drought bring to an end ten years of agricultural boom in the US midwest, prompting a new slogan – 'In Kansas we busted'      
1888
 
     
William Lever builds Port Sunlight as a model village for workers in his Sunlight Soap factory        
1888
 
Narrative history in HistoryWorld     
The Ndebele chieftain, Lobengula, grants Rhodes mining rights in what is now Zimbabwe       
1889
 
Narrative history in HistoryWorld     
Cecil Rhodes forms the British South Africa Company to push British commerce and imperial control further north       
1889
 
Narrative history in HistoryWorld    
The French Panama Canal company goes into liquidation with work still in progress      
1889
 
   
The first conference of American nations, in Washington, D.C., launches the Commercial Bureau of the American Republics (later called the Pan-American Union)      
1889
 
    
The US industrialist Andrew Carnegie argues in The Gospel of Wealth that 'the man who dies rich dies disgraced'       
1890
 
   
The Sherman Antitrust Act begins a strong US tradition of protecting the free market