www.dismal.com the well-known US based economics site is running a series
on the 25 greatest economic events of the century.
Their proposed list is as follows:
Top Economic Events of the 20th Century
Rank Event Year
1. The Federal Reserve Act 1913
2. Ford begins production of the Model T 1913
3. Social Security Act and Medicare Act 1935, 1965
4. Interstate highway system 1956
5. Apple IIe 1983
6. 1929 stock market crash 1929
7. Berlin blockade and the collapse of the Berlin Wall 1948, 1989
8. Establishment of GATT 1947
9. Federal income tax and withholding enacted 1913, 1942
10. Bretton Woods and its collapse 1944, 1971
11. Bank America introduces first credit card 1958
12. Breakup of Standard Oil 1911
13. Civil Rights Act passed 1964
14. OPEC oil embargo 1973
15. First Web browser introduced 1994
16. Flint, Michigan United Auto Workers strike 1936
17. Home mortgage interest rate tax deduction 1913
18. Commercial distribution of birth control pill 1960
19. Minimum wage law enacted 1938
20. First radio broadcast 1906
21. Publication of "The General Theory of Employment, Interest and Money"
1926
22. Glass-Steagall Act 1933
23. GI Bill of Rights 1944
24. TWA's first all-air transcontinental service 1930
25. GNMA issues the mortgage-backed security 1970
Can we improve on this selection. If so I am happy to collate the replies
and then send them en masse to the Dismal team for a UK based alternative!
Get thinking econ business educators !!!
Geoff
www.tutor2u.com
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