🖤 Donations of all sizes power our public service journalism Give Now

This week in business historopoly

Stacey Vanek Smith Nov 6, 2006
HTML EMBED:
COPY

This week in business historopoly

Stacey Vanek Smith Nov 6, 2006
HTML EMBED:
COPY

TEXT OF STORY

MARK AUSTIN THOMAS: Time to open the vault and take a look at this week in business history. What’s this? A flat iron, a top hat and a thimble . . .

[ Rolling dice ]

STACEY VANEK-SMITH: During the Depression, cash was scarce, so it probably wasn’t surprising that Monopoly was a smash as soon as it hit store shelves this week back in 1935.

Sure, those gold-colored $500 notes weren’t exactly money in the bank, but at least you could feel rich for a little while.

Monopoly was developed by Charles Darrow, a salesman who lost his job after the stock market crash in 1929.

He sold the patent to Parker Brothers and became a millionaire. And Monopoly went on top become the best-selling board game of all time.

The original design hasn’t changed much, but it has spawned hundreds of spin-offs.

There is Star Wars Monopoly, Spongebob Monopoly, even a 21st Century version where you get 2 million dollars for passing “Go.”

I’m Stacey Vanek-Smith.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.