Abstract black 674432

Business Cycles in American History

  • The WW1 Effect

    The WW1 Effect
    Technology took a change. Economic wise, there was an increase in plenty of things such as mass production, and the production of cars and airplanes. Although it was a war, good things follwed in its presence.
  • Gas Crisis

    Gas Crisis
    Left with no gasoline, countries were facing what was known as a oil embargo. OPEC responded to the United States decision to help Isreali military get more gas. With such a high need for crude oil, it was easy to run out.
  • September 11

    September 11
    Since 9/11, there has been a great affect in the air lines. Many people have gained the fear of riding on an airplane. The numbers lost in dollars in New York was also extremlely at 16.9 billion dollars in damages. There was also a lost of more than 100 thousand jobs.