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Agricultural
1790's - Cradle and scythe introduced--this is the year the cradle and scythe were invented making it so that people no longer had to get down to cut the feilds and they also could carrymore crop at one time. The name 'building society' stems back to the late 1700s when the first society was formed. Small groups of people pooled their savings to buy land and build houses.
this sates that the business cycle was in good condition. -
agricultutal
1793 - Invention of cotton gin--The cotton gin is a mechanical device which removes the seeds, seed hulls, and other small objects from the fibers of cotton, a process which until that time had been very labor-intensive
it had a positive affect on the products today -
agricultural
1797 - Charles Newbold patented first cast-iron plow. this helped the ecfonomy
i stated these three events becasue i feel they had the largest impact on the economy -
Industrial, Production of Services
1801: James Finley builds world's first chain suspension bridge, 70-feet wide, over Jacob's Creek, Pennsylvania. Philadelphia uses steam power to provide city water supply. this was a high point for america The United States suffered through four severe depressions in the 1800s,
this sates that the business cycle wasnt the greatest in the time period. -
Industrial, Production of Services
1804: Robert Stevens builds steamboat 68 feet long, 14-foot beam, with a revolutionary, 100-tubed boiler. Oliver Evans builds his first successful 'Columbian" high-pressure steam engine. Goes on to manufacture 50 more. In same year, Evans builds his 'Oructor Amphibolis,' a steam-powered amphibious dredger. this was also a high point for america -
information technology
1826 Photography invented by Joseph Nicephore Niepce. this chaanged becasue more people were takaing pics but not in a bad way -
Industrial, Production of Services
1827: Incorporation of Baltimore and Ohio Railroad - first freight and passenger-carrying line in U.S. this was a high point for america becasue of tthe the train
I chose these three topics becasue they showed on how the economy improved with money equipment and got more industry sided -
Information Technology
1967 Automatic Teller Machine (ATM) invented by John Shepherd-Barron . this affected the nation bvecasue everyone spent a lot more money
After World War I the government became much more involved in managing the economy. Government spending and taxes as a fraction of GDP rose substantially in the 1920s and 1930s, and the Federal Reserve was established in 1914. that the period between the two world wars was one of extreme volatility. This states the economy was bad condition at the time -
informational technology
1971 E-mail invented by Ray Tomlinson . this helpped the nation and helped more people communicate
I chose these three topics becasue it best described on how the country became more modern and i feel it was a huge step with people and businesses.
