KlahowyaSecondary School

Raven Burns

Economy

• 1612-Tobacco & John Rolfe
• 1630's-Indentured servants
• 1791-First national bank
• 1791-Alexander Hamilton
• 1791-Excise taxes
• 1793-cotton gin
• 1807-Embargo act
• 1816-Tariff of 1816
• 1819-Panic of 1819
• 1828-Tariff of abomination
• 1836-charter for 2^nd national bank ends/pet banks
• 1837-Panic of 1837
• 1846-Worker tariff
• 1849-California gold rush
• 1850-compromise of 1850
• 1857-Panic of 1857
• 1857-Tariff of 1857
• 1867-Sewards folly
• 1873-panic of 1873
• 1870-1900-Gilded age
• 1870-Standard oil co./Rockefeller/Carnegie/J.P. Morgan
• 1890-Sherman anti trust act
• 1890-McKinley tariff
• 1896-McKinley defeats William Jennings Bryan
• 1896-William Jennings Bryan Cross of gold speech
• 1900-Gold standard v. Greenbacks
• 1912-Dollar Diplomacy
• 1920-Jazz age/ stocks increase
• 1924-Dawes plan
• 1930-Black Tuesday
• 1930-Great depression
• 1930-Hawley Smoot Tariff
• 1935-Social security
• 1941-lend lease bill
• 1944-Bretton woods conference
• 1947-Marshall plan
• 1956-Federal highway plan\
• 1957-America encouraged the European economic community
• 1973-Energy crisis
• 1974-OPEC lifts oil embargo
• 1981-Reaganomics
• 1982-Recession
• 1987-Stock market drops 508 points
• 1993-NAFTA
• 1996-Welfare reform law