The British government had passed the Tea Act seven months earlier on 10 May, partly in an attempt to support the struggling East India Company.
21st June 1919: The German High Seas naval fleet is scuttled at Scapa Flow
21st June 2019
The British government had passed the Tea Act seven months earlier on 10 May, partly in an attempt to support the struggling East India Company.
Although the scale of panic selling on Wall Street did slow down, the market continued its downward trajectory for over 2 years.
Alexander Hamilton was made the first United States Secretary of the Treasury by President George Washington.
These original New York stockbrokers traded from the Tontine Coffee House at 82 Wall Street before moving to their first dedicated trading space in 1817.
Essential services such as transportation, utilities, and communication networks were severely disrupted by the General Strike and the Conservative government, led by Prime Minister Stanley Baldwin, was forced to declare a state of emergency and mobilise troops to maintain order and provide essential services.
David Lloyd George, the Chancellor of the Exchequer, introduced the People’s Budget to address social inequality and poverty by redistributing wealth through taxation and welfare reforms.
Walpole was appointed First Lord of the Treasury, Chancellor of the Exchequer and Leader of the House of Commons. This made him the de facto Prime Minister and, while the title was not officially recognized at the time, Walpole wielded considerable power and influence.
The economic bubble that is also referred to as the ‘dot-com boom’ was the result of investors speculatively pouring money into the numerous internet companies that were founded in the mid- to late-1990s.
The publication of “The Wealth of Nations” had a profound impact on economic thought and policy, laying the foundation for classical economics and providing justification for the rise of free-market capitalism.
France and the United States signed the first two treaties ever negotiated by the American government, and which formally recognised the independence of the United States.
28th June 2015
11th November 2025
14th October 2026
12th October 2026
11th November 2025
1st September 2018
9th November 2019