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Rural Credits Act
Financial aid to farmers is awarded by the passage of the Rural Credits Act. The most visible component of the Act were the loans to individual farmers and their families. Under the act, farmers could borrow up to 50% of the value of their land and 20% of the value of their improvements. The minimum loan was $100 and the maximum was $10,000. Loans made through the Act were paid off through amortization over 5 to 40 years. -
Seattle strike
5 day wrok stoppage of more that 65,000 workers in Seattle. Seattle's shipbuilding industry demanded pay increase for workers, but the yard owners only increased the pay of skilled workers. This was the cause of World War I wage controls. -
Prohibition
The closing of breweries, distilleries and saloons led to the elimination of thousands of jobs, and in turn thousands more jobs were eliminated for many other professions such as barrel makers, truckers, waiters, and other related trades. -
The Armaments Congress ends.
The Araments Congress led to the Five Power Disarmament Treaty, between the major world powers of the United Kingdom, France, Italy, Japan, and the United States, to limit naval construction, outlaw poison gas, restrict submarine attacks on merchant fleets and respect China's sovereignty. Because of this thosands of possible jobs were elemintned in many different areas such as contructing, drilling, tranportaion, operations, navel personal, etc. -
Teapot Dome Scandal
The Teapot Dome scandal begins when the U.S. Secretary of the Interior leases the Teapot Oil Reserves in Wyoming.
Secretary of the Interior Albert B. Fall leased Navy petroleum reserves at Teapot Dome in Wyoming and two other locations in California to private oil companies at low rates without competitive bidding. -
IBM( International Business Machines) Corporation founded
IBM (International Business Machines) is a company that produces machinery and computers for businesses around the U.S. It created technology helping businesses perform their tasks easier with the advanced IBM technology. Also, the formation of IMB created several jobs for skilled workers. -
Air Commerce Act
When the Act was passed, it created jobs for pilots, flight attendants, security, and many more. Safety was very import in the air, so the act was passed to secure the people flying on airplanes, creating several jobs. -
The construction of the Hoover Dam
The united States Congress approves the contruction of what was originally named Boulder and is now known as the Hoover Dam.The construction of hoover dam was a massive effort. It involved thousands of workers and cost of 100 workers lives. The dam was built in order to provide a way to control floods, provide irrigation water and produce Hydroelectric power. The was rugged for the workers; an average of 119 degrees Fahrenheit during the day, poor sanitary conditions, poor water and no electric -
Wall Street Crash
The Most devastating stock market carsh in U.S. history. The Stock market crash signles a 12 year Great Depression. -
The Dust Bowl
The Dust Bowl of the 1930s lasted about a decade. Its primary area of impact was on the southern Plains. The Northern Plains were not so badly affected from Kansas, Oklahoma, Texas, New Mexico; from Nevada and Arkansas -
The Great Depression deepens
The Great Depression deepens as nearly 10,000 Unites States banks fail and the the Nation Uninploment rates are at 25%
