Great Depression

By grim19x
  • Stock market crashes, Black Tuesday

    Stock market crashes, Black Tuesday
    Stock market crashed, Black Tuesday
  • Dust bowl started

    Dust bowl started
    Severe drought and Dust Bowl conditions began to ruin farmers’ land, a condition that lasted until 1935.
  • Food riots

    Food riots
    Food riots broke out, workers marched on Detroit, and “foreign workers” were deported
  • Government lend banks money

    Government lend banks money
    Congress established the Reconstruction Finance Corporation to lend $2 billion to banks, insurance companies, building and loan associations, and farming organizations
  • Stocks plummet

    Stocks plummet
    Stocks reached their lowest point
  • Roosevelt and Hoover

    Roosevelt and Hoover
    Franklin D. Roosevelt beat Herbert Hoover in a landslide
  • Roosevelt

    Franklin D. Roosevelt took office
  • three day "bank holiday"

    three day "bank holiday"
    Roosevelt announced a three-day “bank holiday” to prevent a third run on banks and to shore up the banking system
  • Civil Works Administration

    Civil Works Administration
    The Civil Works Administration (CWA) was established to employ up to 4 million people on public works projects
  • Work Projects Administration formed

    Work Projects Administration formed
    The Work Projects Administration (WPA) was formed to employ up to 8.5 million people on public works projects across the country
  • Soical Security Act signed

    Soical Security Act signed
    The Social Security Act was signed into law, financed through payroll taxes
  • reelection

    FDR was elected to a second term as president
  • FDR asks Congress for more money

    FDR asks Congress for more money
    FDR asked Congress for an additional $3.75 billion to stimulate the still floundering economy
  • third term election

    third term election
    FDR was elected to a third term as president
  • World War II

    World War II
    Preparations for World War II stimulated the American economy and effectively brought an end to the Great Depression