Detroit: Prosperity to Bankruptcy


The original “Motor City”, better known as Detroit, started as a fort in the middle of the wilderness. Detroit was founded by a French settler with the name of Antoine Laumet de Lamothe Cadillac, and the fort was named for the rivers. The word “Detroit” is actually French for the word “strait”, accurately named after the rivers of the city itself. Although the city was originally founded in 1701, in 1760 the British took over the fort in a victory, under siege by the Ottawa Indian Chief Pontiac. However, by 1796, Detroit was under U.S. control. Although the city of Detroit started out rich in industry, it has recently declined and filed bankruptcy as of 2013.

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