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18 Cards in this Set
- Front
- Back
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British Resumption Act: Institutionalizes Gold Standard |
1819 |
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US joins the Gold Standard |
1879 |
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US Gold Standard Act: Institutionalized Dollar-Gold Link |
1900 |
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World War I - Government abandon gold by necessity during the war, they print money to pay for war |
1914-1918 |
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Interwar Period - Attempt to reestablish Gold Standard |
1918-1939 |
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The Great Depression |
1930-1939 |
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World War II |
1939-1945 |
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Bretton Woods Conference: Start of Bretton Woods System fixed exchange rate system |
July 1944 |
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The Marshall Plan: US aid to help rebuild Europe |
1948 |
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Johnson: Vietnam war buildup and the "Great Society" programs enacted without raising new taxes |
1965-1968 |
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US Current account deficit leads to speculation against the dollar |
1971 |
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End of Bretton Woods System/First Oil Shock |
1973 |
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Second Oil Shock Stagflation |
1979-1980 |
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Latin America Debt Crisis |
1982-1990s |
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Mexican Balance of Payments Crisis |
1994-1995 |
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Asian Currency Crisis |
1997 |
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Russian Currency Crisis |
1998 |
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US Subprime Mortgage Crisis |
2008-2009 |
