In: Economics
Declaration of Independence- It is self-evident that the Declaration of Independence (1776) is fundamental to the revolutions of the 1770s. From the Boston Tea Party to the shot heard around the world, Washington's Crossing of the Delaware, and the Valley Forge winter, the pursuit of liberty by the American Revolution became significant in the founding document of the great American experiment on democracy.
Constitution of the United States of America - With the war won, freedom gained, and the Confederation Articles proven insufficient, the Founding Fathers laid down the law regulating the new nation in the elegantly constructed Constitution, which, depending on one's viewpoint, was intended either to change to meet evolving conditions or to be strictly viewed as adhering to the "initial purpose" of the Founders.
Stock Market Crash- "The American people's principal industry is employment," U.S. Pub. In 1925 Calvin Coolidge said so. And with the American economy booming during the "Roaring Twenties" (the Jazz Age), the United States reigned in harmony and prosperity ... until it did not. The era was put to a end in October 1929 when the stock market collapsed, setting the stage during the Great Depression for years of economic hardship and calamity.
The Atomic Bombing of Hiroshima and Nagasaki- Following the Japanese assault on Pearl Harbor (December 1941), once again staying out of the early stages of another worldwide conflict, the US entered World War II on the Allies' side. In August 1945, with the war in Europe over and the advance of U.S. forces on Japan, U.S. Pres. In the nuclear age, Harry S. Truman decided to drop atomic bombs on Hiroshima and Nagasaki, Japan, hoping that the horrific devastation unleashed would prevent an even greater loss of life that seemed likely to result from a prolonged island-by-island invasion of Japan.