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Principles of Buisness

  • Period: to

    Changes in Economy

  • Agricultural Industry

    Agricultural Industry

  • Treat of Paris

    Treat of Paris

    Global Economy was born
  • American Constitution

    American Constitution

    The writing of the Constitution allowed borders to open and trade to become free flow trades. The economy was still growing.
  • Industrial-First Cotton Mill

    Industrial-First Cotton Mill

    The first cotton mill production began in 1790. While industrialization was coming around, the country still had a strong agricultural core. The economy was still going up from there.
  • Whiskey Tax

    Whiskey Tax

    The unpopular tax on whiskey helped pay the national debt established by the Revolutionary War. Because of the debt being paid off the country's economy is rising.
  • The Railroad

    The Railroad

    In the 1840's the railroad was in production taking over the economic troubles.
  • California Gold Rush

    California Gold Rush

    Because of the Gold Rush and the Civil War the economy had shifted completely throwing off the balance of our economy.
  • Transcontinental Railroad

    Transcontinental Railroad

    The railroads officially became the driving econmic force. Our country was on the uprise.
  • War Revenue Act

    War Revenue Act

    Taxes became higher than ever and money was having less value. The country now starting to sink even lower.
  • Great depression&WWII

    Great depression&WWII

    25% of workforce failed and over 40% of the banks failed. The Great Depression was the largest econmic fail the country had ever faced. The economy crashed and since has not been the properous country we once were.
  • Federal-Aid Highway Act

    Federal-Aid Highway Act

    During this act suburbs blew up and as a result the America was developing an extensive infastructure to match it's wealth.