On June 16, 1933, President Franklin Roosevelt signed the Banking Act of 1933, a part of which established the FDIC. (Show more) Federal Deposit Insurance Corporation (FDIC), independent U.S. government corporation created under authority of the Banking Act of 1933 (also known as the Glass-Steagall Act), with the responsibility to…
On December 15, 1791, the new United States of America ratified the Bill of Rights, the first ten amendments to the U.S. ConstitutionU.S. ConstitutionJames Madison is known as the Father of the Constitution because of his pivotal role in the document’s drafting as well as its ratification.https://www.loc.gov › wiseguide ›…
Fenway Park hosted its first game on April 9, 1912, an exhibition the Red Sox won 2-0 over Harvard University. The park’s first official, regular season game was played on April 20, 1912, a contest between the Red Sox and New York Highlanders that drew a crowd of 27,000 fans.…
1939 – Packard becomes the first car manufacturer to offer air conditioning as an option. Since then, inventors began their quest for developing a functional cooling system for automobiles. However, consumers had to wait until 1939 when the luxury New York manufacturer Packard developed the first functioning and practical AC…
Forty years ago, in December 1978, following a decade of the Cultural Revolution led by Mao Zedong that left the communist country in ruins, a series of transformative economic reforms opened China up to the international community and foreign investment. The Chinese economic reform or reform and opening-up; known in…
According to the official government interpretation of the flag, the red background symbolizes the Chinese Communist Revolution. The five stars and their relationship represents the unity of Chinese people under the leadership of the CCP. The orientation of the stars shows that the unity should revolve around a center. The…
The Church of England is sometimes referred to as the Anglican Church and is part of the Anglican Communion, which contains sects such as the Protestant Episcopal Church. Church of England. The Church of England is also the mother church of the international Anglican Communion. It traces its history to…
The roots of the Day of the Dead, celebrated in contemporary Mexico and among those of Mexican heritage in the United States and around the world, go back some 3,000 years, to the rituals honoring the dead in pre-Columbian Mesoamerica. The roots of the Day of the Dead, celebrated in…
This was the introduction to almost a century and a half of English domination up to 1961 when South Africa became an independent Republic, after being a Union under British supervision for half a century – from 1910. British settlers arriving in 1820 The Cape Colony remained under Dutch rule…
The Tigers were founded in 1894 as a minor league franchise, playing alongside organizations that would become the Chicago White Sox, the Cleveland Indians, and the Baltimore Orioles in the Western League (the Tigers are the only surviving member of the Western League to remain in its original city). The…