Great Depression

By breigel
  • Herbet Hoover is elected President of the USA

    Herbet Hoover is elected President of the USA

    Herbet Hoover was elected the 31st President. I think this is a very important.
  • Period: to

    Great Depression

  • Stockmarket crashed

    Stockmarket crashed

    Stockmarket prices dropped down. Over $30 billion was lost. This day is referred to as "Black Thursday"
  • Hoover claims "the worst is over"

    Hoover claims "the worst is over"

    Hoover stated in an interview that the worst was over. Claimed the economy would be better in 60 days little did he know the worst was just getting started.
  • Roosevelt states he has a new deal

    Roosevelt states he has a new deal

    While campaigning for President Roosevelt states he has a new deal and if elected president he promises to show the new deal.
  • Roosevelt is elected

    Roosevelt is elected

    Mant of the Americans did not think Hoover was standing by and doing his job right. Many elected Roosevelt so it was no surprise that he won.
  • Emergency Banking Act is passed

    Emergency Banking Act is passed

    As many know the banks were closed when the Great Depression hit. Congress passed this act and the banks opened back up.
  • Work Progress Administration puts Americans to work

    Work Progress Administration puts Americans to work

    The Work Progress Administration was created. This put many Americans to work.
  • Social Security is created

    Social Security is created

    This Social Security Act was created and signed into law. This Act provided money for the senior citizens.
  • The economy hits another recession

    The economy hits another recession

    The economy starts to suffer again as many Americans lose their jobs. Several people lost hope that America would get better.
  • Great Depression ends

    Great Depression ends

    Great Depression Ends.US declared war on Japan which creates more money for the economy.