Money

Economic Development

By TimelineProjectADC

  • Sherman Anti-Trust Act

    Sherman Anti-Trust Act
    aimed to limit anticompetitive practices, such as those institutionalized in cartels and monopolistic corporations. Also, it declared that not all monopolies were illegal, only those that “unreasonably” stifled free trade

  • Gold Standard Act

    Gold Standard Act
    This act established gold as the only standard for redeeming paper money. It also stopped silver being exchanged for gold in the United States monetary system.

  • Wall Street Crash

    Wall Street Crash
    The wall street crash is also known as the Stock Market Crash was a drastic collapse of the stock market which led to the great depression. it all started on black Thursday,​ October 24th and continued until October 29th when prices on New York stock exchange collapsed.

  • Wagner Act

    Wagner Act
    offered legal protection to workers to organize unions and to negotiate for work betterment. This act also outlines the legal framework for the labor union and management relations. Other than protecting workers, Wagner act also supports collective bargaining.

  • Social Security Act

    Social Security Act
    This act established a system of old-age benefits for workers, victims of industrial accidents, unemployment insurance, aid for dependent mothers and children, the blind, and the physically handicapped.

  • G.I. Bill

    G.I. Bill
    was a multifaceted, multibillion-dollar entitlement program that rewarded honorably discharged veterans with numerous benefits. About half of American veterans (eight million) received $4 billion in unemployment benefits over the life of the bill.

  • Economic Opportunity Act

    Economic Opportunity Act

  • Reaganomics

    Reaganomics
    Economic Policies made by the 40th president for tax reduction and increased government spending

  • NAFTA (North American Free Trade Agreement)

    NAFTA (North American Free Trade Agreement)
    This eliminated most tariffs and other trade barriers on products and services passing between the United States, Canada, and Mexico (the three largest countries in North America).

  • Import Tariffs - President Trump

    Import Tariffs - President Trump
    He has escalated his trade war with Beijing, saying the United States would impose tariffs on $200 billion worth of goods and was prepared to tax all imports.The tariffs are aimed at pressuring China to change their trade practices that Mr. Trump says are hurting American businesses at a moment when the administration believes it has an advantage in the trade dispute