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