Economic Timeline 1920-1936

  • Recession

    Unemployment jumps from 4% to 10%. GNP is -19%
  • Financial Stocks Innovation

  • Mild Recession

    Many farmers move into cities (lasts until 1927)
  • Begininng of Great Depression

    Main cause was the Stock Market crash in October of that year. Many investors went into panic and many shares were sold.
  • Roaring 1920's

    GDP rises due to new inventions being made during the Roaring 1920's
  • Lowest Point of Great Depression

    Unemployment goes from 4 million people to 6 million people
  • WWII Tensions Increase

    Tensions increase in Germany which is significant because WWII is what eventually took the US out of The Great Depression