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Period: to
Economics 100 year timeline
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Banking crisis
A banking panic erupts in new york when most of the banks clapse and everyone looses all there money in there bank accounts. -
federal reserve act
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assembally line
the assemblay line was made in 1914 and since then that made everything faster and better and made products cheeper -
wall street crashes
in 1929 wall street in new york city crashes and all the stocks drop in value because everyone is taking all there money and it that just makes everythign worse -
The great depression
The great depression was sometime that happened in 1932 and made everyone loose all there money and there jobs and kt went bad. -
rossavelt became presedent
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Franklin stops run and bank to make 4 day weekend
presadent franklin rosavelt stoped banks on specifick days so they wouldnt have to work through the hole week and they had a 4 day weekend -
franklin signs sciocial sacurity bill
rosanelt signed the scocial sacurity bill and made all the work out better then it was before -
world war ii
world war ii was a huge turning point for america and made everyone free -
economics leads come together for meeting to revent great depression
all the world leaders came together -
north korean war
america went in a war with north karea -
congress passes the unaployment act
becasue they passes the unemplyment ac -
12 billion dolor tax cut
there was a big tax cut fpr america -
the vietnom war
the usa and vietnom went to war for resorces and faught -
inflation
the inflation was an inflation of goods along america and was making everything alot better -
president passes landmark
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reccession
the usa hit another recessions and lost alot of buisnesses and money -
nixon makes administer impose
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isreal war
there was a war with america and isreal -
oil crisi
the usa was going under a crisis for oil so we had to partner with other contrys to get there oils -
depasitory instatution
depasitory instutute changes the law with it -
us stocks plunges ferociously
it gos dorwn from everyone takes there money out -
massive falure and savings from a depression
everyopne stocks gos down and its not good -
economic growth
the economic grow alot ad started to get better at that point -
presedent clinton put a new law out
the law is so people can take out loans -
glass seaglass act
congress repeals the 1933 glass-act -
9/11
was a terorist attack and the bigest one america -
federal reserve rescue
the government sets up and equidie program so that large buisnesses wont go out of buisness -
president obama puts out a tax cut
it changes alot to make it better so people dont have to pay as much money in it -
bush signs 150 billion dolor tax cut off
the taxe with get cut off for 10 years