-
Herbert Hoover is elected as the 31st President and held office during the start of the Great Depression.
-
The Stock Market Crash was a sudden drop in stock prices in the United States in late October of that year.
-
Franklin D. Roosevelt is elected the 32nd President of the United States.
-
Winds from the Great Plains whip dust clouds miles high that sweep across the US towards the east coast.
-
Adolf Hitler gains power by instituting his Nazi regime in Germany.
-
4,000 banks in the US close in 1933 alone. Many Americans who had deposited money did not get it back.
-
First New Deal is introduced by FDR. Over 15 new laws are quickly enacted to fight the Great Depression.
-
Federal Housing Administration (FHA) established in part by the National Housing Act of 1934.
-
Social security systems are enacted to provide financial assistance to the elderly.
-
FDR is re-elected for his second 4 year term.
-
World War II pulls many nations out of the Great Depression with government spending on the war.
-
With spending going towards the war effort, many nations are pulled out of the Great Depression.
