Business History Resource
The Home Depot
As the largest home improvement retailer in the world, The Home Depot serves millions of customers who need everything from lumber and power tools to paint, appliances, plumbing supplies, and more. What started as a bold retail idea has grown into a global brand that influences how people maintain, repair, and upgrade their homes.
In Georgia’s business history, The Home Depot stands out because it represents a modern kind of entrepreneurship: ambitious, national in scope, and rooted in the belief that company culture matters. The Home Depot grew because of what it sold, but its lasting success is found in how it approached customers, associates, and communities.
Georgia Standards of Excellence
8th Grade:
(SS8E2) Evaluate the influence of Georgia-based businesses on the State’s economic growth and development.
High School:
Fundamentals of Economic Decision-Making:
(SSEF1d) Apply the concept of opportunity cost (the forgone next best alternative) to personal choices, as well as business and government decisions.
(SSEF2) Give examples of how rational decision-making entails comparing the marginal benefits and the marginal costs of an action.
(SSEF2a) Explain that rational decisions occur when the marginal benefits of an action equal or exceed the marginal costs.
Microeconomics:
(SSEMI1) Describe how households and businesses are interdependent and interact through flows of goods, services, resources, and money.