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Start of the US economy
The U.S won their independence and created their own economy. -
The first bank was created
The first bank was proposed by Alexander Hamilton to help the Government with Federal funds and taxes. -
Sliver Dollar created
These coins are pretty rare and have been updated to now be gold. -
Creation of the second U.S. bank
This was built in Philadelphia, Pennsylvania . It was called Hamiltonian national bank. -
The Coinage Act
This made the one cent coin legal to use. -
Creation of the Secret Service
The Secret Service is used in economics to check for counterfeit bills. -
The Bureau of Engraving and Printing is built
This building was made to print and make all U.S. currency. -
Federal Reserve Created
The Federal Reserve was created to respond to multiple financial crisis's. -
Period: to
The Great Depression
The Great Depression is when the stock market crashed, and many people went into unemployment. It ended at the start of WW2, when many jobs were created for military purposes. -
Wall Street crash of 1929
This is also known as Black Tuesday, and lead to the start of the Great Depression.