Great Depression

  • Period: to

    Great Depression

  • Herbert Hoover is Elected President

    Herbert Hoover is Elected President

  • Recession Begins, Production Falls by 20%

    Recession Begins, Production Falls by 20%

  • Stock Market Crashes

    Stock Market Crashes

  • Smoot-Hawley Tariff Act Passed, Extremely High Tax on Imports

    Smoot-Hawley Tariff Act Passed, Extremely High Tax on Imports

  • First Bank Fails

    First Bank Fails

  • F.D.R. Elected President

    F.D.R. Elected President

  • Executive Order 6102 Passed

    Executive Order 6102 Passed

    Required people who possessed gold to give it to the Federal Reserve in exchange for $20.97 per troy ounce.