Timeline: APUSH THEME 6: BOOM AND BUST ECONOMIC DEVELOPMENT TIMELINE DATES

Period: Jan 1, 1600 to Dec 31, 2010

General Dates

Jan 1, 1606

Development of the Joint Stock Company

Aided by King James I, the virginia company was a joint-stock company created to establish sttlements in the new world.

Period: Jan 1, 1620 to Dec 31, 1690

17th Century Mercantilism

http://www.enotes.com/mercantilism-reference/mercantilism

Period: Jan 1, 1750 to Dec 1, 1825

Self-Sufficient Farms

Typical for New England famiyies to live on farms and grow there own food and be self-sufficient. average household had 6 members allowing for a lot of work to be done.

Jan 1, 1776

Adam Smith and Wealth of Nations

Description/Summary of Wealth of Nations

Period: Jan 1, 1812 to Dec 1, 1861

Growth of Manufacturing/Textile mills

Emergence of Cotton ProductionEffected by the emergence of Cotton Production...

Oct 6, 1825

Erie Canal and Canal Revolution

Was underconstruction since 1817. It was the first transportation system between the eastern seaboard and the western interior of the United States that did not require portage, was faster than carts pulled by draft animals, and cut transport costs by 95%. It fostered a population surge in western New York State. National significance of the canal systems is it is the most successful and influential human-buildt waterway and one of the most important works of civil engineering and construction

Period: Jan 1, 1875 to Dec 31, 1899

Increased Boom and Bust Cycles

Ruthless competition, monopolies, exploitation of workers and the beginning of labor organization, government pro-business,inequality of income, farmers suffer

Period: Jan 1, 1875 to Dec 31, 1925

Reforms

Interstate Commerce Act: was designed to regulate the railroad industry, particularly its monopolistic practices.
Sherman Antitrust Act: Prohibits certain business activities that reduce competition in the marketplace, and requires the US fed gov't to investigate and pursue trusts, companies, and org suspected of being in violation
Federal Reserve System: The central banking system of US.

Jan 1, 1920

Roaring Twenties

Age of dramatic social and political changes. More Americans lived in cities than on farms. Nation's total weath more than doubled. Swept many Americans into an affluent but unfamiliar "comsumer society".

Oct 26, 1929

Wall Street Crash, Great Depression, Mobilization for WWII

Was the most devastating stock market crash, signaled beginning of the Great Depression
Lasted 10 years and affected all Western industrialized countries -Ended in 1941 the onset of american mobilization for WWII at the end of 1941