-
Everybody rushed to get their money out of the stock market and in doing so caused the market to crash and many banks to close
-
-
The Empire State Building is completed
-
Veterans from WW1 march to the capital demanding bonus pay and get removed by the US Army
-
FDR is inaugurated
-
1 day after FDR was in office he closed the banks to evaluate them to close bad banks and support good ones.
-
The US raises the price of gold to $35 per troy ounce to put more money into the economy
-
The works progress administration creates over 8 million new jobs over teh next several years
-
A massive dust storm sweeps across the Midwest killing 7000 people and forcing 250000 to flee the plains
-
The national unemployment falls to 16.9%
-
this is regarded as the end of the great depression because the industry opened more jobs to assist in the war
