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In August of 1929, the Great Depression started. The longest and deepest downturn in the history of the United States and the modern industrial economy. The reason this worldwide economic depression started was because of the stock market crash in October of 1929. Franklin D. Roosevelt helped the American people have faith in themselves. He would say, "the only thing we have to fear is fear itself.". -
The Dust Bowl began in 1930. This was a series of dust storms that hit America and Canada greatly damaging the 2 countries ecology and agriculture. Severe drought and a failure to apply dryland farming methods to prevent the aeolian processes. -
Food riots began in February 1931. They first began to break out in Minneapolis. several hundred men and women would smash the windows of local grocery markets and make off with fruits, ham, bacon, and canned goods. The reason banks started to collapse was because as the market went down, the farmers had less money to deposit which made the bank have less money making it harder to give loans and take deposits. -
In 1932 Franklin D. Roosevelt was elected president. He would win by a landslide gaining the vote of almost every state outside the Northeast. He would also receive the highest percentage of popular votes of any Democratic nominee up to that time. -
The first 100 days refers to 1 of 2 things. The first 100 days after Franklin D. Roosevelt was elected and the first 100 days after Barack Obama was elected. But Obama wasn't alive in 1933, so I am referring to Franklin D. Roosevelt. On July 24, 1933, Roosevelt gave a radio address in which he coined the term "first 100 days. -
Detrimental dust storms continue to hit America. On April 15th, 1934 the worst dust storm recorded hit. The day the storm hit was referred to as Black Sunday. And after this Roosevelt would present the Soil Conservation Act in order to help farmers learn how to work sustainably. -
This year specifically, 1937, Roosevelt had to was tasked with the difficult job of having to manage the debut of America. But at the same time try to keep the economy out of the depression. In order to relive the countries debut, he would cut funding to the New Deal programs. Which basically pushed the economy back into the depression. The Congress came up with a 5 billion dollar relief program making the economy grow by 5.1%. The unemployment rate at this time was also 14.3%. -
The economy started to grow again this year. Eventually pulling America out of the Great Depression. Even with the economy growth, the unemployment rate was still super high, higher than the year before at 19%. Form May 1937 to June 1938, the industrial production of the country also declined by 30 percent. But with the increase in are money supply we would pull out of the Great Depression as a country. -
In 1939, a Federal Security Agency is made to offer federal education funding, food, drug safety and Social Security, in order to help people try and get back on their feet. And when Hitler decided to invade Poland and begin WWII, Roosevelt convinced Congress to move American troops to France and and Britain to support them during the war. From this year to 1941, when Pearl Harbor was attacked by the Japanese, manufacturing in the country had gone up by 50%. -
As the war continued, president Roosevelt increased the defense budget. Which he also raised the top income to 81%. And now the unemployment rate is back down to about 14.6%. President Roosevelt asked for 1,800,000,000. This would end up working well and he would later request more for the National Defense. Total spending on national defense from 1940 and 1945 was a little over $5 trillion