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1907 Financial Panic
A bank panic that occurred in October 1907. NYSE fell by almost 50%. -
Federal Reserve established
Dec 23, 1913 -
World War I begins
Jul 28 1914 – Nov 11 1918 -
19th Amendment gives women the right to vote
Aug 18 1920 -
Roaring 20s
Economic expansion, Prohibition (1920-1933), and the Jazz Age -
Stock Market Crash
Black Tuesday - Oct 29 1929. By 1932, stock prices have declined by 80%. -
Great Depression
Oct 1929 – 1939 -
Social Security bill signed by FDR
President Franklin Delano Roosevelt signs Social Security bill into law on Aug 14 1935 -
World War II
Sep 1 1939 – Sep 2 1945 -
Bretton Woods Agreement
System for monetary and exchange rate management established at United Nations Conference in New Hampshire -
Civil Rights Movement
1954-1968 -
Vietnam War
Nov 1955 – Apr 1975 -
President Kennedy assassinated
Nov 22 1963 -
Martin Luther King Jr assassinated
April 4 1968 -
US abandons Gold Standard
US officially abandons the gold standard. US dollars no longer backed by actual gold. -
Watergate Scandal
Watergate break-in occurs in 1972. President Nixon impeached in July and resigns in Aug 1974. -
Stagflation
1974-1982: High oil prices, Inflation, Unemployment, and Recession -
Dot Com Bubble
1995- March 2000 -
Euro launched
A major new currency, the Euro, is launched by 11 European nations -
Housing Bubble
2002-2007 -
Global Financial Crisis
Late 2007- Early 2009. From Oct 2007 high to March 2009 low, stock prices decline by 54%.
