SlideShare a Scribd company logo
1 of 11
Download to read offline
Lecture 15
The Economic History of the United States
Quiz 5
Creative Destruction
1. Bene
fi
ts are long-term and diffuse. Costs
are upfront and concentrated.
2. Prosperity creates critics
3.All destruction:
fi
nancial panics
One A COMMERCIAL REPUBLIC: 1776–1860
Two THE TWO AMERICAS
Three THE TRIUMPH OF CAPITALISM: 1865–1914
Four THE AGE OF GIANTS
Five THE REVOLT AGAINST LAISSEZ-FAIRE
Six THE BUSINESS OF AMERICA IS BUSINESS
Seven THE GREAT DEPRESSION
Eight THE GOLDEN AGE OF GROWTH: 1945–1970
Nine STAGFLATION
Ten THE AGE OF OPTIMISM
Eleven THE GREAT RECESSION
Twelve AMERICA’S FADING DYNAMISM
1865-1914
Innovations
Civil
War
World
War I
Great Depression
Causes
October
29, 1929
December
7, 1941
1945 - 1970
Why Golden?
World
War II
Stag
fl
ation
1963 - 1989
Richard Nixon
August 15, 1971
=

More Related Content

Similar to Units States Economic History Lecture 15

World War 1: US point of view
World War 1: US point of viewWorld War 1: US point of view
World War 1: US point of viewwtidwell
 
L11 stalin and the rise of a superpower
L11   stalin and the rise of a superpowerL11   stalin and the rise of a superpower
L11 stalin and the rise of a superpowerBOAHistory
 
International economic disintegration
International economic disintegrationInternational economic disintegration
International economic disintegrationsofiabienes14
 
2013 higher history exam
2013 higher history exam2013 higher history exam
2013 higher history exammrmarr
 
Domain 4 US History - 1920's to WWII
Domain 4 US History - 1920's to WWIIDomain 4 US History - 1920's to WWII
Domain 4 US History - 1920's to WWIIphillipgrogers
 
Oil and economy in Mexico, 1900-1930s
Oil and economy in Mexico, 1900-1930s Oil and economy in Mexico, 1900-1930s
Oil and economy in Mexico, 1900-1930s Dvinz Oil & Gas,S.A
 
The populist movement
The populist movementThe populist movement
The populist movementSandra Waters
 
I. A Modern WarUse of machine guns, airplanes, tanks, submarin
I. A Modern WarUse of machine guns, airplanes, tanks, submarinI. A Modern WarUse of machine guns, airplanes, tanks, submarin
I. A Modern WarUse of machine guns, airplanes, tanks, submarinNarcisaBrandenburg70
 
Us history fall final review week 16
Us history fall final review week 16Us history fall final review week 16
Us history fall final review week 16loganmw
 
Advanced Higher History exam – 2009
Advanced Higher History exam – 2009Advanced Higher History exam – 2009
Advanced Higher History exam – 2009mrmarr
 
Great depression presentation a c 2015
Great depression presentation a c 2015Great depression presentation a c 2015
Great depression presentation a c 2015MrsBrownMEH
 
Chapter 9 Learning Guide
Chapter 9 Learning GuideChapter 9 Learning Guide
Chapter 9 Learning GuideGeoff Brabham
 
American history
American historyAmerican history
American historyrouabhia
 
World War I and the Red Scare
World War I and the Red ScareWorld War I and the Red Scare
World War I and the Red ScareSpiro Bolos
 

Similar to Units States Economic History Lecture 15 (20)

World War 1: US point of view
World War 1: US point of viewWorld War 1: US point of view
World War 1: US point of view
 
L11 stalin and the rise of a superpower
L11   stalin and the rise of a superpowerL11   stalin and the rise of a superpower
L11 stalin and the rise of a superpower
 
International economic disintegration
International economic disintegrationInternational economic disintegration
International economic disintegration
 
2013 higher history exam
2013 higher history exam2013 higher history exam
2013 higher history exam
 
Domain 4 US History - 1920's to WWII
Domain 4 US History - 1920's to WWIIDomain 4 US History - 1920's to WWII
Domain 4 US History - 1920's to WWII
 
