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Economics Hundred Years Timeline-Heil
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William Mckinley wins second term
With Theodore Roosevelt in the second spot on the ticket. Defeating William J. Bryan. -
William Mckinley assasinated, Theodore Roosevelt becomes president
Czolgosz had lost his job during the economic Panic of 1893 and turned to anarchism, a political philosophy whose adherents had recently killed foreign leaders. Czolgosz shot McKinley twice as the President reached to shake his hand in the reception line at the temple. Vice President Theodore Roosevelt succeeded him. -
Knickerbocker Crisis
A banking panic erupts when New York's Knickerbocker bank fails. Depositors rush to withdraw their bank savings, causing the collapse of 246 other U.S banks. Financier J.P Morgan, whose own bank is threatened, calls upon banking friends to prevent failure of the U.S -
The assembly line developed by Henry Ford
The assembly line developed by Henry Ford becomes famous through the social ramifications of mass production, including the affordability of the Ford Model T and the introduction of high wages for ford workers. -
Federal Reserve Act
Created to avert further finacial panics. The fed, as it would now be called, is to act as a lender of last resort. The 16th amendment to the constitution is passed, empowering congress to levy a direct income tax on U.S citizens. -
The 18th Amendment
Advocating prohibition of alcoholic beverages throughout the United States. It is sent to the states for passage by the U.S congress. -
League of Nations
Established with the ratification of the treaty of Versailles, ending the hostilities of the first World War. Nine days later the U.S senate votes against joining the league. -
Women have the right to vote
The 19th amendment granted universal women's suffrage. Also known as the Susan B. Anthony amendment, in recognition of her important campaign to win the right to vote. -
Black Tuesday
the Stock Market Crash of 1929, began in late October 1929 and was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its fallout.The crash signaled the beginning of the 10-year Great Depression that affected all Western industrialized countries. -
Franklin Delano Roosevelt takes over presidency.
Franklin Roosevelt defeats Herbert Hoover to become the 32nd President of the United States, receiving 57.4% of the popular vote. -
The New Deal
the government instituted a series of experimental projects and programs, known collectively as the New Deal, that aimed to restore some measure of dignity and prosperity to many Americans. More than that, Roosevelt’s New Deal permanently changed the federal government’s relationship to the U.S. populace. -
The Emergency Banking Act of 1933
Franklin Delano Roosevelt stops a run on the banks by declaring a four-day bank holiday and abandons the international gold standard. Congress passes the emergency banking act. -
Pearl Harbor
The U.S shifted into a full-fledged war economy, and factories were quickly transformed to build military equipment. To facilitate this transformation, controls were imposed on the allocation of resources and the types of products produced. -
Normandy inavasion
Occured when one hundred and fifty five thousand troops including american forces and those of eleven other nations. Allied soldiers stormed the beaches of France to begin the World War 2 invasion of Europe that would lead to the liberation of Paris. -
Franklin D. Roosevelt dies
President Roosevelt dies of a stroke and is succeeded by his vice president, Harry Truman. Truman is the leader fighting World War 2. -
The inaguration of trans-continental tv
The broadcast of Harry Truman's speech at the Japanese peace treaty conference in San Francisco. The treaty would be signed on September 8th by the us, Japan, and forty-seven other nations. -
Dwight D Eisenhower elected
Popular due to his role in winning World War 2 as European Commmander, gains an easy victory over Democratic challenger Adlai E Stevenson. -
Racial segregation is unconstitutional
Racial segregation is declared unconstitutional by the U.S supreme court in brown vs. the Board of Education. The ruling of the court stated that racial segregation violated the 14th amendment's clause that guaranteed equal protection. -
The National Flag
The fifty star flag of the U.S is debuted in Philadelphia and Pennsylvania. Reflecting the admission of Hawaii into the union in 1959. -
Cuban Missile Crisis
In response to the Soviet Union building offensive missiles in Cuba, President F. Kennedy orders a naval and air blockade of military equipment to the island. An agreement is reached with soviet premier Khrushchev on the removal of the missiles. -
The Voting Rights Act
Signed into law by president Lyndon B. Johnson. Two significant portions of the act, the outlawing of the requirement of potential voters to take a literacy test in order to qualify and the provision of federal registration of voters in areas with less than 50% of all voters registered. -
Election of Nixon
President Richard M. Nixon beat his democratic challenger George S. Mcgovern, winning 520 electoral college votes to Mcgovern's 17. However, this election was the beginning of the end for the presidency of Nixon. -
Microsoft
Microsoft becomes a registered trademark. One year after it's name for microcomputer software is first mentioned by Bill Gates to Paul Allen in a letter. -
Nuclear Proliferation Pact
Fifteen nations, including the United States and the Soviet Union, sign a nuclear proliferation pact. Which slowed down the spread of nuclear weapons around the world. -
Presidency of Ronald Reagan
Raegan beats Jimmy Carter and independent candidate John B. Anderson. The victory in the electoral college was 489 to 49. -
Tax cut legislation
Proposed by Ronald Raegan, the largest in history, is passed by both houses of the U.S congress. It would reduce taxes by 750 billion over the next five years. -
Bill to eliminate the practice of busing
The senate passes a bill that virtually eliminated the practice of busing to achieve racial integration. -
The 27th Amendment
Passed two hundred and two years after it's initial proposal. It bars the United States congress from giving itself a midterm or retroactive pay raise. This amendment had been originally proposed by James Madison in 1789. -
The World Trade Organization
This organization replaces the General agreement on Tariffs and trade formed from a series of post war treaties on trade. The world Trade Organization is more highly structured. -
U.S congress passes legislation
The Iraq liberation act, that states the U.S wants to remove Saddam Hussein from Power, and replace it with a democracy. -
Election of George Bush
Certification of the electoral college victory of the 2000 United States Presidential election in the U.S senate confirms George W. Bush as the victor. -
History of the U.S flag
The fifty star flag of the United States of America becomes the longest flying flag in American History after flying over 47 years. -
Election of Barack Obama
Obama wins a landslide margin in the electoral college, 365 to 173 over John McCain. Making him the first African American president in the history of the United States of America.
