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Warren G Harding
Warren G Harding is sworn in as the 29th President of the United States. -
Calvin Coolidge
Calvin Coolidge sworn in as the 30th President of the United States. -
The US Revenue Act of 1924
The United States Revenue Act of 1924, also known as the Mellon tax bill cut federal tax rates and established the U.S. Board of Tax Appeals, which was later renamed the United States Tax Court in 1942. -
Lindbergh crosses Atlantic
Charles Lindbergh completes the first solo, non stop transatlantic flight between New York to Paris. -
Herbert Hoover
Herbert Hoover sworn in as the 31st President of the United States. -
The Great Depression
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. -
The Wall Street Crash of 1929
The Wall Street Crash was a major stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. -
Stock Market crashes
On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. In the aftermath of Black Tuesday, America and the rest of the industrialized world spiraled downward into the Great Depression (1929-39), the deepest and longest-lasting economic downturn in the history of the Western industrialized world up to that time. -
20th Amendment was adopted
The Twentieth Amendment to the United States Constitution moved the beginning and ending of the terms of the president and vice president from March 4 to January 20, and of members of Congress from March 4 to January 3. -
Franklin D Roosevelt
Franklin D Roosevelt sworn in at the 32nd President of the United States. -
21st Amendment adopted
he Twenty-first Amendment to the United States Constitution repealed the Eighteenth Amendment to the United States Constitution, which had mandated nationwide prohibition on alcohol. -
Gold standard terminated
The Gold Reserve Act of 1934 was signed by President Roosevelt on January 30, 1934. The purpose of the law was, “To protect the currency system of the United States, to provide for the better use of the monetary gold stock of the United States, and for other purposes” -
The Securities Exchange Act of 1934
With this Act, Congress created the Securities and Exchange Commission. This includes the power to register, regulate, and oversee brokerage firms, transfer agents, and clearing agencies as well as the nation's securities self regulatory organizations (SROs). -
The Fair Labor Standards Act
The Fair Labor Standards Act of 1938 is a United States labor law that creates 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". -
World War II
This war started due to numerous factors. A weakened global economy and the Great Depression, and Hitler and Mussolini's rise to power, were chief among them. The catalyst was Germany's invasion of Poland.
World War II was truly a global war, touching every continent and country in some way. Most of the fighting occurred in Europe, Northern Africa, and Asia, with all of Europe taking the most devastating hits.