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Woodrow Wilson is president
Wilson is inaugurated as the 28th president of the United States. He won the election with 435 electoral votes and 6,296,547 popular wotes. Wilson ran against Theodore Roosevelt, William H. Taft, and Eugene V. Debs. -
Federal Reserve Act
Wilson established this act that divided the nation into 12 districts and each district had a central bank. -
Federal Trade Commission
The Federal Trade Commission allowed the government to investigate anyone if there was suspicion of a violation of a law. -
Clayton Antitrust Act
This act was established to strengthen the Sherman Antitrust Act. The Clayton Antitrust Act was made so that no coporations could create a monopoly. -
The 19th Amendment
President Wilson passed the 19th amendment, which stated that women had the right to vote. -
Warren G. Harding is president
Harding was inaugurated as the 29th president of the United States on March 4th. -
The Ohio Gang
The Ohio Gnag was a group of politicians and industry leaders that knew Harding and would end up not being a group of people. -
The Emergency Quota Act
This act allowed only a certain number of immigrants in the United States from foreign countries. -
Fordney-McCumber Tariff
The Fordney-McCumber Tariff raised the taxes on U.S. imports to 60%, which was the highest it had ever been. -
Teapot Dome scandal
The Teapot Dome scandal was a bribery that happened with the Mammoth Oil Company. Albert B. Fall was the person who was found guilty for the scandal. He was the first to be covicted of a felony while on the cabinet. -
Calvin Coolidge is president
Calivin Coolidge was the 30th president of the United States, after President Harding died. Coolidge was then inaugurated as president 2 years later. -
The Installment Plan
The Installment Plan allowed people to buy goods over a certain amount of time, without putting down money at the time of payment. -
The Prohibition
The prohibition banned the production, importation, and transportation of alcoholic beverage in the United States. -
The Scopes Trial
The Scopes Trial was an arguement about rather or not evolution, science, and religion should be discussed together in public schools. -
The Revenue Act of 1926
This act reduced inheritance and personal income taxes, cancelled excise imporst, and ended public access to federal income tax returns. -
Herbert Hoover is president
On March 4th, Herbert Hoover was inaugurated as the 31st president of the United States. -
Black Tuesday
On the 29th of October, the stock market fell. The Dow Jones Industrial Average fell about -12%. This Tuesday is offened marked the beginning of the Great Depression. -
The Hawley-Smoot Tariff
This tariff raised the tariff on over 20,000 imported goods in the United States. This was the highest protective tariff in the United States history. -
The Federal Home LOan Bank
This lowered mortgage rates for homeowners and allowed farmers to refinance their farm loans so they could avoid foreclosure. -
The Civilian Conservation Corps
This made men from 18-25 years old work on building roads, planting trees, helping in soil erosion, and developing parks. Almost 3 million men did this. -
Franklin D. Roosevelt is president
Franklin D. Roosevelt was inaugurated as the 32nd president of the United States. He was president for 4 years with John Nance Garner as his Vice President. -
The Federal Securities Act
This act required corporations to provide information on stock offerings. Which then made them liable for misrepresentations. -
The Glass-Steagall Act
This act established the Federal Deposit Insurance Corporation. This prohibited commercial banks from engaging in the investment business. -
The National Industrial Recovery Act
This act gave money to the state so they could create job for the construction of schools and other community buildings. The Civil Works Administration was then later established after the failure of the NIRA. -
The Agricultural Adjustment Act
This act raised crop prices due to the lowering of production. The government made this possible by paying the farmers to leave a certain part of their land unseeded.
