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Continental Currency
Early American currency went through several stages of development in the colonial and post-Revolutionary history of the United States. Because few coins were minted in the thirteen colonies that became the United States in 1776, foreign coins like the Spanish dollar were widely circulated. Colonial governments sometimes issued paper money to facilitate economic activity. -
First National Bank
Establishment of the Bank was included in a three-part expansion of federal fiscal and monetary power championed by Alexander Hamilton, first Secretary of the Treasury. -
creation of the us mint
Mint produced its first circulating coins -- 11,178 copper cents, which were delivered in March 1793. Soon after, the Mint began issuing gold and silver coins as well. President Washington, who lived only a few blocks from the new Mint, is believed to have donated some of his own silver for minting. -
second national bank
served as the nation's federally authorized central bank[2] during its 20-year charter from February 1817 to January 1836. -
CIvil war
The south wanted indepence so they declared war. The north won -
creation of the dollar bill
needing money to finance the Civil War, Congress authorized the issuance of Demand notes -
National bank notes
From 1863 to 1935, National Bank Notes were issued by banks throughout the country and in U.S. territories. Banks with a federal charter would deposit bonds in the U.S. Treasury. -
Stock market crash of 1929
The crash signaled the beginning of the 10-year Great Depression that affected all Western industrialized countries and did not end in the United States until the onset of American mobilization for World War II at the end of 1941. 15 million people had unemployment coming to them after the banks crashed. -
50 State Quarters Program Act
The 50 State Quarters Program Act began in 1999 and ran through 2008, with five new quarters released every year. The quarters were released in the order that the states joined the union. Each quarter features a different state design on the back. -
stock market crash of 2008
A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles.
