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Stock Market Crashes
The New York Stock Exchange trades a record number of shares as the stock prices plummet. -
Franklin D Roosevelt Elected
FDR is elected president. He will go on to take many actions to help the economy. -
Bonus Army
Many veterans marches on Washington to demand their pensions immediately. Hoover mishandled the situation and it was his ultimate downfall. -
Glass-Steagall Act
The Glass-Steagall act is passed and creates FDIC to protect banking investments up to $5,000. -
Public Works Administration
Public Works Administration is a New Deal Program that created jobs for many men and allowed many families to receive an income. -
Golden Gate Bridge Construction Started
The Golden Gate Bridge construction is started, which will create jobs for many men. -
Tennessee Valley Authority
The Tennessee Valley Authority is signed into action. It creates jobs, navigation, flood control, and electricity. -
Social Security Act
The government passes the Social Security Act to provide pensions for the elderly, disabled, and dependent children.
