United states federal reserve board 1917

Kyle Hansen - Currency and Federal Reserve History

By kjhansen123
  • Start of the US economy

    Start of the US economy

    The U.S won their independence and created their own economy.
  • The first bank was created

    The first bank was created

    The first bank was proposed by Alexander Hamilton to help the Government with Federal funds and taxes.
  • Sliver Dollar created

    Sliver Dollar created

    These coins are pretty rare and have been updated to now be gold.
  • Creation of the second U.S. bank

    Creation of the second U.S. bank

    This was built in Philadelphia, Pennsylvania . It was called Hamiltonian national bank.
  • The Coinage Act

    The Coinage Act

    This made the one cent coin legal to use.
  • Creation of the Secret Service

    Creation of the Secret Service

    The Secret Service is used in economics to check for counterfeit bills.
  • The Bureau of Engraving and Printing is built

    The Bureau of Engraving and Printing is built

    This building was made to print and make all U.S. currency.
  • Federal Reserve Created

    Federal Reserve Created

    The Federal Reserve was created to respond to multiple financial crisis's.
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    The Great Depression

    The Great Depression is when the stock market crashed, and many people went into unemployment. It ended at the start of WW2, when many jobs were created for military purposes.
  • Wall Street crash of 1929

    Wall Street crash of 1929

    This is also known as Black Tuesday, and lead to the start of the Great Depression.