The New York Chamber of Commerce was founded in 1768 by twenty New York City merchants. As the first such commercial organization in the United States, it attracted the participation of a number of New York's most influential business leaders, including John Jacob Astor, Peter Cooper, and J. Pierpont Morgan. The chamber's members were instrumental in the realization of several key initiatives in the region – including the Erie Canal, the Atlantic cable, and the New York City Transit Authority. The Chamber of Commerce survives today as the Partnership for New York City, which was formed from the 2002 merger of the New York Chamber of Commerce and Industry and the New York City Partnership.
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In this Dossier
- ⭐ Core Definition: Chamber of Commerce of the State of New York
- Chamber of Commerce of the State of New York in the context of Chamber of commerce
Chamber of Commerce of the State of New York in the context of Chamber of commerce
A chamber of commerce, or board of trade, is a business network, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate for the business community. Local businesses are members, and they elect a board of directors or executive council to set policy for the chamber.
A chamber of commerce may be a voluntary or a mandatory association of business firms belonging to different trades and industries. They serve as spokespeople and representatives of a business community. They differ from country to country.
View the full Wikipedia page for Chamber of commerce