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Economics Hundred Years Timeline - Reilly-Yahara
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US Makes Chinese Exclusion Act Permanent 1902
Prohibited all immigration of Chinese laborers. For an immigrant to stay and work, they would need certain paperwork to be filled out, sort of like a green card / visa. -
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Ford Model-T Introduced
Ford Introduces the Model T having a huge impact on America's economy.... and the atmosphere (pollution) People can now get around town faster than they were with horse and buggy. -
Oreo Cookies Introduced and Trademarked.
Oreo Cookies were introduced earlier in the year, no exact date I could find, but this is when the Oreo name was Trademarked. -
Personal Income Tax Introduced In the US
Personal Income Tax was ratified in the United States on February 3rd, 1913. -
Prohibition Ends in the US!
Prohibition ends in the US allowing alcohol to be sold, manufactured and transported. -
U.S. Enters WWI
We entered the first World War to help out our allies, Russia Italy France etc. -
First Olympic Winter Games
First Olympic Winter Games held in France, lasted about 11 days. -
First Talking Movie
First Talking Movie aired on October 6, 1927, the title of the movie is "The Jazz Singer" -
Great Depression Begins / Stock Market Crashes
The Great Depression began and the stock market crashed due to everyone selling their stocks. -
Pluto Discovered
Pluto was discovered on February 18, 1930. This was a great economic event due to all of the money spent on investigations and what not toward the "planet." -
World War 2 Starts
World War 2 starts creating many people to be available for jobs in the US and the US gets out of depression! -
Jeep Invented and Introduced
On this date, the Jeep was invented and introduced. They were immediately used in WW2. -
Japan Attacks P.H.
Japan attacks Pearl Harbor later causing the US to get involved in WW2. -
FDR Dies
One of the greatest Presidents the US has ever had dies. He is the man who brought us out of the Great Depression. -
Color TV Introduced
On this date, TV became color and this changed the world! -
Disneyland Opens!
Disneyland opens which attracts a ton of tourists each year to come and visit. -
The Sound of Music to Broadway
This old movie, The Sound of Music, comes to broadway. Many people will come to watch because of this fantastic film. -
Wal-Mart Opens
On this date, the very first Wal-Mart opened. Today Wal-Mart hsa tons and tons of customers monthly. Millions of customers yearly, and it is all American. -
US Troops Arrive in Vietnam
We landed on the shores of Vietnam on March 8, 1965 and ready for war, sort of. -
First Superbowl
The first Superbowl wasn't a big one, but today, tons of people watch the Superbowl on TV and tons try to attend. -
VCR Introduced
On this date, the VCR was introduced and now people will be able to watch movies when they want. -
Star Wars Released
Star Wars was released and it brought many fans. It also brought tons of movie props such as VCR tapes, action figures, posters, etc. Star Wars is still huge today! -
Sony Introduces The Walkman
Sony introduces the Walkman which allows people to listen to music wherever they go! -
Pac-Man Released
Pac-Man was released and I say this changed the technology world because this was pretty much the start of all video games. -
CNN Established
Changing the TV world, CNN was established by Ted Turner. -
E.T. Released
Movies changed when ET was released. People thought this was a great movie, and to this day it is still watched a good amount. -
Discount Rate Cut
Discount Rate was cut from 7% down to 6.5%. This might not seem like a lot, but it is huge! -
US Trade Deficit Explodes
Not literally, but it went up 68% and the US Trade deficit hit $12.2 Million. -
California's Unemployment Rate Drops
California's unemployment rate drops to the lowest since 1969. It went down a full 4.9%. -
California's Minimum Wage Raised
California's minimum wage increased $0.50 and went from $5.75 to $6.25. -
2008 Summer Olympic Games
The Summer Olympic Games were hosted in Beijing attracting millions of people to watch on TV and tons, possibly millions to attend.