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Joint Stock Company
Companies would join in order to create colonies in new world. -
17th Century Mercantilism
Capitalism in the colonies. -
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Self-Sufficient Farms
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Adam Smith and Wealth of Nations
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Growth of Manufacturing/Textile Mills
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Erie Canal & Canal Revolution
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Boom and Bust Cycles
Ruthless Competition, monopolies, exploitation of workers, labor organizations, government was pro-business, inequality of income, farmers suffer -
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Economic Reform
Interstate Commerce Act, Sherman Anti-Trust Act, and Federal Reserve System -
Roaring 20's
Good Economic Times -
Great Depression
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Period: to
Post-War Economic Boom
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Great Socierty & War on Poverty
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Inflation and Nixonomics
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Arab Oil Embargo
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Reagenomics
Growth of Nat'l Debt, trade imbalence, & increase global competition -
Period: to
Economic Slump
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Period: to
The Great Recession