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Period: to
Agricultural Era
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Period: to
Industrial Era
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Boston Tea Party
The Americans began rebeling against the British to make their own country and economy. The British economy was really hurt by their actions. -
Treaty of Paris
The end of the American Revolution introduced the United States as it's own economic system. -
United States Constitution
Opened trade with the world and set rules and regulations. -
Invention of Cotton Gin
Led to mass production of cotton which helped the United State's economy. -
New Federal Law
Settlers can purchase up to 80 acres of land for $1.25 an acre. People began impacting the economy by selling and buying products. -
McCormick reaper invented
Helped make agriculture way easier. -
Transcontinental Railroad
Helped transport goods and services. -
Grasshopper Plague Begins
Destroyed a lot of the crops in the west. Made the agricultural businesses fail. Ruined the agricultural era of America. -
Invention of Lightbulb
Led to the ending of the agricultural era and the beginning of the business era. People could stay inside when it got dark and still get stuff done. Helped the economy. -
UPS
The UPS delivery system was invented to transport goods. It is a service oriented business -
Invention of Model T Car
The first car was invented to help transport goods and services. -
Triangle Shirtwaist Fire
Made new laws for child labor, and the fairness of the employee in businesses. -
Stock Market Crash
Led to Great Depression -
Period: to
Great Depression
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Start of World War 1
Ended the Great Depression -
first cellular phone
The first cellular phones made it easier to contact people and businesses. This led to quicker communication and helped the economy -
Period: to
Production of Services
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Period: to
Technology Era
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invention of gps
Helped people get places easier. Services and goods could be transported more easily -
Stock Market Crash
Initially led to the recession of today. Stock market crashed due to the raising of oil prices. -
Invention of mp3
The mp3 player was a big want of many people. It helped the economy. -
9/11
Many services were impacted because they were located in the World Trade Center -
Real Estate Crash
Started the recession in America. -
Period: to
Great Recession