https://padlet.com/nlynch47/akdh7usszzkjnwxy Ellery, Jacqueline, Aidan, Tegh, Gavin Directions: Use evidence from the article to create a timeline showing the progression of events that formed the American Economy. en-us 2021-03-05 00:25:45 UTC 2025-11-17 21:12:56 UTC hello@padlet.com https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283932105 Declaring Independence from Britain and officially becoming an independent country with its own government and economy.]]> 2021-03-08 19:00:09 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283932105 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283933012 George Washington becomes the first president of the United States, when 8/10 people depended on farms to feed themselves, and to live on it. ]]> 2021-03-08 19:00:19 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283933012 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283936174 Rival political parties formed creating economic controversy for years to come. ]]> 2021-03-08 19:00:52 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283936174 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283936809 Outlines government's role in economy, federal government has power over money and economy, not so much power for the states. ]]> 2021-03-08 19:00:58 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283936809 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283943138 Raised price of goods that were imported from Europe, and it became a long-lasting regional issue in America.]]> 2021-03-08 19:02:09 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283943138 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283947395 The southern states had seceded from the United States, which led to the creating of the Confederate States of America.]]> 2021-03-08 19:02:56 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283947395 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283948186 The slave economy created a. system in which the southern states of the U.S. become reliant on free labor and eventually led to the Confederate States (ultimate divide).]]> 2021-03-08 19:03:04 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283948186 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283953646 More power to federal government, first national tax system and paper currency, first transcontinental railroad.]]> 2021-03-08 19:04:06 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283953646 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283955542 Railroad is created linking the Atlantic and Pacific coasts, in order to expand trade and create larger amounts of wealth among many Americans.]]> 2021-03-08 19:04:27 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283955542 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283959493 After slaves were liberated, many faced poverty. The former rural whites also faced poverty since they relied so heavily on their now freed slaves. ]]> 2021-03-08 19:05:08 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283959493 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283962225 Caused increased population and immigrants to go to industrialized Northern cities.]]> 2021-03-08 19:05:38 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283962225 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283963288 Time it took to produce 100 bushels of wheat went from 300 hours to 50 from 1800 to 1890. Inventions and technological advancements helped increase economic output.]]> 2021-03-08 19:05:48 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283963288 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283968879 Many farmers were in debt in the South, and the West was battling against tight credit and falling commodity prices.]]> 2021-03-08 19:06:52 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1283968879 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297856933 Progressivism is something that many Americans started to identify with, both Democrats and Republicans. Historian Carl Degler wrote that “the community and its inhabitants no longer controlled their own fate."]]> 2021-03-11 13:28:26 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297856933 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297859818 Focused anger on wealthy financiers and industrialists and demanded lower interest rates on loans and inflationary money policy allowing debtor repay debts with less monetary value.]]> 2021-03-11 13:29:01 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297859818 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297874790 Both Theodore Roosevelt and Woodrow Wilson developed antitrust laws in the early 1900s in order to break up monopolies and large concentrations of economic power.]]> 2021-03-11 13:32:02 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297874790 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297876760 Stock market crash, caused collapsing prices, bussiness, families. Unemployment rates were very high and 40% of U.S. banks failed. Major setback to U.S. Economy...................................................................................................................................................................................]]> 2021-03-11 13:32:25 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297876760 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297881409 President Woodrow Wilson, who was a democrat, created the Federal Reserve, being first U.S central bank chartered since the 1830s.]]> 2021-03-11 13:33:20 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297881409 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297889074 President Roosevelt enabled the new deal economic program as well as closed banks. After reopening them, which effectively ended the runs on banks. ]]> 2021-03-11 13:34:48 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297889074 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297902165 U.S. imposed punitive tariffs which spread to the rest of the world, rivaling international economies]]> 2021-03-11 13:37:12 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297902165 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297919956 Roosevelt increased government involvement in economic activities that were previously thought of as private, and the Tennessee Valley Authority was a controversial example of that.]]> 2021-03-11 13:40:38 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297919956 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297921346 American industry mobilized had to support the United States’ entry into World War II in December 1941. Factories supplied war material to U.S. and Allied armed forces. The U.S. auto industry ceased producing private vehicles and produced tanks instead, 30,000 during 1943 alone.

]]> 2021-03-11 13:40:56 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297921346 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297940070 Some of the wealthiest countries, after the global financial system was promoted, negotiated a General Agreement on Tariffs and Trade, to lower the import of tariffs. The World Trade Organization succeeded in 1995. ]]> 2021-03-11 13:44:26 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297940070 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297940128 When the U.S. Federal Reserve raised interest rates sharply, ending the inflationary spiral and causing a recession. ]]> 2021-03-11 13:44:27 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297940128 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297961487 In the beginning of the 21st century, the "dot com" bubble bursted. The crashing of the stock market caused a short recession in the economy. ]]> 2021-03-11 13:48:26 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297961487 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297973999 In 2007, many houses were built, resulting in the housing market crash. In 2008, the financial crisis occurred, spreading to various places around the world.]]> 2021-03-11 13:50:43 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297973999 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297976613 Unemployment went back down to only 8.8% in 2011, but lowering interest rates was one of many others tactics used to try to limit unemployment in America.]]> 2021-03-11 13:51:11 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297976613 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297977828 The U.S. was ranked first in imports, third in exports, first in direct investment in foreign countries, and first in direct investment by foreign countries.]]> 2021-03-11 13:51:24 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297977828 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297980796 President Lyndon Johnson pressed Congress to expand sharply the social safety net by passing Medicare and Medicaid government health insurance programs for the old and poor. Gov implemented other policies to eliminate poverty by improving education and housing.

]]> 2021-03-11 13:51:56 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297980796 https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297990930 Oil shocks were put on the U.S economy which followed the Arab-Israeli War and 1979 Islamic revolution. This occurred in Iran, which made a contribution to poor economic performance.]]> 2021-03-11 13:53:37 UTC https://padlet.com/nlynch47/akdh7usszzkjnwxy/wish/1297990930