-
Period: to
1919 - 1941 Us History
-
Teapot Dome Scandal Explodes
a government scandal involving a former United States Navy oil reserve in Wyoming that was secretly leased to a private oil company in 1921 -
The Great Depression
the economic crisis and period of low business activity in the U.S. and other countries, roughly beginning with the stock-market crash -
The Dust Bowl
A big dust storm that destoryed whole harvests. Many farmers went out of business as a result of their crop failures. -
Agricultural Adjustment Act
New Deal law pays farmers to reduce production, causing higher crop prices and farm profits. -
Banking Act
It created the FDIC. The Federal Deposit Insurance Corporation provides insurance for depositors in banks and guarantees that if a bank fails the depositors will receive their money back