Dollarbills 401k2012

Economic Timeline

  • Witchcraft is made a capital crime in English law

    Witchcraft is made a capital crime in English law
    Government recieves money when someone is arrested/ put into jail when convicted of Witchcraft.
  • Slavery is legalized and recognized in the American colonies

    Slavery is legalized and recognized in the American colonies
    Free labour, increased their exports.
  • The Gold Rush

    The Gold Rush
    When a luchy miner in California found gold in 1848, word spread across the world, and soon thousands of people from all over the world moved to the U.S., creating a economic boost when California became a state 2 years later.
  • The Civil War

    The Civil War
    This catastrophic event occured in the late 1800s.
    *The south secceeded from the nation, and put the U.S. several years back in terms of the economy
    *The south also struggled more than the north, due to northern blockades and the lack of industrial resources
  • The Great depression

    The Great depression
    The stock markets in the U.S. crashed, Everything from trade to prices on food dropped by 50%, and the unemployment rate was above 25%
  • End of WWII

    End of WWII
    America was in a depression in the 1930s, but during and after the Second World War America recovered. In 1940, the unemployment rate was 8.1%. It was 5.4% in 1941, 2.7% in 1942, 1.1% in 1943, a remarkable 0.7% in 1944 by 1945 it was 1.1%. Manufacturing of steel, munitions, ships, alluminum, rubber, and aircraft is where many jobs were; however some of the New Deal jobs were a part of the drop in the unemloyment rate as well. The American economy after WWII improved continually until around 1973
  • Beginning Of Iraq War

    Beginning Of Iraq War
    After the al-Qaeda attack on the World Trade Center in New York, the United States has lead an attack on terrorist organizations in the Middle East, with the aid of both NATO associated and non NATO associated nations. Several estimates have shown that the US has spent between $1.5 and $3 trillion on the War on Terror since 2001.
  • Super Bowl XLVII

    Super Bowl XLVII
    The Super Bowl has a noticable effect on the economy. Grocery sales rise and create larger tax revenue, Advertisers pay more during the Super Bowl. Those who went to New Orleans bought food, drinks, lodging, beads, memorabilia, and tickets. Sports bars around the country also gathered a ton of business and revenue.