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Before Black Tuesday there where many events that led up to Black Tuesday which included loans going unpaid, crop prices falling, uneven distribution of wealth, easy credit, and unregulated business.
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Hoover was in presidency from 1929-1933
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October 29th marks the day known as "Black Tuesday." Poverty spreads throughout the U.S.
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When Hoover was elected he tries making jobs for people who were unemployed so that they could get back on their feet.
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During the first few years of the Great Depression Pop Culture flourished in the U.S.
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FDR won the election of 1932. He passed the "New Deal" which helped people find jobs and protect peoples money.
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The New Deal was passed by FDR after he took presidency. It gave people jobs and protected savings.
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FDR passed 15 bills during the first 100 days of his presidency. They were all meant to help people get back on their feet from the crash of the stock market.
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The second new deal was passed in 1935. It included Social Security, Wagner Act (which allowed collective bargaining), and the Fair Labor Act (44 hours a week, no child labor, and a minimum wage.)
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The new deal included "To Think That I saw it on Mulberry Street"
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The new deal brought things like "The Cat and the Hat" and "Grapes of Wrath
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The Wizard of Oz was the 1st movie made in color. It was also made during the end of the Great depression.