US Economics and Tech

The theory that the government should not interfere in the operation of the free market

• Laissez-faire

• Anti-Trust Act

• Pure Food and Drug Act

• Interstate Commerce Act

This mad emonopolies illegal and a company cannot control an entire industry.

• Anti-Communism Act

• Anti-Trust Act

• Anti-Socialism Act

Prohibited unfair practices by railroads.

• Civil Rights Act

• Tinker v. Des Moines

• Interstate Commerce Act

• Laissez-Faire

After the war the USA gained more territories in the Carribbean and Asia.

• Spanish-American War

• Vietnam War

• Mexican-American War

• World War I

USA began to charge higher tariffs on European goods. Resulted to a decline in European goods sold in the US.

• Hawley-Smoot Tariff Act

• Pure food and Drug Act

During WWII, the Government put a limit on what Americans could buy.

• North Atlantic Treaty Organization

• Berlin Airlift

• Retail

• Rationing

During this time there was a time of high birth rates and consumerism.

• Progressive Era

• Baby Boom

• Gilded Age

• Reconstruction

During the Egyptian war with Israel, the Arab nations organizwed and put an embargo on oil. What is the name of the organization?

• OPEC

• NATO

• NAACP

They wanted to further trade by reducing tariffs on many commodities.

• Organization of Petroleum Exporting Countries

• North American Free Trade Agreement

• General Agreeement of Tariffs and Trade

Created a new trade association between, USA, Mexico and Canada.

• North American Free Trade Agreement

• North Atlantic Treaty Organization

• OPEC

• GATT