Democrat Franklin Delano Roosevelt wins the national election on a platform that calls for increased government intervention in the economy.
As the world’s economic situation worsens, the mood in the U.S. grows more desperate. In the Tennessee Valley, over 90% of rural households still do not have electric power and unemployment is high.
The massive collapse of stock prices triggers a large-scale, global economic decline that vecomes known as the Great Depression.
An Armistice is declared that stops the bloody fighting in Europe between Germany and Allied Powers. The controversial terms of the final peace treaty signed at Versailles and the coming economic Depression create conditions that lead to World War II.
The United States enters World War I as an ally of Britain, France and other countries fighting against Germany and Austria-Hungary.
Many nations in Europe, and soon much of the world, become embroiled in large-scale fighting triggered by the assassination of Austrian Archduke Franz Ferdinand.