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Minimum Wage increases
Minimum wage is increased from 75 cents to $1 per hour. -
Disneyland
This is the day Disneyland was created!!!!!!! -
Stock Market Suffers
Stock Market Suffers as a result of the President's heart attack, the
stock market suffers. The market that had seen stocks triple on Wall Street in the previous seven years went into a tailspin. -
Rosa Parks incites Montgomery Bus boycott
It was the first example of the economic clout that the community had because eventually, the bus company had to desegregate their buses or face serious financial difficulties as very many black Americans used the buses. -
Interstate Highway Act
The government gave the “okay” to build an interstate. From this people were allowed to transport goods quicker across the country and that reduced cost of the overall price. -
Eisenhower Doctrine
Under the Eisenhower Doctrine, a country could request American economic assistance/aid from U.S. military forces if it was being threatened by armed aggression from another state. -
Civil Rights Act of 1957
The goal of the 1957 Civil Rights Act was to ensure that all Americans could exercise their right to vote. The U.S. Congress approves the first civil rights bill since reconstruction with additional protection of voting rights. -
Explorer one
Explorer I, the first U.S. space satellite, is launched by the Army at Cape Canaveral. It would discover the Van Allen radiation belt. We were one step closer in the space race. -
National Defense Education Act
This act funded education institutions at all levels. -
Get American moving again
John F. Kennedy’s campaign promised to “Get America moving again” which he referred to as the American economy. -
Stock Market
The stock market was falling and unemployment still hovered at 7%. This showed instability in America’s economy. It was thought that there was a rapid growth of loans and bank credit. -
President Kennedy Assassination
This is the day president Kennedy was killed in his car in downtown
Dallas -
U.S in Vietnam War
The Vietnam War was responsible for a heavy strain on the financial resources of the US economy. -
MLKJ Assassination
This is the day MLKJ died -
Man on the moon
Mission commander Neil Armstrong and pilot Buzz Aldrin land on the moon. The U.S. economy spends a lot of money to make this happen. -
26th Amendment
The 26th Amendment is ratified, allowing 18-year-olds to vote.