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Cultivation of tobacco
In 1612 John Rolfe in Jamestown Virginia, began to import west Indian seeds to use for personal pleasure. Which transformed America into an export region. -
Currency act
Regulated the currency in the colonies of America, making it so that everyone used the same money -
Boston Tea Party
Caused a rise in taxes and eventually was one of the causes of the American Revolution -
Louisiana Purchase
Largest land purchase in US history, occurred between USA and France, this helped the U.S. acquire 828,800 of land which now consists of modern day Arkansas, Missouri, Iowa, Oklahoma, Kansas, and Nebraska; Minnesota; North Dakota; most of South Dakota; northeastern New Mexico; northern Texas; the portions of Montana, Wyoming, and Colorado east of the Continental Divide, and of course, Louisiana. The French were selling it at 3 cents an acre. -
War of 1812
British from the Canadian territories came and attacked the US, in the process burning down the White house. This boosted the ability of America to manufacture stuff. -
Gold standard starts
For about half a century money was backed by gold, you could trade in about $21 for an ounce of gold and vise versa, while unofficially the currency was backed up by gold before that, it became official in 1879 -
Lincoln killed
Riots raged through the streets and the security around the president was increased which cost money and the riots cost a lot of money in damage. -
The Prohibition
Made making all alcohol illegal due to the fact that people figured most problems were due to alcohol, and prohibition was seen as the solution to the nation's poverty, crime, violence, and other ills. The prohibition came to an end in 1933 when the 21st Amendment was ratified by most states, and also appealed the 18th amendment. One of the main reasons Prohibition was repealed was because it was an unenforceable policy, also it killed a lot of people and created a lot of gangs. -
Great Depression
The Great Depression deepens as nearly 10,000 Unites States banks fail and the the Nation Unemployment rates are at 25%. -
LA Olympic Games
This brought in many people from all over the world, which helped boost the economy, buying food, renting hotel rooms, taxis, and much more. -
Gold standard ends
Because the global gold supply grows only slowly, being on the gold standard would theoretically hold government overspending and inflation in check, but that's apparently what the government likes doing, so the abandoned it. -
Apollo 11 Launch
Marks the first time Humans were on the moon, cost the American people 355 million dollars. Start of Space exploration and voyages. Introducing new ideas and companies, ex. Space X. -
Internet made public
The internet is made available to the public. After the public release of the internet, its use skyrocketed for several reasons. It made communication much easier and reinvented the way people talk. It greatly helped electronic advertisement and helped provide jobs. The internet provides 300 billion dollars to the U.S. economy. If not for the internet, powerhouse corporations such as Google, Apple, and Microsoft may not have been created and certainly wouldn't be as profitable as today. -
9/11 Muslim terrorist attack
Not only did Islamic Terrorists crash into the Twin Towers, but they sent the American economy into a downward spiral. After the attacks on the building, the United States began its "War on Terrorism", which has cost American citizens millions of dollars and thousands of lives. This war that was started turned the American economy downward as huge sums of money went into fighting foreign countries that were believed to have terrorist activity.
