Great Depression

By boofuz
  • Major Bank Collapse

    New York's United States Bank collapses, losing $200 million dollars.
  • Roosevelt Elected

    FDR is elected into presidency, defeating republician Herbert Hoover.
  • Unemployment

    Unemployment averages 24.9% for the year.
  • Radio Priest

    Charles Coughlin announces a weekly Radio broadcast, over 30 million listeners.
  • Congress passes laws

    Congress pass the Emergency Banking Bill, the Glass-Steagall Act of 1933, the Farm Credit Act, the National Industrial Recovery Act and the Truth-in-Securities Act.
  • Recovery Road

    GNP rises 7.7 %. Unemployment falls to 21.7 %
  • National Recovery Administration

    Supreme Court declares the National Recovery Administration to be unconstitutional.
  • Acts Passed

    Congress pass Banking Act of 1935, National Labor Relations Act, and the Social Security Act.
  • Tax Rate

    Tax rate raised 79 %.
  • New Deal

    New Deal legislation is passed because of Roosevelt's weakened political power.
  • Pearl Harbor gets bombed

    The Japanese bombed did a "sneak attack" on Pearl Harbor, Hawaii. Later U.S declares war on Japan, dragging us into WWII