Strangeness Production via Electromagnetic Probes:. 40 Years Later

A brief review of the associated strangeness electromagnetic production is presented. Very recent K⁺Λ photoproduction data on the proton from threshold up to E_γ ^lab = 2.6 {GeV} are interpreted within a chiral constituent quark formalism, which embodies all known nucleonic and hyperonic resonances. The preliminary results of this work are reported here.