-
Hoover becomes president
Republican candidate Herbert Hoover wins the election -
US stock prices fall
The fall of stock prices is seen as the beginning of the depression -
Stock market crash (black Tuesday)
Stock market crashes, US loses 30 billion in 2 days -
First Bank panic
Financial crisis that led to severe decline in money supply during the depression -
Smoot Hawley Tarrif Act
Law that implemented protectionist trade policies in the US -
Major bank collapse
New York's bank of the Unites States collapses. Largest bank failure to date, 200 million in deposits disappear. -
Roosevelt elected
Democrat Franklin Roosevelt elected as president. -
Emergency Banking Act
Emergency banking act becomes a law -
SEC
The SEC is created to regulate the stock market -
Black Sunday
Huge dust storm occurs in Midwest -
Roosevelt inaugurated
Roosevelt is inaugurated to his second term as president -
WWII begins
Germany invades Poland, beginning of war
