Macroeconomics History Dates

0.0(0)
studied byStudied by 0 people
full-widthCall with Kai
GameKnowt Play
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/27

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

28 Terms

1
New cards

Gold Standard

1819 - 1914

2
New cards

Financial Crisis of 1907 in US (sparked the establishment of the Fed)

1907

3
New cards

Founding of the US Federal Reserve System (the Fed) by the Federal Reserve Act

1913

4
New cards

World War I (WWI) (abandonment of gold standard)

1914 - 1918

5
New cards

Interwar Period (countries attempt to return to gold standard)

1918 - 1939

6
New cards

The Stock Market Crash of 1929

1929

7
New cards

The Great Depression (roughly) (gold standard abandoned again)`

1929 - 1939

8
New cards

World War II

1939-1945

9
New cards

The Bretton Woods Conference set up the postwar fixed exchange rate system. (Bretton Woods System of fixed exchange rates: 1945 - 1973)

1944

10
New cards

The Cold War between the US and the Soviet Union

1945 - 1991

11
New cards

Employment Act of 1946: Council of Economic Advisors, full employment goal

1946

12
New cards

Korean War 

1950 - 1953

13
New cards

Vietnam War (Gulf of Tonkin incident, 1964)

1961 - 1973

14
New cards

The Fall of the Bretton Woods System due to speculation against US dollar.

1973

15
New cards

The First Oil Shock

1973 - 1974

16
New cards

The Second Oil Shock

1979 - 1980

17
New cards

Latin American Debt Crisis (“The Lost Decade”)

1982 - 1990s

18
New cards

Saving and Loan Crisis

1989

19
New cards

The Persian Gulf War with Iraq

1990 - 1991

20
New cards

Asian Currency Crisis

1997 - 1998

21
New cards

9/11 New York City World Trade Center terroist attack

2001

22
New cards

The Afghanistan War

2001 - 2021

23
New cards

The Euro: The start of the circulation of the ‘Euro’ currency in the Euro Zone.

2002 

24
New cards

The Iraq War

2003 - 2011

25
New cards

Subprime Mortgage Crisis and Consequent Great Recession

2007 - 2009

26
New cards

COVID Crisis and Recession

2020 - 2022

27
New cards

Russian Invasion of Ukraine 

2022 - ?

28
New cards

Hamas attack on Israel, potentially starting another war in the Middle East

2023 - ?