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Revolutionary War Began
The Revolutionary war began. It was a fight for America's independence from Britain. The economy of the Americans at this point is still in creation. At this point our economy is becoming our own, not a part of Britain’s. -
Invention of the Interchangable Part
The invention of interchangeable parts was both good and bad, bad because a lot of skilled workers went out of business it was good because not every piece was unique and products became cheaper. -
The Louisiana Purchase
The Louisiana Purchase was a great deal for America, it doubled the size of the United States for just 220 million dollars. This helped our economy because we bought the land at a very good, cheap price. -
The Manhattan Project
The manhatten project was when the United Stated made the first atomic bomb. They used the first atomic bombs on Japan. Specificly the cities of Nagasaki and Hiroshima. If these bombs had not been dropped World War II would have kept on going untill Japan had deployed every last man. The United States might not have been able to fund the war. so it was a good thing for the United States economy and helped it to stay as a recovering economy. -
Gold Discovered in California
The gold in California helped the economy by having more of a very valuable recourse. -
pony express begines
This was very good for our economy because people could talk to each other from very far away, it would take a while but they could do it. However for them to be able to do it they first had to pay the government. -
Slavery was Abolished
Slavory all over America was abolished, making it illegal to own and sell slaves. Our economy was very dependant on the labor of slaves, They worked for nothing and worked hard from fear of punishment. The abolishment of slavery created more jobs that needed to be filled by either white people or the many jobless homeless black people that where recently reasleased from slavery. -
assasination of abe lincon
This was bad because Abe Lincon had a good take on the economy and was doing good things for it. -
The Chicago Fire
The Chicago fire destroyed millions of dollars worth of homes. From an economics stand point could have been a good thing. The city was not planned out and the fire destroyed much of the city and left lots of room for improvement which the merchants needed to supply. So the merchants definitely made a profit. -
the world fair in chigcago
The world fair had a positive influence on America’s economy. People came from all around to see our inventions and potentially buy them. There are also tourists from out of the country that will buy lots of things. -
modle T marketed.
When the ford's model T came out the economy benefited because people where buying from a business that bought their needed recourses from other businesses. -
world war one started
WWI had a positive effect on the united stated because the government had to essentially takes over all of the industries which in turn reorganized the economy. -
world war two starts
World War two was good for the economy because the Americans could unite their businesses to work for the government and the common good, which was defeating the Germans. -
great deppresion
This as a bad time for all of the economy because the stock market crashed, the people did not have any money to buy things with which in turn made the merchants not able to make any sales. -
Death of Osama Bin Ladden
The assasination of Osama Bin Ladden marked a huge turning point in the war against terror. Although the war is not officially over or coming to an end, I belive that it has helped the United States come closer to ending the war considerably. The United States will soon not have to worry about funding the war against terror, helping to bring our economy from recovery to prosperity. -
world trade center destroyed
When the world trade center was destroyed there was a negative effect on the economy due tho the huge amout of cost in damaage.
