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Period: to
Economic Timeline
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Tobacco
In 1612, John Rolfe in Jamestown Virnia, began to import west indian seeds. The tobacco seed being imported to America caused a solid trade between Jamestown and West Virginia. -
Illegalize Slavery
Rhode Island enacts the first law in the colonies declaring slavery illegal. It created more econimic growth because now that the whole poplation had rights and were able to purchase things, more consumers=more profit -
The Currency Act
The currency act of 1751 regulated the currency in the colonies of the USA. This was to help protect merchants from Great Britian in the United States. This helped set in motion more economic growth in the Americas by creating a regulated currency. It eventually helped boost the American economy leading to the revolutionary war. -
Boston Tea Party
The boston tea party caused a rise in taxes on tea and helped lead to the revolutionary war. That supplied many jobs to create the supplys needed to help the troops during the war. -
The Louisiana Purchase
The Lousiana Purchase was a transaction between the U.S.A. and France that helped the U.S. aquire 828,800 of land which now consists of modern day Arkansas, Missouri, Iowa, Oklahoma, Kansas, and Nebraska; parts of Minnesota that were west of the Mississippi River; most of North Dakota; most of South Dakota; northeastern New Mexico; northern Texas; the portions of Montana, Wyoming, and Colorado east of the Continental Divide; Louisiana west of the Mississippi River. -
War of 1812
This boosted the manufacturaing ability of the united states. -
The Assasination of President Lincoln
Riots raged through the streets and the security around the president was increased, which costed the government more money. Plus the riot increase costed a lot of money in damage -
L.A. Olympic Games
This affected our economy because it brought in many people from around the world that were able to buy from our stores and all around boost the economy. -
The Recesion
a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. -
Internet Becomes Available to the Public
The internet is made available to the public. After the public release of the internet, its use skyrocketed for several reasons. It made communication much easier and reinvented the way people talk. It greatly helped electronic advertisement and helped provide jobs. The internet provides 300 billion dollars ot the U.S. economy. If not for the internet, powerhouse corporations such as Google, Apple, and Microsoft may not have been created nd certainly would'nt be as profitable as today -
9/11
Not only did Islamic Terrorists crash into the Twin Towere, but they sent the American economy into a downward spiral. After the attacks on the building, the United States began its "War on Terrorism". This war that was started turned the American economy downward as huge sums of money went into fighting foreign contries that were beleived to have terrorist activity. This war with terrorism which was started because of this attacks can eventually be linked with the recession that hit the USA -
Rise of ISIS
The rise of ISIS has forced the Iraqi government to spend money on its woefully unprepared armed forces and on the rehabilitation of millions of refugees. The ISIS challenge is most likely to lead to lower oil production that will further depress revenues -
Bibliography
mpoverello.com
cr-cath.pvt.k12.ia.us
ducksters.ocm
http://www.timetoast.com/timelines/economic-timeline-1600-2013
totallyhistory.com
http://faculty.washington.edu/qtaylor/a_us_history/1600_1799
_timeline.htm
history.com
Wikipedia.org
Wahington.edu
literatureproject.com
