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First slaves came to america
Slaves were very efficient for the land owners of this time. A person could achieve a much higher profit with workers who didn't require pay and would work way more then the average worker today. This concept of slavery would carry on for hundreds of years. The more money a person could obtain would mean that they could get more land and could expand their business further. -
Population of America reaches 51,000
The more people that are living in a certain area means that there is more demand. This means that there is more opportunity for a business man to reach out to more people and achive a higher profit. Also the fact that there is more people means that there is more ideas. -
Benjamin Franklin invented electricity
The invention of electricity was at the time almost unsuccessful, but would soon be one of the most desirable amenities of the time. -
Boston Tea Party
The American were getting taxed too much for tea so they had this rebellion to attempt to overturn it.This effects the economy because there was a reason why Britain needed money and that was because of wars. -
The Louisiana Purchase
The Louisiana Purchase has affected the economy because of the land that the united states obtained that much land for farming which is a big part of the economy. -
American System
It was created by Henry Clay in 1824 to help stabilize the country. The plan called for a protective tariff to be put in place for manufacturing, a new federal band, and improvements in transportation. This was a symbol of nationalism felt throughout America following the War of 1812. -
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Panama Canal is built
The building of the panama has made it way easier for opposite sides of the world to ship goods as well as make medicine. -
Beginning of the Great Depression
At this point in history the stock market crashed and the american people where deviated financially. This point showed how dependent we are of money. -
Wall Street Crash
This crash has effected the market as well as the economy because of the turmoil it has created -
The New Deal
At this time, this appeared to be a great option for everyone, but as time panned out, this has effected the United States Economy the most. -
The End of the Great Depression.
Now the people of America have made it out of these 10 years of hell and now find themselves about to enter the worst experiment of American history. -
First iPhone made
Steve Jobs has advanced the world standard of technology and moving the world to another stage both mentally and financially
