India  

This Day in History: FDR Signs the Beer and Wine Revenue Act

Video Credit: Wibbitz Top Stories - Duration: 00:48s - Published
This Day in History: FDR Signs the Beer  and Wine Revenue Act

This Day in History: FDR Signs the Beer and Wine Revenue Act

This Day in History:, FDR Signs the Beer and Wine Revenue Act.

March 22, 1933.

After 14 years of Prohibition, the Beer and Wine Revenue Act finally allowed the sale and government taxation of alcoholic beverages with no more than 3.2% alcohol.

The act was part of FDR's New Deal, a series of economic measures intended to pull America out of The Great Depression.

It was one of his first actions as president.

Its passage signaled the repeal of the 18th Amendment and the Volstead Act, which prohibited the sale of alcohol in the U.S. While a victory for the powerful temperance movement, Prohibition increased illegal trafficking of alcohol.

It had little effect on its consumption.

Later that year in December, the 21st Amendment was passed, bringing the era of Prohibition to an end


You Might Like


💡 newsR Knowledge: Other News Mentions

Great Depression Great Depression Worldwide economic depression (1929–1939)

Why the U.S. Has 11-Week Wait to Inaugurate President After Elections: Oneindia Explains [Video]

Why the U.S. Has 11-Week Wait to Inaugurate President After Elections: Oneindia Explains

In this video, we dive into the unique U.S. electoral system that sees voters heading to the polls in November, only for the new president to be inaugurated in January. We’ll explore the historical context behind this 11-week transition period, examining its origins in early American agriculture and the changes brought about during the Great Depression with the ratification of the 20th Amendment. As we discuss the implications of this extended period, we’ll also touch on recent political dynamics, including how figures like Kamala Harris and Donald Trump fit into this electoral landscape. Discover why this transition period matters and how it impacts governance in the United States. #USElections #USElection2024 #KamalaHarris #DonaldTrump #ElectoralSystem #TransitionPeriod #PoliticalHistory #20thAmendment #VotingProcess #AmericanPolitics ~HT.97~PR.274~ED.155~GR.125~

Credit: Oneindia    Duration: 03:46Published