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Treaty of Versailles
Representatives from the Allies and Germans signed the Treaty of Versailles which was essentially a peace treaty after World War 1 in June 1919 -
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Good 10 years
After WW1 there was a period of good 10 economic years where the country was at peace and everything was good. -
Technology Revolution
During this time technology began to advance greatly. Radio, TV transmission, cars becoming popular in the U.S., washing machines, and assembly lines are just a few of many items that were a part of this technology revolution in the United States. -
League of Nations
The League of Nations was a result of the Paris Peace Conference. Its purpose was to avoid another World War by settling disputes if there were any by negotiating and improving global welfare. -
Farmall tractor
In 1924 the Farmall tractor was introduced, it was the first general purpose tractor that was capable of cultivating row crops for corn and cotton for example. This helped meet the needs for supply and demand by making the process a lot faster rather than doing it by hand. -
Black Thursday
The stock exchange of New York starts the world economic crisis -
Smoot Hawley Tariff
it was a tax on imports on farm products imported into the country. It was also a way to help the U.S. economy and it did but very little but not enough to get the U.S. out of the economic crisis it was in. -
Bank Collapse
New York's Bank of the U.S. collapsed causing $200 million in deposits to disappear in December 1931 -
Banks keep failing
By 1932, 100,000 banks had already failed, worsening the economy. -
Unemployment rates increasing terribly
The unemployment rate went from 3.2% in the year of 1929 all the way to 24.9% in the year 1933. -
Franklin D. Roosevelt
Franklin D. Roosevelt is inaugurated as the 32nd president of the United Stated.
