Good Ol' Days Project Timeline 1900-1917

  • Inflation- 3.6%

  • GDP- 37.4

  • Girl Scouts of America is Founded

  • Period: to

    Interest Rate

    maintained around 4.2%
  • Period: to

    Government Taxes and Spending

    the federal government was extremely small compared to today’s standards & during peacetime, it usually balanced its budget or ran surpluses
  • Inflation- 2.4%

  • GDP- 39.1

  • Grand Central Terminal in New York City Opens

  • First Moving Assembly Line is Introduced

  • Inflation- 1.3%

  • GDP- 36.5

  • First US Income Tax

  • President Woodrow Wilson Announces US Neutrality in WWI

  • Inflation- .9%

  • GDP- 38.7

  • First Telephone Conversation in the US

  • Inflation- 7.7%

  • GDP- 49.6

  • Inflation- 17.8%

  • GDP-59.7

  • America enters WWI

  • The First US Troops Arrive in Europe to Assist European Allies in WWI