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Gold Standard
It is a system where a country's currency has money value directly linked to gold. A country that uses the gold standard sets a fixed price for gold and buys and sells gold at that price. That fixed price is used to determine the value of the currency. -
Roosevelt Corollary to Monroe
European countries were going after Latin American counties because they weren't paying their debts, so to prevent turmoil, Roosevelt reminds everyone to keep with the Monroe Doctrine. -
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The Panama Canal
It is a water way that connects the Atlantic and Pacific oceans together and is used to transport goods. President Roosevelt order the construction of this canal. -
Federal Reserve System Begun
It was established by Congress to serve as the U.S. central bank. -
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World War I
Countries involved were Germany, Austria-Hungary, Bulgaria and the Ottoman Empire (the Central Powers) fighting against Great Britain, France, Russia, Italy, Romania, Japan and the United States (the Allied Powers). The war lasted 4 year and the Allied Powers came out victorious. -
The Sinking of Lusitania
A German U-boat took down a steamship killing 1,195 people including 123 Americans. This event along with a few others were the cause of the U.S. joining WWI. -
U.S. Enters WWI
Due to many events, the U.S. enters WWI and joins the Allied Powers. -
Treaty of Versailles
The treaty ended WWI and brought peace between victorious Allies and Germany. The treaty also held Germany responsible for the war and restricted Germany's military power. -
Red Scare
It was a scare of Communists in the U.S. during the Cold War between the U.S and the Soviet Union. "Reds" referred to Communists that pledged their allegiance to the Soviet Union. -
The Nineteenth Amendment
The Nineteenth Amendment gave women the right to vote!!!!