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Established gold as the only standard for redeeming paper money.
Signed by President McKinley
(Ended in 1971) -
$350-400 Million in damages
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New York Stock Exchange fell almost 50%
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The government was able to collect income taxes.
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Henry Ford installs the 1st assembly line
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WW1 begins and U.S. troops occupy Vera Cruz.
Lend Lease Act. -
America enters the World War.
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Led to boot legging and organized crime.
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The treaty was signed ending WW1.
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Stock market crashes.