The production declined sharply so did the profits and employment
In 1929 the President Roosevelt was elected and started the New Deal plan
In 1930 is when the stock market crashed
This is when the emergency banking Act passes
President Hoover said he had hoped the depression was almost over. Sadly it got worse after that.
The U.S enters the WWII and the Great Depression ends
The economic indicators had regained the levels of the late 1920s, except for unemployment, which remained high about 11%
Finally the Great Depression ended which was the economic downturn in the history of the industrialized world
Dec 7th 1941
When the United States enters the war following the Japanese attack on Pearl Harbour, the country is finally able to get out of the Great Depression by mobilising for war.