passes the United States Senate, submitting the proposed 21st Amendment to the Constitution to the states for ratification. The amendment is ratified on December 5, ending prohibition in the United States.
March 1933 The Great Depression: President Franklin D. Roosevelt declares a "Bank holiday", closing all United States banks and freezing all financial transactions (the 'holiday' ends on March 13). Great Depression: The U.S. Congress begins its first 100 days of enacting New Deal legislation. The Dow Jones Industrial Average rises from 53.84 to 62.10. The day's gain of 15.34%, achieved during the depths of the Great Depression.
April 1933 – The United States officially goes off the gold standard.