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Unemployment lowers to 3.2% for the year
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The American Stock Market crashes, signaling the Great Depression.
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Unemployment lowers to 3.2% for the yar
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The American Stock Market Crashes, signaling the beginning of the Great Depression
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New York's Bank of the United States collapses in the largest bank failure to date in American history.
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New York's Bank of the United States collapses in the largest bank failure to date in American history.
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Democrat Franklin D. Roosevelt wins against Herbert Hoover in a landslide for presidency
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Democrat, Franklin D. Roosevelt, wins against Herbert Hoover by a landslide for presidency
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There were 28 states without banks.
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There were 28 states without any banks in the U.S.
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Unemployment rate averages 24.9% a year.
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Franklin D. Roosevelt is Inaugurated into office as the 32nd president of the United States of America
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Franklin D. Roosevelt is inaugurated into office as the 32nd president of the United States
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Huey Long founds the Share Our Wealth Society, advocating the rich to redistribute their wealth to the poor.
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Huey Long founds Share Our Wealth Society, distributing wealth equally by advocating the rich to donate to the poor
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Unemployment averages 20.1% for the year
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U.S. farmers were losing $25 million per day from the lack of crops.
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Dust storms make U.S. Farmers lose $25 million per day.
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Hoover Dam was made and gave jobs to thousands of unemployed men. One of the biggest man-made projects in the Great Depression.
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One of the biggest man made projects leading up to the Great Depression boosting moral.
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This fight pit good vs. evil. (Schmeling representing Germany and Lewis representing U.S.) 100 million were watching worldwide. Joe Lewis won in only 124 seconds.
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Boxing match pitting good vs. evil (Schmeling signifying Germany and Lewis U.S.) that 100 million Americans watched worldwide
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Britain and France declared war on Germany due to Germany invading Poland
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France and Britain declare war on Germany due to Germany invading Poland
