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President Wilson signed the Federal Reserve Act on December 23, 1913
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The Federal Reserve Banks opened for business on November 16, 1914.
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On Black Monday, October 28, 1929, the Dow declined nearly 13 percent.
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The Great Depression period is 1929 through 1941.
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Emergency Banking Act was intended to restore Americans confidence in banks when they reopened after the 1933 Bank Holiday.
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The Roosevelt administration's policies regarding gold and dollars were controversial and consequential.
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The Gold Reserve Act of 1934 was signed by President Roosevelt on January 30, 1934.
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According to the NBER, the 1937 contraction, lasted from May 1937 until June 1938, was America’s third-worst recession of the twentieth.
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The aftermath of wwll was 1941-1951
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The Federal Reserve played important roles during World War II.
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Employment Act of 1946,a large share workforce concerned about finding jobs as the economy transitioned from the production of wartime goods. This also means that when the soldier got out of there place the will not have as much ,money because they cant find a job
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During the 1970s The us economy plagued by high inflation
