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Gold Standard Act
Gold was established as the only standard for redeeming paper money. -
Presidential election of 1901
Theodore Roosevelt was elected president -
Wright brothers' first flight
Wilbur and Orville Wright flew four flights at Kitty Hawk in the first airplane. -
Presidential election of 1908
William Howard Taft is elected as the 27th president of the United States and came to office in 1909 -
16th Amendment Passed
The 16th Amendment established Congress's right to impose a Federal income tax. -
Presidential election of 1912
Former governor of New Jersey, Woodrow Wilson, is elected at president -
Federal Reserve Act
The Federal Reserve Act established the Federal Reserve System as the central bank of the United States to provide the nation with a more stable monetary and financial system. -
United States joins WWI
After Germany's continued attacks on passenger and merchant ships, Woodrow Wilson decided to declare war on Germany engaging the U.S. in WWI. -
Treaty of Versailles
The Treaty of Versailles was a peace treaty between the Allies and Germany that ended WW1 -
19th Amendment
The 19th Amendment gave women in the U.S. the right to vote.