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Harding Wins Presidency
Warren G. Harding became the 29th President of the United States in 1921. One of his primary campaign promises was a 'return to normalcy.' In the aftereffects of WWI, American citizens greatly desired a return to what they considered regular life. Ironically, the 1920s were a period of great turmoil in society as women took more active roles, opinions on race continued to change, and innovation reshaped consumerism. -
Emergency Immigration Act
A national quota system on the number of incoming immigrants is established by the United States Congress in the Emergency Quota Act, curbing legal immigration. -
The Armaments Congress ends
It would lead to three agreements, including the Five Power Disarmament Treaty, between the major world powers and the United States, to limit naval construction, outlaw poison gas, restrict submarine attacks on merchant fleets and respect China's sovereignty. -
TV was successfully invented
The first success in the invention of television occurs by American inventor Philo Taylor Farnsworth. The complete electronic television system would be patented three years later on August 26, 1930. -
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Great Depression in the U.S.
Postwar prosperity ends in the 1929 Stock Market crash. The plummeting stock prices led to losses between 1929 and 1931 of an estimated $50 billion and started the worst American depression in the nation's history. -
Martin Luther King was born
Future Civil Rights leader Martin Luther King is born in his grandfather's house in Atlanta, Georgia. -
Wall Street Crash
On October 24, 1929, Black Thursday, a drop in stock prices triggered, putting everyone in a panic that was uncontrollable. Then later on October 29, 1929 on Black Tuesday, the panic of October 24, 1929 turned into "bedlam on the trading floor". Because of this major drop in the stock, everyone was in a huge struggle. All throughout the weekend, sleepy clerks worked and worked to get the accounts in shape for Monday's opening. Times Index fell from 367.42 to 318.29, 9,212,800 stocks were shared. -
Manchuria Railroad Explosion
The Japanese-owned South Manchuria Railway was located near the city Shenyang in China. In 1931, part of the railroad exploded in what the Japanese claimed was an attack by anti-Japanese dissidents. It was later determined that the explosion was actually planned by the Japanese. The Japanese used the explosion as an excuse to invade China and take control of the Manchuria province. This incident began the Asian section of World War II. -
The United States Securities and Exchange Commission was established
The U.S. Securities and Exchange Commission is established with the signing of the Securities Exchange Act into law by President Franklin D. Roosevelt. -
The creation of the Manhattan Project
Albert Einstein alerts Franklin D. Roosevelt to an A-bomb opportunity, which led to the creation of the Manhattan Project. -
Germany blitzed Poland and the Second World War began
The United States declares its neutrality in the European war after Germany invaded Poland, effectively beginning World War II after a year of European attempts to appease Hitler and the aims of expansionist Nazi Germany.