2006-10-13 00:29:34 · 9 answers · asked by Anonymous in Arts & Humanities ➔ History
The 1913 creation of the Federal Reserve, whose manipulation of money and credit spawned the boom, during the 1920s, which led to the Depression of the 1930s. The impact of the creation of the Fed continues to be felt, today, since the value of the dollar has fallen by approximately 95% when compared with its purchasing power in 1913, and since the boom caused by the Fed's manipulation of the money supply since the 1980s has set the nation on a course toward bankruptcy. When you consider that one of the Fed's most important jobs is supposed to be the stablilization of the value of the dollar, you can see that its record on that job is disastrous.
2006-10-13 01:05:40 · answer #1 · answered by Larry Powers 3 · 0⤊ 1⤋
I know slavery was abolished in 1862,3, or 4, but slavery was still prevalent in 1870. After people actually stopped using slaves it made the way for the U.S.' current capitalist economy. It was moved from a free labor system to a system where employees actually had to be paid (not particularly well in many cases), led the way for things like income tax, social security, minimum wage, as well as the social effects that were brought about through the abolition of slavery...
2006-10-13 03:04:10 · answer #2 · answered by chavito 5 · 0⤊ 0⤋
I started to write World War I, but then thought better of it. I'd go with the Spanish-American War in 1898, which propelled America onto the world stage as we collected a string of islands around the world. While we certainly became an important presence in the world in the World War, the truth is suddenly owning, supervising, or managing places like Cuba and the Philippines really began the end of our isolation.
2006-10-13 03:31:09 · answer #3 · answered by camdenjohn2003 2 · 0⤊ 0⤋
"On June 4, 1876, an exhibit prepare referred to as the Transcontinental exhibit arrived in San Francisco by utilising ability of the 1st Transcontinental Railroad in basic terms 80 3 hours and 39 minutes after it left from manhattan city. in basic terms ten years in the past the comparable journey could have taken months overland or weeks on deliver."
2016-11-28 03:13:30 · answer #4 · answered by gerdsen 4 · 0⤊ 0⤋
I would say the invention of the electric light bulb, which changed everything.
2006-10-13 06:10:03 · answer #5 · answered by turkey 4 · 0⤊ 0⤋
The Industrial Revolution. Without that we would still be riding horses, and have gas lighting...
2006-10-13 00:50:33 · answer #6 · answered by Arya 2 · 0⤊ 1⤋
American culture became superior to that of Europea
2006-10-13 00:39:11 · answer #7 · answered by Jason N 2 · 0⤊ 0⤋
the rush of immiigration through elis island, with out it most of us would no be here today
2006-10-13 01:06:01 · answer #8 · answered by ninja cat 4 · 0⤊ 0⤋
Fast food!
2006-10-13 00:39:06 · answer #9 · answered by Chelin Fdez. 2 · 0⤊ 1⤋