1921-1941 U.S. History

By Triston.McK
  • Period: to

    United States 1921-1941

  • Warren G. Harding Becomes President

    Warren G. Harding became the 29th president of the United States. He passed away due to an unexpected heart attack during his presidency on August 2, 1923.

  • Calvin Coolidge Becomes President

    Following the death of president Warren G. Harding, Vice President Calvin Coolidge becomes the 30th president of the United States. He was then reelected in 1924 and finished his presidency in 1929.

  • Ford's Production Advances

    Henry Ford's assembly line made production of goods faster than ever. By 1925, Ford’s factories were turning out a Model-T every ten seconds. The number of registered cars rose from just over nine million in 1920 to nearly twenty-seven million by the end of the decade. Americans owned more cars than Great Britain, Germany, France, and Italy combined.

  • Stock Market Crash

    Stock market prices began plummeting, and panicked selling began which drove stocks to sudden lows. Ten billion dollars in investments (roughly equivalent to about $100 billion today) disappeared in a matter of hours.

  • Reconstruction Finance Cooperation

    Enacted by president Herbert Hoover, it provided emergency loans to banks, building-and-loan societies, railroads, and other private industries in an effort to stimulate the economy.

  • Glass-Steagall Banking Act

    This act created the Federal Deposit Insurance Corporation (FDIC) which instituted a federal deposit insurance system and barred the mixing of commercial and investment banking.

  • Tennessee Valley Authority Founded

    The Tennessee Valley Authority built a series of hydroelectric dams along the Tennessee River that helped prevent flooding and provided and sold electricity as part of a comprehensive program to economically develop a chronically depressed region.

  • Public Works Administration

    The Public Works Administration gave grants to local governments in support of large infrastructure projects. As a result of the Public Works Administration thousands of roads, bridges, tunnels, schools, post offices, libraries, and America’s first federal public housing projects were built.

  • Franklin D. Roosevelt Becomes President

    Franklin D. Roosevelt becomes the 32nd president of the United States. He was the first and only president to serve four terms as president. He served as president from 1933-1945.

  • Social Security Act

    The Social Security Act provided for old-age pensions, unemployment insurance, and economic aid, based on means, to assist both the elderly and dependent children.

  • Rural Electrification Act

    The Rural Electrification Act provided federal loans for electrical distribution systems that would bring electricity to rural areas of America. This brought electricity to many farmers.

  • World War 2 Begins

    World War 2 begins with Hitler threatening invasion of Poland to which Britain and France promised war. Germany invaded Poland on September 1, 1939, and Britain and France declared war and mobilized troops two days later.

  • Japan Attacks Pearl Harbor

    Japan attacked United States Navy ships docked in Pearl Harbor in an effort to cripple American naval power. At this point in WW2 the United States had not entered the war, but Japan saw American intervention in the war as inevitable. As a result of the attack, the United States declared war on all Axis nations.