Business Cycles in American History

  • World War I

    World War I
    Germany and Austria-Hungary were fighting Britain,Italy,Russia and France. Almost 130 navies died when a submarine sank the British ocean liner. The President was Woodrow Wilson who ordered all fighting to stop. The fighting stopped momentarily but soon resumed again.
  • The Great Depression

    The Great Depression
    Businesses and factories shut down,farmers were not growing many crops to harvest to provide food for there families. By November 1932, 20 percent of Americans were unemployed.
  • 9/11/2001

    9/11/2001
    A series of cordinted suicide attacks on the United States. 19 terrorists hijacked 4 airplanes and crashed them into the World Trade Centers which killed everyone on board. The death toll attack was 2,995 which includes the hijackers.