38 Immigration Act of 1921 The Emergency Quota Act also known as the Emergency

38 immigration act of 1921 the emergency quota act

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38. Immigration Act of 1921- The Emergency Quota Act, also known as the Emergency Immigration Act of 1921, the Immigration Restriction Act of 1921, the Per Centum Law, and the Johnson Quota Act (ch. 8, 42 Stat. 5 of May 19, 1921)restricted immigration into the United States.39. Immigration Act of 1924- The Immigration Act of 1924, or Johnson-Reed Act, including the National Origins Act, and Asian Exclusion Act (Pub.L. 68-139, 43 Stat. 153, enacted May 26, 1924), was a United States federal law that limited the annual number of immigrants who could be admitted from any country to 2% of the number of people from that country who were already living in the United States as of the 1890 census, down from the 3% cap set by the Emergency Quota Act of 1921.40. Washington Naval Conference (1921)- A conference hosted by the US which calledfor US and British de-fortification of Far East possessions (though Japan could fortify all it wanted). Also called for general naval disarmament.41. Buying stock “on margin”- Buying stocks and borrowing money from a bank or broker; if the money way not paid back, the bank would foreclose on possessions; everyday people could buy stock; led to stock market crash because of over extension42. Stock Market Crash 1929 aka The Great Crash-The Wall Street Crash of 1929, also known as the Stock Market Crash of 1929 or the Great Crash, is a major stock
market crash that occurred in late October 1929. It started on October 24 and continued until October 29, 1929, when share prices on the New York Stock Exchange collapsed.43. Reconstruction Finance Corporation (RFC)- The Reconstruction Finance Corporation was a government corporation administered by the United States Federal Government between 1932 and 1957 that provided financial support to state and local governments and made loans to banks, railroads, mortgage associations, and other businesses44. Black Tuesday- October 19, 1929. Many people sold their shares, prices dropped because there were no buyers, and people lost their fortunes overnight. It was the beginning of the Great Depression.45. Bonus Expeditionary Force aka Bonus Army- In May 1932, Walter Waters, led a band of 100 unemployed veterans on a march beginning in Oregon and ending in Washington, DC. This Bonus Expeditionary Force, or BonusArmy, was demanding an early payment of $1,000 for their services in WW1. The Government had promised to make the payment in 1945. However, the jobless veterans could not wait until them. The number of veterans protesting in Washington DC grew to over 20,000. Shantytowns (shelters made from auto scraps and wood planks) sprang up all over DC46. Hoovervilles- many families lost their homes because they could not pay their mortgages. These people had no choice but to seek alternative forms of shelter. Hoovervilles, named after President Hoover, who was blamed for the problems that led to the depression, sprung up throughoutthe United States.47. Franklin D. Roosevelt- often referred to by his initials FDR, was the thirty-second President of the United States. Elected to four terms in office, he served from 1933 to 1945, and is the only U.S. president to have served more than two terms of office. He was a central figure of the 20th century during a time of worldwide economic crisis and world war.

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