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Prohibition Begins
Prohibition was a period in U.S. history when the manufacture, sale, transportation,and distribution of alcohol were outlawed. Prohibition began in 1920 with the ratification of the Eighteenth Amendment and ended in 1933. Prohibition was enforced across the United States. supported by groups like Protestants,Progressives, and women, spearheaded the drive for Prohibition.Prohibition was driven by concerns about social issues linked to alcohol consumption, such as poverty and insanity. -
Economic Recession
An economic recession is a significant decline in economic activity characterized by falling GDP.A recession typically begins at the peak of economic activity and ends at the trough.Recessions impact economies globally with different countries experiencing varying degrees of economic downturn.Recessions affect individuals businesses, governments and financial markets.Recessions can be triggered sharp changes in input prices, financial market issues declines in external demand or policy decisions -
Model A Ford Released
The Model A Ford was a groundbreaking vehicle that replaced the iconic Model T.The Model A Ford was introduced in 1927 by Ford.The Model A Ford was manufactured by the Ford Motor Company in various factories across the United States and globally. Release by Henry Ford.Ford aimed to modernize Ford's product line, offering consumers a more stylish, comfortable, and technologically advanced vehicle -
Stock Market Crash
Severe decline in stock prices, leading to significant financial losses.he Stock Market Crash of 1929 occurred in October 1929. The impact of the Stock Market Crash of 1929 was felt globally, affecting economies beyond the United States.The crash affected a wide range of stakeholders, from individual investors to financial institutions, businesses, and governments.The crash was fueled by factors such as rampant speculation, tightening credit conditions by the Federal Reserve. -
Banks Fail
The banking failures of 1930 were a series of regional bank crises, with the failure of the Bank of United States in November 1930.the Bank of United States failure reflecting regional shocks and specific risk exposures linked to certain banks, particularly Caldwell & Co.The failures impacted depositors, investors, and the banking sector. The banking failures were attributed to factors such as regional shocks, specific risk exposures of certain banks, and fundamental weaknesses. -
Food Riots and Bank Collapses
In 1931,food riots erupted in parts of the U.S. reflecting widespread distress and social unrest.The food riots began in February 1931 with incidents like the smashing of a grocery market's windows and looting.The food riots and bank collapse were significant events that unfolded across the United States.affected a wide range of individuals from unemployed individuals participating in food riots.High unemployment rates, economic instability and social tensions contributed to these events. -
Franklin D. Roosevelt Elected
Franklin D. Roosevelt was elected as the 32nd President of the United States in 1931, amidst the Great Depression.Roosevelt's election took place in 1931. The election of Franklin D. Roosevelt occurred in the United States. Franklin D. Roosevelt, a Democrat and former Governor of New York.it was driven by a desire to address the severe economic crisis gripping the nation with his administration focusing on putting Americans back to work and reviving the economy. -
Prohibition Repealed
The repeal of Prohibition in 1933 marked the end of the nationwide ban on alcoholic beverages in the United States.The full repeal of Prohibition occurred on December 5, 1933.The repeal of Prohibition was a national event in the United States. Prohibition was supported by various groups and individuals, including influential leaders like John D. Rockefeller Jr.was driven by a combination of factors, including widespread public disregard for the law, concerns about organized crime. -
New Deal
A series of programs, public work projects, financial reforms, and regulations. Initiated in 1933. Implemented in the United States. To provide immediate economic relief to those struggling during the Great Depression. -
Social Security Act Passed
Enacted by the 74th United States Congress and signed into law by President Franklin D. Roosevelt. Passed in 1935. Implemented across the United States. Aimed to provide economic security and assistance to individuals, particularly the elderly, unemployed, and disadvantaged.