Economy Flashcards
Between 1890 and 1910, what happens to the New York City population
It doubles again
Between 1890 and 1920, how many European immigrants came to the US
18 million
Give 3 things introduced to help the farming industry
1902 reclamation act (irrigation schemes)
1906 meat inspection act (food quality)
1916 federal farm loan act
When did the depression following the 1893 panic last until?
1897
What triggered the panic of 1907? What happened to the stock market because of it
Collapse of knickerbocker trust company (3rd largest), stock market down 50%
What was one of the results of the panic of 1893
Bankruptcy of Philadelphia and reading railroad
When was the Alaska-Yukon gold rush
1896-99
How much did us exports increase between 1908 and 1913
77%
By when was the us a net exporter
1913
How many tons of iron/steel was being produced in 1875 vs 1910
2.3 million, 26.5 million
When was the great northern railway strike by which group, who was it led by?
1893, American railway union, eugene debs
Baldwin locomotive company produced how many military locomotives and how many artillery shells for the allies during WW1
5500, 6 million
When did United States steel become the worlds first billion dollar company
1901
How much are wages and production up comparing 1890 to 1900
Increase to 50%
Recovery post ‘83 panic - what’s unemployment in 1894 vs 1900
18.4% to 5%
With McKinley’s plans, how much does gdp increase annually from when to when
6.2% from 1897 to 1900
