What is the history of American economic development?

1607 to 1753 belong to the colonial period and the economy is very underdeveloped; 1754 to 1783 is the period of American independence movement. At that time, after the Boston tea incident and the Lexington shooting, the United States became an independent country and its economy began to become independent.

From 1850 to 1869, the American civil war, when the northern part of the United States was in the process of urbanization and the economy developed rapidly. The south is still managed by slave farms and the economy is relatively backward. After the reunification of the country, the economy entered integration.

The reform period from 1870 to 1929, including Coolidge's prosperity after World War I, the economic crisis from 1929 to 1932, and the Roosevelt New Deal from 1933, has been in the recovery stage since World War II.

After World War II, American economy became the world's leading leader and world economic center. At present, the economic status of the United States remains unchanged, but due to the integration of Western Europe and the rise of Japan, the world economy has begun to show multi-level differentiation.

Extended data:

oil crisis

The cold war between the United States and the Soviet Union has never stopped until this period. During this period, the United States and the Soviet Union launched a series of space races. The Soviet Union sent Gagarin, the world's first astronaut, into space, while the United States sent an astronaut to the moon for the first time.

War broke out in Vietnam in the 1970s, and North Vietnam went to war with South Vietnam. In order to prevent the expansion of the Soviet Union and the productive forces, the United States decided

The picture of the Vietnam War in which the United States participated.

But got involved in the Vietnam War. In the meantime, the number of casualties of American troops increased, and finally North Vietnam unified Vietnam, but the attempt of American troops failed to be realized.

In the early 1970s, the economic depression caused by the energy crisis was the worst in history. In the mid-1970s, the American economy once recovered. But in the late 1970s, inflation reappeared.

1973 10 The deterioration of relations between Israel and a series of countries in the Middle East triggered the Middle East war. The Organization of Petroleum Exporting Countries (OPEC) announced an oil embargo and suspended exports to attack its rival Israel and countries that support Israel, which led to an increase in oil prices. The price of crude oil rose from less than $3 per barrel in 1973 to more than $0/3 in 1974, and the United States had to issue gasoline ration tickets in1974. This is the first oil crisis.

The surge in crude oil prices has led to economic recession in developed countries, including the United States. It is estimated that during this period, the GDP growth of the United States decreased by 4.7%.

A few years later, the Islamic revolution broke out in Iran, and then Iran and Iraq went to war. The daily output of crude oil has fallen sharply, and the price of international oil market has soared. The price of crude oil per barrel rose from $65,438+$04 to $35. The second oil crisis also caused the economic recession in western industrial countries. It is estimated that the gross domestic product of the United States has dropped by about 3%.

1976, the bicentennial of the founding of the United States, various celebrations were held all over the country. The United States finally brought down the Soviet Union in the Cold War. 1981April 12, the United States successfully launched the space shuttle Columbia, bringing mankind into another new era in space.

Baidu Encyclopedia-American History