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US enters World War 2
World War II (WWII or WW2), also known as the Second World War, was a global war. It is generally considered to have lasted from 1939 to 1945, although some conflicts in Asia that are commonly viewed as becoming part of the world war had begun earlier than 1939. It involved the vast majority of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis. It was the most widespread war in history, and directly involved more tha -
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World War 1 ends
World War I was a global war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918. From the time of its occurrence until the approach of World War II, it was called simply the World War or the Great War, and thereafter the First World War or World War I.In America, it was initially called the European War. More than 9 million combatants were killed; a casualty rate exacerbated by the belligerents' technologicand industrial sophistication, and tactical stalemate. -
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Herbert Hoover was elected president
Herbert Clark Hoover was the 31st President of the United States Hoover, born to a Quaker family, was a professional mining engineer. He achieved American and international prominence in humanitarian relief efforts in war-time Belgium and served as head of the U.S. Food Administration during World War I. As the United States Secretary of Commerce in the 1920s under Presidents Warren G. -
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Unemployment hits 25%
The U.S. unemployment rate hit 25% in August of 1932. This startling increase came less than three years after the rate reached 0.04% in August 1929. Although the unemployment rate got almost as low as 10% in 1937, it rose to 20% less than 12 months later. The unemployment rate did not fall below 10% until February 1941. -
Black Tuesday
The most catastrophic stock market crash in the history of the United States, Black Tuesday took place on October 29, 1929 and was when the price of stocks completely collapsed. It was because of this day that the Roaring Twenties came to a stumbling halt and, in its place, was the Great Depression. It all started a half a week earlier on Black Thursday or, due to Europe’s time difference, Black Friday. This was a time of incredible instability. -
Hawley-Smoot Tariff
The Tariff Act of 1930, otherwise known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff, was an act sponsored by Senator Reed Smoot and Representative Willis C. Hawley and signed into law on June 17, 1930, that raised U.S. tariffs on over 20,000 imported goods to record levels. -
First Bank Panic
The Panic of 1930 was a financial crisis that occurred in the United States which led to a severe decline in the money supply during a period of declining economic activity. A series of bank failures from agricultural areas during this time period sparked panic among depositors which led to widespread bank runs across the country.The decline in deposit currency ratio lowered the money multiplier, money supply and spending, dragging economic growth for the years to come. The lack of expansio -
1930 Midterms
In the midterm elections of 1930, the Democratic Party gained 49 seats from the Republican Party in the U.S. House of Representatives and gained 8 seats in the U.S. Senate. -
Food Riots of 1931
The England Food Riot of 1931 occurred after the drought of 1930 caused major crop failure across the region, leaving many farmers unable to feed their families. The Depression was occurring across America, and the majority of people in England and the surrounding area were destitute and desperate. As a result, approximately fifty angry farmers converged on the town of England, demanding food to feed to the starving members of their community. -
"First Hundred Days"
With that immortal sentence delivered during his inaugural address on March 4, 1933, Franklin Delano Roosevelt's whirlwind first hundred days began. The astonishing amount of ideas and action that began pouring from the White House even before FDR finished his speech was unprecedented in American history -- and it remains so. More than 70 years later, America is still benefiting from Roosevelt's exuberance, social concern and farsightedness. -
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FDR is elected
Serving from March 1933 to his death in April 1945, he was elected for four consecutive terms, and remains the only president ever to serve more than eight years. -
Emergency Banking Act Passed
An act passed by the United States Congress in 1933 in an attempt to stabilize the economy because of the Great Depression. Following his inauguration in March 1933, President Franklin Roosevelt set out to rebuild confidence in the nation's banking system, first declaring a four-day banking holiday that shut down the banking system, including the Federal Reserve. -
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First New Deal begins
The New Deal was a series of domestic programs enacted in the United States between 1933 and 1936, and a few that came later. They included both laws passed by Congress as well as presidential executive orders during the first term (1933-37) of President Franklin D. Roosevelt. The programs were in response to the Great Depression, and focused on what historians call the "3 Rs": Relief, Recovery, and Reform. -
Tennessee Valley Authority Created
The Tennessee Valley Authority (TVA) is a federally owned corporation in the United States created by congressional charter in May 1933 to provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley, a region particularly affected by the Great Depression. The enterprise was a result of the efforts of Senator George W. Norris of Nebraska. -
second new deal
The Second New Deal is the term used by commentators at the time and historians ever since to characterize the second stage of the New Deal programs of President Franklin D. Roosevelt. In his address to Congress in January 1935, Roosevelt called for three major goals: improved use of national resources, security against old age, unemployment and illness, and slum clearance, as well as a national welfare program (the WPA) to replace state relief efforts. -
FDR attempts to "stack" the court
President Franklin D. Roosevelt to add more justices to the U.S. Supreme Court. Roosevelt's purpose was to obtain favorable rulings regarding New Deal legislation that the court had ruled unconstitutional.The central provision of the bill would have granted the President power to appoint an additional Justice to the U.S. Supreme Court, up to a maximum of six, for every member of the court over the age of 70 years and 6 months.
