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Tobacco
In 1612 John Rolfe in Jamestown Virginia, began to import west Indian seeds to use for personal pleasure. The tobacco seed being imported to America caused a solid trade between Jamestown and West India. It also led to trading within the colony itself. -
Currency Act
The currency act of 1751 regulated the currency in the colonies of the USA. This was to help protect merchants from Great Britian in the United States. This helped set in motion more economic growth in the Americas by creating a regulated currency and eventually helped boost the American economy leading to the revolutionary war. -
Boston tea party
The boston tea party caused a rise in taxes on tea and helped lead to the revolutionary war which created many jobs to create supplys needed to help the troops -
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American Revolutionary War
This date markes America as there own country and defeating the British. The war is believed to start in 1775 and end in 1781 but America gained their independence in 1776. This is a a huge economic event in American History because America made their own government which began our economics we have today. -
The Louisiana Purchase
The Lousiana Purchase was a transaction between the U.S.A. and France that helped the U.S. aquire 828,800 of land which now consists of modern day Arkansas, Missouri, Iowa, Oklahoma, Kansas, and Nebraska; parts of Minnesota that were west of the Mississippi River; most of North Dakota; most of South Dakota; northeastern New Mexico; northern Texas; the portions of Montana, Wyoming, and Colorado east of the Continental Divide; Louisiana west of the Mississippi River. -
War of 1812
This boosted the manufacturaing ability of the united states. -
Assassination of president Lincoln
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 -
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The Great Depression
America's worst economic time period in history. Millions of Americans were thrown into poverty. It began with the stock market crash and majority bussinesses closed. Unemployment was spewed everywhere. Took years to rebuild to what they had before the depression. -
L.A, Olympic Games
This affected our economy because it brought in many people from around the world that were able to buy for our stores and all around boost the economy -
Apollo 11
This date marks the first time that people have made it to the moon, The mission costed 355 million dollars. America had won the Space Race and beat the Soviet Union even though they were the first ones launch a satelite. -
Internet Becomes Available to the 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 ot the U.S. economy. If not for the internet, powerhouse corporations such as Google, Apple, and Microsoft may not have been created and certainly would'nt be as profitable as today. -
9/11
Not only did Islamic Terrorists crash into the Twin Towere, but they sent the American economy into a downward spiral. After the attacks on the building, the United States began its "War on Terrorism". This war that was started turned the American economy downward as huge sums of money went into fighting foreign contries that were beleived to have terrorist activity. This war with terrorism which was started because of this attacks can eventually be linked with the recession that hit the U.S.A.
