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Lucky lindy
Charles Lindbergh flew the spirit of St. Louis on a solo flight across the Atlantic from Long Island to France. It took him 33 hours. -
Entertainment and arts
First animated with sound was steamboat willie. -
The Great Depression
It started in 1929, some people blame the crash of the stock market as the cause of the Depression. -
Hoover
Hoover signed the smoot Hawley Tariffy act: he raised tax on 900 import services. It was originally was supposed to help farmers but it ended up imposing. -
Al capone get’s arrested
The jury found al Capone guilty of several counts of tax evasion, he was sentenced of 11 years in prison. -
Revenue act of 1932
Hoover signed the Revenue Act of 1932. It increased the top income tax rate to 63 percent. He wanted to reduce the federal deficit. Hoover believed it would also restore confidence. Instead, higher taxes worsened the Depression. -
Flanklin Roosevelt
He launched the new deal with the emergency banking act. It closed all U.S. banks to devastating failures. -
Gold standard
FDR stopped a run on gold by abandoning the gold standard. Franklin Roosevelt ordered everyone to exchange private gold for dollars. -
Support Fades
By the mid-1920s, only 19% of Americans supported prohibition, many felt prohibition caused more problems that it solved. The 21st Amendment finally repealed prohibition in 1933.
