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Key Economic Reforms in History
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The Corn Laws
United Kingdom, 1846, Repeal led to cheaper grain prices and free trade principles
The New Deal
United States, 1933-1939, Relief and recovery from the Great Depression
The Homestead Act
United States, 1862, Accelerated settlement of western territories
The Glasnost and Perestroika Reforms
Soviet Union, 1980s, Led to greater transparency and restructuring of the economy
The Marshall Plan
Europe, 1948-1952, Post-World War II rebuilding and economic growth
Zhou Enlai's Four Modernizations
China, 1970s, Modernization of agriculture, industry, defense, and science & technology
The Meiji Restoration
Japan, 1868-1912, Transition from feudal to modern industrial state
The Gold Standard Act
United States, 1900, Established gold as the only standard for redeeming paper money
The Wagner Act (National Labor Relations Act)
United States, 1935, Strengthened the rights of labor unions
The Great Leap Forward
China, 1958-1962, Led to economic regression and a massive famine
The Beveridge Report
United Kingdom, 1942, Foundation for the modern welfare state
The Brady Plan
Global (developing countries), 1989, Resolved the 1980s debt crisis via debt-reduction measures
Roosevelt's Executive Order 6102
United States, 1933, Required the handover of gold to increase the money supply
The Single European Act
European Community, 1986, Created a single market within the EC
The Hartz Reforms
Germany, 2003-2005, Modernized the labor market and reduced unemployment
The Herstatt Bank Crisis Legislation
Germany, 1974, Strengthened banking regulation and led to the creation of the Basel Committee
The Dawes Plan
Germany, 1924, Mitigated hyperinflation and reparation payments post-WWI
The Land Reform Law of 1950
China, 1950, Redistributed land from landlords to peasants
LBJ's Great Society Programs
United States, 1964-1965, Implemented social reforms in education, health, and civil rights
The Treaty of Maastricht
European Union, 1992, Laid the groundwork for the Euro and further EU integration
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