Forever Dates Unit 2 American Economy

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20 Terms

1
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Columbian Exchange Begins; Triangular trade; mercantilism

1492

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First permanent English settlement at Jamestown

1607

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House of Burgesses founded; first enslaved Africans sold in the colonies

1619

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Bacon’s Rebellion; slavery over indentured servitude

1676

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Whiskey Rebellion; First Bank of the United States

1791

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Cotton Gin

1794

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Henry Clay proposed the American System

1816

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Passage of the Homestead Act, Morrill Land Grant- Acts, Pacific Railway act

1862

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Reconstruction Begins; Sharecropping, peonage, convict labor

1865

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Completion of the Transcontinental Railroad

1869

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Reconstruction ends; economy of the New South

1877

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Panic of…

1893

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Census reveals more urban than rural residents; roaring 20s

1920

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Stock market crashes →Great Depression

1929

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New Deal Begins

1932

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Start of the Baby Boom

1946

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Great Society Begins

1964

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Stagflation

1974

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Reagan Elected President/Reaganomics

1980

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Public Use of the Internet

1992