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Warren G. Harding is elected and inaugurated as the 29th president of the United States. -
The Harding Administration was investigated into for improper leasing of naval oil reserves and is know as one of the biggest scandals in American politics -
After the sudden death of Harding, vice presiden tCalvin Coolidge takes his place -
Calvin Coolidge is elected President for a second time -
Herbert Hoover is elected as the 31st president of the United States -
The Great Depression was a severe economic worldwide depression that started in the U.S. -
The Public Works Administration was an American New Deal agency, employing job-seekers to carry out public works projects, including the construction of public buildings and roads. -
This new law created the Social Security program as well as insurance against unemployment -
The Fair Labor Standards Act created the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week. It also prohibits employment of minors in "oppressive child labor".