-
The crash of the stock market was tragic to america's history, the amount of money borrowed was too great to be able to pay back at the time of the crash and spiraled into the event we all now know. The Great Depression is commonly used as an example of how intensely the world's economy can decline.
-
In 1933 the FDR launches the New Deal to fund job programs, social security, and affordable housing production, demonstrating a systematic response to poverty and homelessness.
-
Around 1933 after the stock market crashes starts the homeless epidemic and many american's over 1 million can not feed their family and start the endless cycle of being in the gutter of not being able to support their family or themselves.
-
In 1933 the Congress enacts National Industrial Recovery Act to allocate funding for low rent housing.
-
In 1934 the FDR launches the federal Housing Administration to stabilize the national housing market.
-
The US Housing Act of 1937 establishes the first public housing.
-
The G.I Bill provides mortgage assistance programs and college or vocational education for veterans, broadening the middle class
