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The federal reserve act
President Wilson signed the Federal Reserve Act on December 23, 1913 -
Reserve bank
The Federal Reserve Banks opened for business on November 16, 1914. -
Stock market crash
On Black Monday, October 28, 1929, the Dow declined nearly 13 percent. -
Great depression
The Great Depression period is 1929 through 1941. -
Emergency Banking act
Emergency Banking Act was intended to restore Americans confidence in banks when they reopened after the 1933 Bank Holiday. -
Roosevelt's Gold Program
The Roosevelt administration's policies regarding gold and dollars were controversial and consequential. -
Gold reserve act
The Gold Reserve Act of 1934 was signed by President Roosevelt on January 30, 1934. -
Recession of 1937–38
According to the NBER, the 1937 contraction, lasted from May 1937 until June 1938, was America’s third-worst recession of the twentieth. -
The Second World War and Its Aftermath
The aftermath of wwll was 1941-1951 -
Fed's role during wwll
The Federal Reserve played important roles during World War II. -
Employment Act of 1946
Employment Act of 1946,a large share workforce concerned about finding jobs as the economy transitioned from the production of wartime goods. This also means that when the soldier got out of there place the will not have as much ,money because they cant find a job -
Garn-St Germain Depository Institutions Act of 1982
During the 1970s The us economy plagued by high inflation