Hist1302 Week 07
Hist1302 Week 07Hist1302 Week 07
Hist1302 Week 07
 
Oil and economy in Mexico, 1900-1930s
Oil and economy in Mexico, 1900-1930s Oil and economy in Mexico, 1900-1930s
Oil and economy in Mexico, 1900-1930s
 
Hist1302 Week 13
Hist1302 Week 13Hist1302 Week 13
Hist1302 Week 13
 
American history
American historyAmerican history
American history
 
American History 9a
American History 9aAmerican History 9a
American History 9a
 
The populist movement
The populist movementThe populist movement
The populist movement
 
I. A Modern WarUse of machine guns, airplanes, tanks, submarin
I. A Modern WarUse of machine guns, airplanes, tanks, submarinI. A Modern WarUse of machine guns, airplanes, tanks, submarin
I. A Modern WarUse of machine guns, airplanes, tanks, submarin
 
Us history fall final review week 16
Us history fall final review week 16Us history fall final review week 16
Us history fall final review week 16
 
Advanced Higher History exam – 2009
Advanced Higher History exam – 2009Advanced Higher History exam – 2009
Advanced Higher History exam – 2009
 
Great depression presentation a c 2015
Great depression presentation a c 2015Great depression presentation a c 2015
Great depression presentation a c 2015
 
Chapter 9 Learning Guide
Chapter 9 Learning GuideChapter 9 Learning Guide
Chapter 9 Learning Guide
 
American history
American historyAmerican history
American history
 
World War I and the Red Scare
World War I and the Red ScareWorld War I and the Red Scare
World War I and the Red Scare
 
America Compared
America ComparedAmerica Compared
America Compared
 
American History ii review, non comprehensive
American History ii review, non comprehensiveAmerican History ii review, non comprehensive
American History ii review, non comprehensive
 

More from Gale Pooley

Economic History of the United States - Lecture 9
Economic History of the United States - Lecture 9Economic History of the United States - Lecture 9
Economic History of the United States - Lecture 9Gale Pooley
 
Econ 1740 Economic History of the U.S. Lecture 7
Econ 1740 Economic History of the U.S. Lecture 7Econ 1740 Economic History of the U.S. Lecture 7
Econ 1740 Economic History of the U.S. Lecture 7Gale Pooley
 
Economic History of the United States - Lecture 4
Economic History of the United States - Lecture 4Economic History of the United States - Lecture 4
Economic History of the United States - Lecture 4Gale Pooley
 
Economic History of the United States - Lecture 4
Economic History of the United States - Lecture 4Economic History of the United States - Lecture 4
Economic History of the United States - Lecture 4Gale Pooley
 
Economic History of the United States - Lecture 2
Economic History of the United States - Lecture 2Economic History of the United States - Lecture 2
Economic History of the United States - Lecture 2Gale Pooley
 
Economic History of the United States - Lecture 1
Economic History of the United States - Lecture 1Economic History of the United States - Lecture 1
Economic History of the United States - Lecture 1Gale Pooley
 
Economic History of the United States - Lecture 3
Economic History of the United States - Lecture 3Economic History of the United States - Lecture 3
Economic History of the United States - Lecture 3Gale Pooley
 

More from Gale Pooley (20)

Economic History of the United States - Lecture 9
Economic History of the United States - Lecture 9Economic History of the United States - Lecture 9
Economic History of the United States - Lecture 9
 
Econ 1740 Economic History of the U.S. Lecture 7
Econ 1740 Economic History of the U.S. Lecture 7Econ 1740 Economic History of the U.S. Lecture 7
Econ 1740 Economic History of the U.S. Lecture 7
 
Economic History of the United States - Lecture 4
Economic History of the United States - Lecture 4Economic History of the United States - Lecture 4
Economic History of the United States - Lecture 4
 
Economic History of the United States - Lecture 4
Economic History of the United States - Lecture 4Economic History of the United States - Lecture 4
Economic History of the United States - Lecture 4
 
