Great Depression By Cameroon Aug 2, 1929 Recession begins Period: Aug 3, 1929 to Dec 3, 1932 10000 banks fail, $2 billion lost and 15 million unemployed Sep 1, 1929 Price of stocks rise 40% Oct 29, 1929 Black tuesday Jun 1, 1933 NRA begins Nov 2, 1933 Us unemployment 4.9% Period: Feb 3, 1935 to Feb 3, 1938 Works progress administration Jan 2, 1938 Congress enstates minimum wage