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America creates it's own market economy
It created the First market ecomony as well as America's first "peak" -
Period: to
America begins
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The War of 1812
The U.S. had declared war gainst Great and other tribe sof the naitive americans which had sent the country in a peak then a recession becuase the war had boosted the economy but slowly damaged it because it ruined trade with Great and other european countries as well as our diplomatic image. -
The civil war begins
Due to drastic changes with banning laws against slavery, the United States slip mn half forming two countries, the south and the North or the Union and Confederacy. This put the country through a peak yet at the same time a trough. It was ut through a trough becuase the country and government split in half drastically Altering the economies imports and exports and GDP. It is also a peak becuase the war had fuelled the economy by having demand for factories and other industrial and infastructure -
The great depression begins
The U.S economy drastically plumits into a trough known as te great depression. -
The Great Depression begins to fade
with about 13 million unemployed workers, President Rosevelt helps turn aorund the U.S. economy around putting it through an expansion. -
America enters World War 2
America helps with world war 2 and the economy rises due to the high demend given from the war. This put the Economy through an expansion leading to a peak. -
World war two ends
The economy goes through a very light recession from the unemployment from the war ending. -
The Attack on the world trade center
The terrorist group Al quaeda had hijacked two planes and attacked the world trade center crippling our economy and trading system. It also put us to war against terroism. -
The U.S.Government Shuts down
Due to the U.S economy being in a very bad trough, perhaps the worst since the great Depression, The U.S Government shuts down to solve dangerous problems.
