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Stock Market Crash
A downturn in equinty prices and which makred the end of the " Roaring Twenties." The crash did not occur in one day, but it was spread out over a two week period. -
Smoot- Hawley Tariff Act
The Smoot- Hawley Tariff Act is the increase in tariffs charged on goods imported to the United States. -
Major Bank Collaspe
In 1931, New York's bank of the United States collasped. The bank had over $200 million deposits at the time, making it the largest bank failure ever. -
The Ford Hunger March
The Ford Hunger March was a march that went from Detroit to Dearborn. It happened because three thousand people were unemployed. -
Emergancy Banking Act
The Emergency Banking Act that Congress passed in an attempt to stabilize the banking system. -
Federal Housing Administration
The Federal Housing Administration that offers insurance to leaders that are FHA approved meet specified qualifications. -
Neutraility Act
Neutrality Act gives the power to prohibit US ships from carrying US made p;roducts to countries at war. -
Rural Electrification Act
The Rural Electrification Act allowed the federal government to make low-cost loans to non-profit cooperatives for the purpose of bringing electricity to much of rural America for the first time. -
Memorial Day Massacre
The Memorial Day Massacre takes place because ten union demonstrators were killed when police open fire on union protesters in Chicago. -
The Fair Labor Standards Act
The Fair Labor Standards Act establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting full-time and part-time workers in local governments. -
Great Depression Ending
As the US entered World War II, it seemed that the Great Depression was ended by the explosive spending of World War II. -
Roosevelt elected to a third Presidental term
Democrat Franklin D. Roosevelt defeated Republican Wendell L. Willkie by becoming the first president to win a third term, Roosevelt broke the two-term role.