1929-1942 Economic Time Period

By DakotaMalotte
  • President Hoover is Elected

    President Hoover is Elected

    Hand off president wants little to do with government intervention in the economy.
  • Black Tuesday

    Black Tuesday

    Stock market crashes.
  • Unemployment

    Unemployment

    3.2 million people are unemployed after the crash of the Stock market.
  • Bonus Bill is Passed

    Bonus Bill is Passed

    Veterans of WWI are given bonus funds and payment.
  • President Roosevelt is Elected

    President Roosevelt is Elected

    Serves three terms.
  • Wealth Tax Act

    Wealth Tax Act

    An increase in the taxes paid by wealthy people.
  • Dustbowl

    Dustbowl

    Severe Drought begins in Kansas and Colorado
  • AA is founded

    AA is founded

    The AA (alcoholics anonymous) is founded just months after the first canned beer is sold.
  • WWII

    WWII

    WWII starts
  • Thruman Arnold Pleads Guilty to Trading With Nazis

    Thruman Arnold Pleads Guilty to Trading With Nazis

    Assistant attorney General Thurman Arnold is taken to court and pleads guilty to trading information with Nazis.