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Period: to
Changes in Economy
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Agricultural Industry
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Treat of Paris
Global Economy was born -
American Constitution
The writing of the Constitution allowed borders to open and trade to become free flow trades. The economy was still growing. -
Industrial-First Cotton Mill
The first cotton mill production began in 1790. While industrialization was coming around, the country still had a strong agricultural core. The economy was still going up from there. -
Whiskey Tax
The unpopular tax on whiskey helped pay the national debt established by the Revolutionary War. Because of the debt being paid off the country's economy is rising. -
The Railroad
In the 1840's the railroad was in production taking over the economic troubles. -
California Gold Rush
Because of the Gold Rush and the Civil War the economy had shifted completely throwing off the balance of our economy. -
Transcontinental Railroad
The railroads officially became the driving econmic force. Our country was on the uprise. -
War Revenue Act
Taxes became higher than ever and money was having less value. The country now starting to sink even lower. -
Great depression&WWII
25% of workforce failed and over 40% of the banks failed. The Great Depression was the largest econmic fail the country had ever faced. The economy crashed and since has not been the properous country we once were. -
Federal-Aid Highway Act
During this act suburbs blew up and as a result the America was developing an extensive infastructure to match it's wealth.
