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Big Business emerge
Between 1869 and 1910, the value of American manufacturing rose from $3 billion to $13 billion. The steel industry produced just 68,000 tons in 1870, but 4.2 million tons in 1890. The central vehicle of this surge in economic productivity was the modern corporation. -
The Spanish-American War
The Spanish-American War was an 1898 conflict between the United States and Spain that ended Spanish colonial rule in the Americas and resulted in U.S. acquisition of territories in the western Pacific and Latin America. -
Peace with Spain, U. S. receives Philippines, Samoa, Guam, and Puerto Rico
The 1898 Treaty of Paris stated that America would gain possession of Cuba, Philippines, Puerto Rico, and Guam in exchange for $20 million. The 1898 Treaty of Paris stated that America would gain possession of Cuba, Philippines, Puerto Rico, and Guam in exchange for $20 million. -
Roosevelt Corollary to Monroe Doctrine
The corollary stated that not only were the nations of the Western Hemisphere not open to colonization by European powers, but that the United States had the responsibility to preserve order and protect life and property in those countries. -
Sixteen Amendment authorizing income tax ratified
The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration. -
World War 1 begins
World War I began in 1914 after the assassination of Archduke Franz Ferdinand and lasted until 1918. During the conflict, Germany, Austria-Hungary, Bulgaria and the Ottoman Empire (the Central Powers) fought against Great Britain, France, Russia, Italy, Romania, Japan and the United States (the Allied Powers). -
WW1 ends
Germany had formally surrendered on November 11, 1918, and all nations had agreed to stop fighting while the terms of peace were negotiated. On June 28, 1919, Germany and the Allied Nations (including Britain, France, Italy and Russia) signed the Treaty of Versailles, formally ending the war.
