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American business: depressions, recessions, panics.

Stock market crash of 1929 March 17, 2011, 02:22 AM
Every sector of the American business community was affected by the stock market crash of 1929, which eliminated more than half of the value of all American assets in thirty months.
Recession of 1937-1938 March 9, 2011, 05:24 AM
The recession demonstrated that the New Deal was having problems, and President Franklin D. Roosevelt blamed business for the economic downturn.
Panic of 1907 March 2, 2011, 06:09 AM
The Panic of 1907 led to the creation of the Federal Reserve system.
Panic of 1893 March 2, 2011, 05:52 AM
The Panic of 1893 marked a major shift in investment techniques, as investors began to place more money in stocks than in bonds.
Panic of 1873 March 2, 2011, 05:42 AM
The Panic of 1873 represented the first great crisis of industrial capitalism in the United States, and it altered the nature of economic enterprise, political ideology, and labor rights.
Panic of 1857 March 2, 2011, 05:31 AM
The Panic of 1857 was linked to the absence of a central banking system in the United States.
Panic of 1837 March 1, 2011, 05:41 AM
The Panic of 1837 undermined the state banking system established during President Andrew Jackson’s administration.
Panic of 1819 March 1, 2011, 05:29 AM
The Panic of 1819 revealed the consequences of the lack of a national currency system controlled effectively by a federal bank.
Great Depression February 9, 2011, 03:02 PM
The most pervasive and sustained event ever to affect American business, the Great Depression brought about the end of the laissezfaire approach that had characterized the American business world from the nineteenth century through the 1920’s and paved the way for government intervention in business and finance.
Financial crisis of 2008 January 31, 2011, 06:20 AM
The crisis disrupted housing markets, mortgage markets, and finance and credit markets generally.
Dot-com bubble January 19, 2011, 05:52 AM
During the 1990’s, Internet-related businesses were viewed as a way for investors to make quick profits, and millions of dollars were pumped into nascent businesses.
Depression of 1808-1809 January 17, 2011, 10:38 AM
The depression of 1808-1809, brought on by an embargo that cut off international markets for U.S. business, led to the development of a number of domestic industries.
Depression of 1784 January 17, 2011, 10:27 AM
The Depression of 1784 helped convince the nation that the central government created by the Articles of Confederation was too weak and that a new, stronger federal government with the power to issue currency, create tariffs, and regulate commerce was essential to national prosperity.
Business cycles: business history December 27, 2010, 10:27 AM

The term “business cycle” is slightly misleading, because fluctuations in overall output and related economic indicators do not occur at precisely regular intervals.

Black Monday December 26, 2010, 10:01 AM
The Black Monday crash, one of the worst in U.S. history, had an enormous impact on American and world business.
Black Friday December 26, 2010, 09:38 AM
The financiers’ attempt to control the gold market failed when the U.S. government released $4 million in gold on Friday, September 24, 1869, known as Black Friday.
Asian financial crisis of 1997 December 11, 2010, 03:34 PM
The Asian financial crisis emerged when traders in foreign currencies became convinced that several Asian currencies were overvalued.
Great Depression January 30, 2010, 07:24 PM
The Great Depression (1929–41) was the most severe period of economic decline in the history of the United States. During the Great Depression, U.S. output declined by one-third, the unemployment rate reached 25 percent, the STOCK MARKET declined by 40 percent, and over 9,000 banks failed.
Business cycles: american business January 25, 2010, 03:10 PM

Business cycles are the patterns of increase and decreases in GROSS DOMESTIC PRODUCT (GDP) that occur in an economy. Most countries’ economies have tended to grow over time, but within the trend of overall growth there have been periods of expansion, peaks, contractions, and troughs, followed again by expansion.