100 years of the US economy

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    100 Years of Economics

  • 18th Amendment-Prohibition starts

    18th Amendment-Prohibition starts

    Prohibited the manufacture, sale, or transportation of intoxicating liquors. EX: Wine, Beer, etc.
  • 19th Amendment-Women's Rights to Vote

    19th Amendment-Women's Rights to Vote

    Granted women the right to vote
  • Dawes Plan

    Dawes Plan

    Is a basic idea it help make Germany pay for two main reparations after WW1. First Reparation, is reducing Germany's yearly payments, and dependent based on economic prosperity
  • The Great depression

    The Great depression

    Started in 1929 and ended in 1939,
    Causes were:
    Collapse of the world trade due to Smoot-Hawley Tariff
    Government policies
    Bank Failures and Panics
    and fall of money supply
    It first began when 16 million shares of stock were quickly sold when people lost faith in the Economy.
  • Stock Market Crash

    Stock Market Crash

    On Black Monday, the DOW Industrial average declined by 13 percent, and created a "Run on the banks". A Run on the Banks was that everyone was trying to recollect all their money in the banks due to fear of Stock Market fall.
  • Dust Bowl

    Dust Bowl

    This name was given because of the drought-stricken regions of the US, and had suffered from dust storms from the 1930 to 1936. Livestock and crops had failed and brought the economy down. Families had then were migrating to cities for jobs and better conditions.
    Worst dust storm was on April 14, 1935
  • Economic Growth and Unemployment Percentages at end of the 1930s

    Economic Growth and Unemployment Percentages at end of the 1930s

    Unemployment rates
    1920-1921---5.2-8.7%
    1922-1923---4.8%
    1924-----------5.8%
    1927-----------5.0%
    1929-1930---8.9%
    Economic growth during the 1920-1930
    42%
  • Franklin Roosevelt Elected

    Franklin Roosevelt Elected

    He was elected for 12 years from March 1933 to April 12, 1945.
  • New Deal Plan by President Franklin D. Roosevelt

    New Deal Plan by President Franklin D. Roosevelt

    Was a plan to help with the great depression, such as to get the economy going again, and making the citizens of the US trust and have faith in the economy once again.
  • NRA is established

    NRA is established

    National Recovery Administration was established in 1933, and helps bring industry, labor, and government together to set fair practices and fair prices.
  • FDIC was established

    FDIC was established

    Federal Deposit Insurance Corp. To help maintain stability and public confidence in the nation's financial system.
  • Social Security Act

    Social Security Act

    Was signed to give welfare to retired workers over 65. There were so many elderly applying for Social Security that the government couldn't keep up.
  • The Beginning of WW2

    The Beginning of WW2

    It started by 1939 Nazi invasion of Poland and lasted for 6 years until Germany, Japan, and Italy were defeated in 1945.
  • Manhattan Project

    Manhattan Project

    Was a top-secret project to build an atomic bomb. This project hired over 130,000 people just to build it. Started on August 13, 1942 and ended on August 25, 1947
  • G.I. Bill of rights

    G.I. Bill of rights

    Provided WW2 veterans for funds for college, unemployment insurance, and housing.
  • Baby Boomer Gen.

    Baby Boomer Gen.

    The Baby Boomer Generation began at the start of 1946 to 1964. The Baby Boomer Generation began after the end of WW2 when there was a sudden increase in birth rates and huge amount of babies being born.
  • Cold war

    Cold war

    This war was between the two superpowers of the world, the USA and USSR. Started on March 1947 to Decemeber 26, 1991. The main reason why it ended was because of the collapse of the Soviet Union.
  • Fair Deal By Harry Truman

    Fair Deal By Harry Truman

    This plan was announced on Jan. 5 1949. This was a set of proposals by Harry Truman. He had suggested rising the minimum wages and social security programs, he also had desegregated the military using a executive order.
  • McCarthyism (Second Red Scare)

    McCarthyism (Second Red Scare)

    The Red Scare is the fear of communism or the belief of communism is invading the US. This had affected American Politics, culture, and society, it also had lasted longer than the first one which was after WW1.
  • NSC-68

    NSC-68

    This was a conclusion that the only way to beat the USSR was to have a massive build-up in conventional and nuclear arms.
  • Highway Act

    Highway Act

    Was a plan to install a Federal Aid to build highways, and etc.
  • NASA opened up for business

    NASA opened up for business

    Founded in July 29, 1958 by Eisenhower, and opened for business on Oct 1, 1958. This was to compete against the Soviets with the Space Race to get the first person on the moon, and also in direct relation to the USA national defense system. NASA stand for National Aeronautics and Space act of 1958.
  • Bay of Pigs Invasion

    Bay of Pigs Invasion

    A US invasion of the Southern Coast of Cuba to help overthrow Castro and establish a non-communist country. This plan had failed and even strengthened his position in Cuba. Started on April 17-20, 1961
  • Cuban Missile Crisis

