Notes

A Brief Look at the Hemline Index and Monetary Touchpoints in History
America's history is loaded with cultural, social, and governmental changes. Numerous factors have helped to shape the nation over the centuries. Research indicates people first made their way to North America more than 35,000 years ago, but that was only the beginning. From Columbus's discovery of what he thought was India back in the late 1400s to the Pilgrims landing in the 1600s and beyond, quite a few events have contributed to America's creation and evolution.

Even major natural events have factored into the equation. Virtually every occurrence that has taken place has helped to make America what it is today. It's certainly possible to read more about all the events that have arisen since humanity first arrived in what's now known as the United States.

Of course, financial developments have also aided in steering the course of America's progression into the modern era. Over time, periods of wealth and prosperity have alternated with times of decline and hardship. People throughout the country have felt the blow of the latter while enjoying the benefits of the former. Certain experts ultimately created the Hemline theory as an indication of America's financial state. That's the measure of ladies' skirt lengths in relation to economic strength or strife.

Residents of the United States have both helped to spark economic changes and dealt with them as they arose. No doubt, striving to learn more about past financial developments may help people to handle those of the future. In the meantime, consider some of the major touchpoints of the country's economic history.

One of the first financial downturns in America's recorded history has been deemed the Panic of 1797. It took place not long after the official founding of the nation and was reportedly caused by land speculation. Back then, women's skirts and dresses nearly dusted the ground and consisted of volumes of fabric.

Moving along about a century, yet another serious financial struggle unfolded during the late 1800s. Banks collapsed, major railroads failed, and people began hoarding their cash. Eventually, the stock market crashed. Again, women's dresses remained long and modest.

The Hemline Index have at least heard of the Roaring '20s. It was a time of prosperity for America, and confidence was at all-time highs. With it, the flapper scene emerged. Women's dresses reached their shortest points in history, falling around the knees or even slightly above as noted on this page.

In late 1920, The Great Depression took place, and hemlines dropped get again. In time, they slowly crept back up to shocking new heights in the late 1900s through the present. Considering the rise of gas and grocery prices plaguing the nation today and other factors, women's fashion may become longer and more cumbersome before long per past trends.
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