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Period: to
1700
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Industrial Revolution Beings
Recession- factory machines replaced hand tools, and large-scale manufacturing replaced farming.
Agricultural- becuse it made it eaiser for farming
http://www.history.com/topics/industrial-revolution -
American Revolution War
Depression that turned into a Prosperity- the war was between Great Britain's and 13 North American colonies and the colonial government, This was also known as the American War of Independence. The Amercians got their independence.
http://www.history.com/topics/american-revolution -
New York Stock and Excange Board founded
Prosperity- New York City stockbrokers and merchants signed the Buttonwood Agreement, establishing the New York Stock & Securities Board, the entity now known as the NYSE. information and Techology - Gave business an opportunity to grow by and gave investors to increase their return. http://www.u-s-history.com/pages/h1806.html
http://www.endmemo.com/events/1700.php -
Second Bank of the United States opened
Prosperity- This allowed people to get loans to buy a buisness, car, homes.
Production of Services- gave people an opportunity to get their needs and wants.
http://www.u-s-history.com/pages/h256.html -
Ohio Canal opened for business.
Prosperity- Gave people an opportunity to work and make money which was good for buisness owners. On the otherside it gave people an opportunity to travel around places.
Production of services- gave people an opportunity to travel places on boat.
http://www.woodalls.com/articledetails.aspx?ArticleID=197929 -
First tax-supported public library opened, at Peterborough NH
Production of services- This gave people an opportunity to read books for free this is a good thing because the more people read the more people know whats going on in the world
This buiness cycle is proserity because it gives people an opportunity to work at the libery.
http://thehistoryprofessor.us/bin/histprof/misc/timeline7.html -
San Francisco Earthquake:
Depression- this earthquake left more than half of the San Francisco population homeless. Almost immediately, fires broke out across the city from broken gas lines and stoves that had fallen over during the shaking. The fires spread ferociously across San Francisco. Thats how it affected our economy.
Agricultural Era because it danamged a lot of our crops and aminals
http://history1900s.about.com/cs/sfearthquake/p/sfquake.htm -
WORLD WAR I ENDS
Recovery- because that everything is settling down and were not spending as much on the war. Also the troops are back home with their families.
This was an industrial because everything is getting better http://www.historyonthenet.com/WW1/end_of_war.htm -
First laptop was invented
This event is a prosperity because its a good thing to have laptops there always used for information use if its for educational purposes, business, or just for fun this improves our techology. Now we have them in our schools for everyone to have.
The laptop was invented by Adam Osborne in 1981. It was called 'Osborne 1' and cost $1,795 http://articles.timesofindia.indiatimes.com/2005-01-16/open-space/27853745_1_first-laptop-ultralite-compaq-computer -
9/11 terrorist attacks
Depression-
This is causing a lot of problems in our economy because now we have a lot of security everywhere in our airports just because of this event
http://www.infoplease.com/us/history/911-anniversary-civilian-changes.html -
U.S. Invasion of Afghanistan
Depression- The invasion was in response to the terrorist attacks launched against the United States on September 11, 2001.
October 2001 and August 2005 suffered 289 killed soldiers, including 231 Americans. Most of the American soldiers died in accidents.
This has a huge effect on our economy because America is speding a lot of money on this war though taxes. http://www.ohiohistorycentral.org/entry.php?rec=1617 -
Iraq War Starts
depression- the war is costing us up to 3 trillion dollars. Thats not good for taxpayers that also has an effect on buisnesss