    Cuban Missile Crisis

    For 13 days the US was very scared that their missiles would go off and hit the US which were from USSR. This was the closest and most dangerous part against the Cold war and the possibility of 2 superpowers going against one another.
  • Assassination of John F. Kennedy

    Assassination of John F. Kennedy

    Kennedy was in a motorcade in downtown Texas, and was shot by Lee Harvey Oswald.
  • Civil Rights Act of 1964

    Civil Rights Act of 1964

    This law prevents discrimination of race, color, religion, sex or national origin. This helped with voting rights, desegregation, and Equal opportunities for everyone.
  • U.S. involvement in Vietnam War

    U.S. involvement in Vietnam War

    3,500 US Marines were sent to Vietnam as the first combat troops to be there while 25K military advisors were there already.
  • Tet Offensive

    Tet Offensive

    A large coordinated attack form the Viet Cong forces and communist North Vietnam soldiers hitting a number of targets in South Vietnam. Major losses to the US. Started on Jan. 31, 1968 to Sept. 23, 1968.
  • Woodstock Fair

    Woodstock Fair

    This event which is named the Woodstock Music and Art Fair for Rock music. This event was mainly for Hippies who wanted to spread peace and love. This festival had 400K attendees and one of the largest music festivals in history.
  • 1973-1974 Oil crisis

    1973-1974 Oil crisis

    Very first oil crisis which started in October 1973 when the Organization of Arab Petroleum Exporting Countries had set an embargo on the west.
  • S&L Crisis

    This was a very slowly occurring financial disaster which failed nearly a third of all Saving and loan associations in the US. The cause for this was bad regulation to market changes, speculations, and fear of taxpayers of possible fraud in this crisis. This lasted for 15 years.
  • Recession of 1981-1982

    Recession of 1981-1982

    From July of 1981 to November 1982, there was a tight monetary policy to fight inflation. The unemployment rate was nearly 11 percent.
  • Economic Recovery Tax Act

    Economic Recovery Tax Act

    This was a major tax cut all across the US to encourage economic growth and was signed into law by Ronald Reagan
  • Garn-St. Germain Depository Institutions Act

    Garn-St. Germain Depository Institutions Act

    To ease the pressure on banks, thrifts, and insurance funds, and therefore deregulated the deposit rates new money market deposit accounts.
  • The Plaza Accord

    The Plaza Accord

    This agreement allowed the US dollar to depreciate and do currency exchange rates relative to the US dollar value versus Japanese yen or the German Deutsche mark.
  • The Tax Reform Act of 1986

    The Tax Reform Act of 1986

    This act reduced the maximum rate on ordinary income and raised tax income on long-term capital gains.
  • Stock Market Crash of 1987

    Stock Market Crash of 1987

    Black Monday was a term to describe this sudden unexpected and severe stock market crash that was overdue to a very strong Bull Market. The DOW had dropped 22.6% in a single day!
  • Exxon Valdez Oil Spill

    Exxon Valdez Oil Spill

    An Oil Tanker ship named Exxon Valdez ran against teh ground in Alaska and spilled 11 million gallons of oil into the ocean.
  • Persian Gulf War

    Persian Gulf War

    A invasion of Kuwait by the UN security council puts an embargo and sanctions on Iraq which was to defend Kuwait from being invaded. Began on Jan 16, 1991 and ended in Feb. 28, 1991
  • World Wide Web

    World Wide Web

    The first website was introduced to the world on the computer.
  • End of the Cold War

    End of the Cold War

    Some causes of the end of the cold war was the fall of the Berlin wall, the collapse of the USSR, and the unification of Germany, and also we had outspent the USSR in weapons and they couldn't catch up.
  • Clinton was elected

    Clinton was elected

    Was president from 1993 to 2001 (2 Terms). His Inauguration was on Jan, 20, 1993 and ended his term on the same day in 2001.
  • Oklahoma City Bombing

    Oklahoma City Bombing

    Terrorist attack on April 19, 1995, killing 168 people and injuring more than 500 people
  • President Trump impeachment articles

    President Trump impeachment articles

    The House of representatives had sent an impeachment vote on Jan 15, 2020, however Trump did not get impeached as president and was acquitted in the senate on Feb 5.
  • COVID-19 Pandemic

    COVID-19 Pandemic

    COVID-19 is declared by the WHO that it is a Pandemic. The next day the global markets all crashed due to poor confidence in investors.
  • George Floyd Protests

    George Floyd Protests

    A series of Police Brutality protests all over the US with the movement being called "Black Lives Matter"
  • U.S involvement with Ukraine-Russia War

    U.S involvement with Ukraine-Russia War

    The Biden Admin. gets involved and sends $350 million dollars in assistance at first.