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Black Tuesday
The stock market crash, stock market prices art to drop. The stock markets loss 30billion. *Date might not be accurate -
Period: to
Great Depression
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The Worst is "Over"
President Hoovers told the Americans that the economy will recover soon within 60 days, but the Great Depression is actually just getting started.
3.2million people are unemployed.The unemployment rate climbs from 3.2 to 8.7 percent. *Date might not be accurate -
Food Riots
Hungry Americans smash grocery store windows, take food, and run away because they do not have any other way of getting food to eat. *Date might not be accurate -
New President
Franklin D. Roosevelt is elected for the president and promise “A new Deal”.
Top tax rate is raised from 25 to 63 percent. *Date might not be accurate -
Emergency Bancking Act
Congress passes the Emergency Banking Act. Roosevelt declares an eight days Bank Holiday. *Date might not be accurate -
Sweden Recovery
Sweden becomes the first nation to recover fully from the Great Depression. By 1934, Sweden real output had recovered to 1929 levels. By 1935, it was 7 percent above it. Growth would continue well into World War II. *Date might not be accurate -
WPA is Created
The president passes the legislation of creating Works Progress Administration(WPA). It employs more than 8.5 millions individual.It puts Americans to work doing many types of jobs including writing and building. *Date might not be accurate -
Social Security Act
The social security act is signed by the president. The Act provided benefits to retires and the unemployed, and a lump-sum benefit at death.President Roosevelt became the first president to support senior citizens *Date might not be accurate -
President Re-elected
Fraklin D. Roosevelt was elected to a second term as president *Date might not be accurate -
MIgrant Mother
Photographer Dorothea Lange tooks photograph of a poor family in California called “Migrant Mother”. One of the most famous images from the great depression. *Date might not be accurate -
Roosevelt Recession
The slow economic recovery made possible by New Deal programs suffers a setback as unemployment rises. People begin to lose hope that thing will get better. Some call it "Roosevelt Recession" *Date might not be accurate -
Stimulate the Economy
Roosevelt asked Congress to authorize $3.75 billion in federal spending to stimulate the dangling economy. Unemployment falls to 17.2 percent. *Date might not be accurate -
"The Grapes of Wrath" is published
The book "The Grapes of Wrath" by John Steinbeck is published. The book is about a family that is forced to leave home and try to find work in California during the Great Depression. *Date might not be accurate -
Good old days are back
The Depression is ending worldwide as nations prepare for the coming war.
*Date might not be accurate -
President re-elect again
Franklin D. Roosevelt was elected to a third term as president. *Date might not be accurate -
Japan attacks Pearl Harbor
Japan bombs American ships at Pearl Harbor in Hawaii. Thousands of Americans are killed in the attack. *Date might not be accurate -
END of the GREAT DEPRESSION
The United States declares war on Japan and joins World War II. The war created so much money and jobs for the economy, the Great Depression ends soon after the U.S. goes to war. *Date might not be accurate
