Economics Hundred Years Timeline Provenzano

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  • Wright Brothers Take Flight

    Wright Brothers Take Flight
    Orville and Wilbur Wright craft an airplane and are the first humans to fly. Flight becomes largely popular in the next hundred years as it was revolutionized by the Wright Brothers.
  • San Francisco EarthQuake

    San Francisco EarthQuake
    An earthquake ravages San Francisco, California. It causes a three day fire and kills more than 500 people.
  • Panic of 1907

    Panic of 1907
    The New York Knickerbocker bank fails. This causes people to go into a panic and withdraw all of their money in the bank. However, JP Morgan, a bank owner, gets other bank owners to prevent banks failing in America.
  • Babe Ruth Debuts

    Babe Ruth Debuts
    Babe Ruth, who has known as one of the greatest baseball players of all time, debuts in the MLB. Baseball becomes hugely popular in America because of players like Babe Ruth,
  • Panama Canal is Opened

    Panama Canal is Opened
    The U.S workouts a a deal where as you can go from California to New York in a shorter amount of time. Normally you would have to go around South America and it would take a much longer time without the Panama Canal.
  • America Enters World War !

    America Enters World War !
    On this date Congressional Legislators decided that the United States of America would enter WW1. The war did not end until November 11th, of 1918
  • National Football League Formed

    National Football League Formed
    The National Football League opens up originally as the American Professional Football League. Jim Thorpe is the president and there are eleven teams to start.
  • Great Mississippi Flood

    Great Mississippi Flood
    The Great Mississippi Flood happens and destroys it's way through Mississippi. It lasted until May 5th, of 1927 and affected over 700,000 lives.
  • Black Tuesday

    Black Tuesday
    In what was one of the worst days in American history, the stock market crashed on this date. Millions of people of lost their jobs, and homes. It took America years to get out of the financial hole.
  • First American Supermarket.

    First American Supermarket.
    A store in New York opens called King Kullen. It makes it easier for American's to get food at a lower price.
  • Nevada Legalizes Gambling

    Nevada Legalizes Gambling
    When the State of Nevada legalizes gambling, it later opens up Las Vegas, the capital of gambling. Thousands and thousands of people come to Las Vegas to spend money in hopes of winning more money. It is a huge tourist attraction that brings in a large sum of money.
  • Prohibition Ends

    Prohibition Ends
    President Franklin D. Roosevelt puts an end to Prohibition. Americans can once again drink alcohol legally, which brings joy and happiness to many U.S citizens.
  • USA in Huge Amount of Financial Debt

    USA in Huge Amount of Financial Debt
    In 1940 America was forty three billion dollars in debt. The stock market crash of 1929 effected the amount of debt greatly.
  • America Joins World War Two

    America Joins World War Two
    On December 8th, 1941, America entered World War 2. They entered following the Pearl Harbor attacks from Japan.
  • Jackie Robinson First Black MLB Player

    Jackie Robinson First Black MLB Player
    Jackie Robinson breaks the color barrier as he debuts for the Brooklyn Dodgers. After facing many hardships, he opens the door for so many African American Athletes.
  • American Debt Raises More

    American Debt Raises More
    America's debt goes up massively to 257.4 billion dollars.
  • Federal Deposit Insurance Act of 1950

    Federal Deposit Insurance Act of 1950
    The Federal Deposit Insurance Company made it so that if a bank failed, you would be insured up to 10,000 dollars
  • Disneyland is Opened

    Disneyland is Opened
    In Anaheim, California, Disneyland opens in California. It attracts thousands of customers, then eventually Disneyworld opens in Florida. Today Disneyworld employs the largest amount of people in America.
  • American Debt Almost Reaches 300 Billion

    American Debt Almost Reaches 300 Billion
    The amount of debt raised even more, and was now up to 290.2 billion dollars.
  • Smoking Causes Lung Cancer

    Smoking Causes Lung Cancer
    A Surgeon discovers that smoking cigarettes can give you lung cancer. This caused cigarette sales to plummet. In the next three months cigarette sales dropped 20 percent.
  • FDIC Ensures More Money

    FDIC Ensures More Money
    The FDIC passes the Credit Control Act of 1969. Deposit insurance level was upped to 20,000 dollars.
  • American National Debt Increases

    American National Debt Increases
    America goes up in debt almost 100 billion dollars in ten years. America stood at exactly 389.2 billion dollars in 1970.
  • Harry Truman Dies

    Harry Truman Dies
    Harry Truman, who was the 33rd president, passed away. He was 88 years old when he died of organ failure.
  • FedEx Opens

    FedEx Opens
    FedEx delivery is started up and makes getting all kinds of things easier. It makes businessed like Amazon thrive later on .
  • U.S Financial Debt Skyrockets

    U.S Financial Debt Skyrockets
    The United States of America debt goes up to 930.2 billion.
  • Ronald Reagan Survives Assassination

    Ronald Reagan Survives Assassination
    President Ronald Reagan was shot in the chest on this date while in his limo. Reagan survived the attack and lived until 2004.
  • Black Monday

    Black Monday
    On October 19th, 1987 the Dow Jones stock would drop over 22 percent in one day. The Federal Reserve did all the neccessary procedures to ensure that America would not go into another recession.
  • American Debt Raises To Trillions

    American Debt Raises To Trillions
    American Debt raises more than ever and is at 3.2 trillion dollars in 1990.
  • Summer Olympics Held in America

    Summer Olympics Held in America
    The 1996 Olympic Games are held in Atlanta, Georgia. People from all around the world come to America to see their counrty compete. It brings a lot of money into the area.
  • Dow Jones Closes at All Time High

    Dow Jones Closes at All Time High
    The Dow Jones Industrial Average closes at above 10,000. It marks the first time that it closes that high and is very good for the economy.
  • September 11th Terrorist Attacks

    September 11th Terrorist Attacks
    Planes are overtaken and flown into World Trade Center Buildings in New York City resulting in hundreds of deaths. The Attacks were lead by terrorist Osama Bin Laden.
  • Hurricane Katrina Strikes

    Hurricane Katrina Strikes
    Hurricane Katrina hits America and kills over 1,300 people. It destroys cities like New Orleans and is one of the worst natural disasters in American history.
  • Population of America Rises to 300 Million

    Population of America Rises to 300 Million
    America grows more in population as it reaches 300 million. It reached 200 million in the year 1964.
  • Osama Bin Laden Killed

    Osama Bin Laden Killed
    Terrorist behind 9/11 is killed by U.S Navy Seals. He was the leader of terrorist group Al-Queda, and was in hiding for over 10 years.
  • NASA Space Program Last Mission

    NASA Space Program Last Mission
    The final NASA space shuttle landed at the Kennedy Space Center. NASA began in 1981 and had 135 missions.
  • First Case of Ebola in America

    First Case of Ebola in America
    Deadly virus known as Ebola is found in America. The disease came from Liberia and West Africa. The man who had the virus in Dallas, Texas, died from Ebola.