Economic History of the United States - Lecture 2
Economic History of the United States - Lecture 2Economic History of the United States - Lecture 2
Economic History of the United States - Lecture 2
 
Economic History of the United States - Lecture 1
Economic History of the United States - Lecture 1Economic History of the United States - Lecture 1
Economic History of the United States - Lecture 1
 
Economic History of the United States - Lecture 3
Economic History of the United States - Lecture 3Economic History of the United States - Lecture 3
Economic History of the United States - Lecture 3
 
Lecture 25.pdf
Lecture 25.pdfLecture 25.pdf
Lecture 25.pdf
 
Lecture 14.pdf
Lecture 14.pdfLecture 14.pdf
Lecture 14.pdf
 
Lecture 11.pdf
Lecture 11.pdfLecture 11.pdf
Lecture 11.pdf
 
Lecture 9.pdf
Lecture 9.pdfLecture 9.pdf
Lecture 9.pdf
 
Lecture 8.pdf
Lecture 8.pdfLecture 8.pdf
Lecture 8.pdf
 
Lecture 7.pdf
Lecture 7.pdfLecture 7.pdf
Lecture 7.pdf
 
Lecture 6.pdf
Lecture 6.pdfLecture 6.pdf
Lecture 6.pdf
 
Lecture 5.pdf
Lecture 5.pdfLecture 5.pdf
Lecture 5.pdf
 
Lecture 4.pdf
Lecture 4.pdfLecture 4.pdf
Lecture 4.pdf
 
Lecture 3.pdf
Lecture 3.pdfLecture 3.pdf
Lecture 3.pdf
 
Lecture 2.pdf
Lecture 2.pdfLecture 2.pdf
Lecture 2.pdf
 
Lecture 1.pdf
Lecture 1.pdfLecture 1.pdf
Lecture 1.pdf
 
Micro 19.pdf
Micro 19.pdfMicro 19.pdf
Micro 19.pdf
 

Recently uploaded

AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptAnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptPriyankaSharma89719
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasCherylouCamus
 
Role of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptxRole of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptxNarayaniTripathi2
 
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...Amil baba
 
Gender and caste discrimination in india
Gender and caste discrimination in indiaGender and caste discrimination in india
Gender and caste discrimination in indiavandanasingh01072003
 
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...amilabibi1
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGeckoCoinGecko
 
Vp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppVp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppmiss dipika
 
Stock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfStock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfMichael Silva
 
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Amil baba
 
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Sonam Pathan
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfshaunmashale756
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfHenry Tapper
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...AES International
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfHenry Tapper
 
Governor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraintGovernor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraintSuomen Pankki
 
1:1原版定制美国加州大学河滨分校毕业证成绩单pdf电子版制作修改
1:1原版定制美国加州大学河滨分校毕业证成绩单pdf电子版制作修改1:1原版定制美国加州大学河滨分校毕业证成绩单pdf电子版制作修改
1:1原版定制美国加州大学河滨分校毕业证成绩单pdf电子版制作修改yuu sss
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...Amil baba
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfMichael Silva
 
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...Amil baba
 

Recently uploaded (20)

AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptAnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng Pilipinas
 
Role of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptxRole of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptx
 
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...
Uae-NO1 Kala Jadu specialist Expert in Pakistan kala ilam specialist Expert i...
 
Gender and caste discrimination in india
Gender and caste discrimination in indiaGender and caste discrimination in india
Gender and caste discrimination in india
 
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko
 
Vp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppVp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsApp
 
Stock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfStock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdf
 
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdf
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
 
Governor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraintGovernor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraint
 
1:1原版定制美国加州大学河滨分校毕业证成绩单pdf电子版制作修改
1:1原版定制美国加州大学河滨分校毕业证成绩单pdf电子版制作修改1:1原版定制美国加州大学河滨分校毕业证成绩单pdf电子版制作修改
1:1原版定制美国加州大学河滨分校毕业证成绩单pdf电子版制作修改
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
 
Stock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdfStock Market Brief Deck FOR 4/17 video.pdf
Stock Market Brief Deck FOR 4/17 video.pdf
 
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
 

Units States Economic History Lecture 15