DEPRESSION

By Bettiss

  • DANGER SIGNS

    DANGER SIGNS
    -crop prices fall/loans going unpaid
    -easy credit (too many goods not enough money)
    -unregulated business

  • PRESIDENT

    PRESIDENT
    Herbert hoover became president

  • STOCK MARKET CRASH

    STOCK MARKET CRASH
    BLACK TUESDAY
    -poverty spreads
    -dust bowl hits great plains
    -”Hoovervilles”shantytowns by homeless

  • FAIL BANK OF UNITED STATES

    FAIL BANK OF UNITED STATES
    The Bank of the United States failed. This was the largest bank failure in history.

  • FOOD FIGHTS AND DROUGHT

    FOOD FIGHTS AND DROUGHT
    Food riots broke out in Minneapolis.
    The drought continued hitting 8 southern the worst.

  • DUST STORMS

    DUST STORMS
    -14 dust storms hit the Midwest
    - the economy shrank 12.9%
    -unemployment rose to 23.6%

  • CIVILIAN CONSERVATION CORPS

    CIVILIAN CONSERVATION CORPS
    The civilian conservation corps was launched to hire 3 million workers to maintain public lands

  • SOCIAL SECURITY ACT

    SOCIAL SECURITY ACT
    The social security act provided income to the elderly, the blind, the disabled, and children in low-income families. It was paid for with payroll taxes and the Social Security Trust Fund

  • SUMMER

    SUMMER
    The hottest summer on record began. 8 states experience temperatures at or above 110 degrees, in July, 20 more states experienced this heat wave with some even reaching 120 degrees.

  • ECONOMY AND DEPRESSION

    ECONOMY AND DEPRESSION
    The economy started contacting again as the depression continued. The year ended with the economy growing 5.1%, unemployment fell to 14.3% and prices rose 2.9%. THE DEBT ROSE TO 37 BILLION

  • DEPRESSION WAS OVER

    DEPRESSION WAS OVER
    The economy started to grow again. The Great Depression was over.

  • WORLD WAR 2

    WORLD WAR 2
    Hitler invaded Poland starting world war 2. Louisiana experienced record breaking temperatures when the drought returned.