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This new oil field helped to revive Dallas's economy during the Great Depression, but sharply decreased interest in West Texas as the new supply led to another major drop in oil prices. The uncontrolled production in the eastern field destabilized the state's oil industry, which had been trying to control production levels to stabilize prices. [42]
The outbreak of war in 1914 made the impact of tariffs of much less importance compared to war contracts. When the Republicans returned to power they returned the rates to a high level in the Fordney–McCumber Tariff of 1922. The next raise came with the Smoot–Hawley Tariff Act of 1930 at the start of the Great Depression. [citation needed]
Dallas skyline in 1936 Kindergarten class in Dallas, circa 1930s. The history of Dallas, Texas, United States, from 1930 to 1945 documents the city's emergence from the Great Depression, its economic boom after several local oil discoveries, its hosting of the Texas Centennial Exposition, and its existence during wartime.
Herbert Hoover and the Great Depression (1959). scholarly history online; Watkins, T. H. The Great Depression: America in the 1930s. (2009) online; popular history. Wecter, Dixon. The Age of the Great Depression, 1929–1941 (1948), scholarly social history online; Wicker, Elmus. The Banking Panics of the Great Depression (1996) White, Eugene N.
Brazilian Finance Minister Guido Mantega, who made headlines when he raised the alarm about a currency war in September 2010. Currency war, also known as competitive devaluations, is a condition in international affairs where countries seek to gain a trade advantage over other countries by causing the exchange rate of their currency to fall in relation to other currencies.
Keller, Texas, during the 1920s-1950s. Greater Fort Worth International Airport’s 1953 grand opening. Fort Worth Stock Show, 1930s to 1950s. Creepy clowns in Fort Worth. Queen Elizabeth visits ...
The term "The Great Depression" is most frequently attributed to British economist Lionel Robbins, whose 1934 book The Great Depression is credited with formalizing the phrase, [230] though Hoover is widely credited with popularizing the term, [230] [231] informally referring to the downturn as a depression, with such uses as "Economic ...
Keller is home to nearly 50,000 people today, but it used to be a much quieter farming community back in the day. Here are some shots of Keller’s people and places from the 1920s to the 1950s ...