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Great Depression Timeline

  • Jan 1, 1924

    Jan 1, 1924

    Stock market rises very fast
  • Construction Boom

    Construction Boom

    Construction boom is slowed.
  • Period: to

    The Great depression

  • Farmers Struggle

    Farmers Struggle

    Farmers Revunue is slowed by the prices going down
  • U.S. Stock Prices Fall

    U.S. Stock Prices Fall

    This is when people started taking notice of the great depression
  • Black Tuesday

    Black Tuesday

    Stock Market loses 30 billion
  • First Bank of America Riot

    First Bank of America Riot

    People Riot after going bankrupt due to loss of money
  • 100,000 Banks+ Fail

    100,000 Banks+ Fail

    100,000+ Banks fall since 1929, hurting the economy
  • Unemployment Rate Hits 25%

    Unemployment Rate Hits 25%

    Unemployment rate averages out at 25%
  • Franklin D. Roosevelt Becomes President

    Franklin D. Roosevelt Becomes President

    Franklin Roosevelt Tried to fix the unemployment rate decreasing it by almost 10% by 1937
  • The Gold Reserve Act

    The Gold Reserve Act

    banned private ownership of gold and doubled its price
  • Roosevelt Re-elected

    Roosevelt Re-elected

    One last term with Roosevelt
  • Agricultural Adjustment Act

    Agricultural Adjustment Act

    After the first one in 1933 was ruled unconstitutional this one was put in place, giving a minimum wage, and a max work week