Economic Indicators Assessment

Timeline created by badkarma12
  • Octant

    The developement of the octant by various inventors allowed ships to travel more accuratly, thus reducing costs.
  • Lightning Rod

    Lightning Rod
    The lighning rod was invented by Benjamin Franklin and kickstarted many advancements in early electricity as well as protecting buildings.
  • Cotton Gin Eli Whitney

    Eli Whitney’s cotton gin sparked the industrial revolution by providing a cheap and easy way to mass produce cotton.
  • Revolutionary War

    Revolutionary War
    The Revolutionary war caused rampant inflation and economic instability as trade routes were disrupted and blockades were introduced.
  • Flatboats

    The invention of flatboats by Jacob Yoder allowed ships to more easilly cross rivers, aid in weastern expansion and increase trade.
  • John Fitch First Steam Boat

    John Fitch First Steam Boat
    Fitch created the first American steamboat, an invention which would change the way business would be done in the United States, especially transit on the Mississippi River.
  • Suspension Bridge

    Suspension Bridge
    James Finlay's invention of the suspension bridge greatly increased the amount of trade that could be performed between places by improving infastructure, facillitationg economic growth.
  • Lobster Traps

    Lobster Traps
    Ebenezer Thorndike's invention of he lobster trap allowed fisherman to catch more lobster and greatly increase their earnings.
  • John Deere Steel Plow

    John Deere Steel Plow
    The invention of the steel plow meant that farmers could simply plow their fields with less work, thus increasing crop yields, decreasing the need for workers and creating some of the first manufacturing jobs.
  • Morse Code

    Morse Code
    Samuel Morse's code allowed instant communication over great distances, reducing costs for news and facillitating economic growth.
  • McCormick Self Raking Reaper

    McCormick Self Raking Reaper
    This invention vastly reduced the labor involved in reaping grains increasing agricultural exports, decreasing food prices and creating manufacturing jobs at the same time.
  • Rotary Printing Press

    Rotary Printing Press
    William Bullock invented the printing press which greatly increased the speed of news production and stock tradng.
  • Refridgerator Car

    Refridgerator Car
    When J.B. Sutherland invented the refridgerator car he revoluionized the ways that perishable items could be transfered.
  • Henry Ford Model T

    Henry Ford Model T
    Henry Ford created the first commercially successful and affordable car, a car that was produced cheaply by assembly line workers for the common man. The auto industry, pioneered by Ford, is now one of the largest in the world.
  • World War 2

    World War 2
    World War 2, while one of the most destructive wars in history left American industries relatively untouched and increased war production pulled the United States out of the Great Depression.
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    Agricultural Era

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    Industrial Era

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    Modern Era

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    Space Age

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    Information Age