1913

In 1913, significant events shaped modern history. The Federal Reserve Act established the U.S. central banking system, aiming to stabilize the economy. The Ford Motor Company introduced the moving assembly line, revolutionizing manufacturing and making cars more affordable. The Balkan Wars occurred, shifting political boundaries in Southeast Europe. Additionally, the First Balkan War began, heightening regional tensions that contributed to future conflicts. This year also saw cultural achievements like the premiere of Igor Stravinsky's "The Rite of Spring," challenging musical conventions. Overall, 1913 was a year of economic reform, technological innovation, and political change.