Joe's Business Project

  • Science

    The German radiochemists Otto Hahn and Fritz Strassmann discover the process of fission in uranium. Inflation: $123.24 CPI: 14.1 GDP: -3.3% GDP Per Capita: $1.078 Unemployment: -1% Interest: 3.0 Business Cycle: 13 Discount Rates: 1.5 Reserve Ratios: Going Down Government Taxes: 2% Government Spending: 10%
  • Uranium

    Albert Einstein writes President Franklin D. Roosevelt, alerting the President to the importance of research on nuclear chain reactions and the possibility that research might lead to developing powerful bombs.
    Inflation: $125 CPI: 13.8 GDP: 8% GDP Per Capita: $1.164 Unemployment: -0.5% Interest: 3.0 Business Cycle: 13 Discount Rates: 1.5 Reserve Ratios: Going down Government Taxes: 3% Government Spending: 14%
  • Plutonium

    Glenn T. Seaborg’s research group at the University of California in Berkeley discovers plutonium. Inflation: $125.9 CPI: 14 GDP: 8.8% GDP Per Capita: $1.166 Unemployment: 0.5% Interest: 2.5 Business Cycle: 13 Discount Rates: 1.5 Reserve Ratios: Going down Government Taxes: 3% Government Spending: 17%
  • Pearl Harbor

    The Japanese attack Pearl Harbor. The United States enters the war. Inflation: $124.11 CPI: 14.7 GDP: 17.7 GDP Per Capita: $1.490 Unemployment: 0.5% Interest: 2.4 Business Cycle: 13 Discount Rates: 1.5 Reserve Ratios: Going down Government Taxes: 1% Government Spending: 15%
  • Atomic Bombs

    President Roosevelt instructs the Army to take responsibility for construction of atomic weapons complex. The Army delegates the task to the Corps of Engineers. Inflation: $111.46 CPI: 16.2 GDP: 18.9% GDP Per Capita: $1.772 Unemployment: 1.25% Interest: 2.25 Business Cycle: 8 Discount Rates: 1.05 Reserve Ratios: Going down Government Taxes: 1.5% Government Spending: 18%
  • Reactors

    Groves selects Hanford, Washington, as site for full-scale plutonium production and separation facilities. Three reactors--B, D, and F--are built
    Inflation: $103.55 CPI: 17.2 GDP: 17% GDP Per Capita: $2.074 Unemployment: 0% Interest: 2.0 Business Cycle: 8 Discount Rates: 1 Reserve Ratios: Going down Government Taxes: 2% Government Spending: 13%
  • Energy Research Labs

    Congress passes the Synthetic Liquid Fuels Act authorizing the Bureau of Mines to build energy research laboratories. Inflation: $134.85 CPI: 17.5 GDP: 8% GDP Per Capita: $2.239 Unemployment: .5% Interest: 1.875 Business Cycle: 8 Discount Rates: 1 Reserve Ratios: Going down Government Taxes: 1.5% Government Spending: 10%