I'd like to add one more issue to the discussion. The Industrial Revolution changed the concept of work in America on several levels. First, as productivity advanced, so did the need for more workers and more work hours. More people entered the workforce than ever before, actually causing a nationwide shift in polulation from the rural to the more urban areas, where the jobs were.
The State Children's Health Insurance Program, or SCHIP, was established by the federal government ten years ago to provide health insurance to children in families at or below 200 percent of the federal poverty line.
In eight weeks, Allen and Gates were able to demonstrate their program to MITS, who agreed to distribute and market the product under the name of Altair BASIC. The Altair deal inspired Gates and Allen to form their own software company. Microsoft was started on April 4, 1975, with Bill Gates as the first CEO. On July 29, 1975, Bill Gates used the name Micro-soft in a letter to Paul Allen to refer to their partnership.