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Beginning on November 12, 1921, and going all the way through February 6, 1922, this was a large gathering of the World's largest naval powers after WWI. They came together in this conference in order to devise a plan to prevent another world war since the first one began with naval warfare.
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Caused by the sudden and violent growth of many stocks shared by investors, the stock market dropped an average of %24.8 making it the worst stock market crash in history even today.
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Franklin D. Roosevelt (Democratic) campaigned against Herbert Hoover (Republican) in the 1932 presidential election. Franklin D. Roosevelt would win and become the 32nd President of the United States.
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President Franklin Roosevelt, due to the crisis of the Great Depression, declared a bank holiday in which the banking system would be shut down for one week to put an end to waves of people flooding the banks. This break lasted from March 6, 1933, to March 13, 1933.
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Put in place under President Franklin D. Roosevelt's New Deal, the Social Security Act established the now necessary Social Security program and provided benefits and government assistance for those who either did not have a job or could not get a job due to some form of disability.
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The Fair Labor Standards Act (FLSA) is the law that established minimum wage, the ability to earn overtime pay, presented the need to keep records, and put in place child labor laws. This was a key step in advancing the American work regulations.
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The start of the second World War was a scare to all citizens throughout America. The Treaty of Versailles and the Washington Naval Conference were thought to have taken good measures to prevent another large scale war, but luckily, America still wasn't fighting. However, many people were fearful that their country was to be involved in a second war.
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Being one of the key reasons why the United States made the decision to join WWII, the attack on Pearl Harbor occurred when Japan carried out a surprise strike on the US Naval base in Hawaii. The Japanese Naval Air Service were sent with a mission to be sure America stayed out of the war in order to rid of any potential forces that may interfere with their triumph in the war.
