Great Depression Timeline

  • 1928

    Most money was spent on advertising then education
  • 1929

    The stock market crashed
  • 1930

    Over 600 banks closed nationwide
  • 1931

    unemployment in the United States went from 4 million in 1930 to 12 million in 1932
  • 1933

    Franklin Delano Roosevelt launched the New Deal with the Emergency Banking Act.
  • 1934

    The Gold Reserve Act prohibited private ownership of gold and doubled its price.
  • 1935

    Dust Bowl formed, destroying crops, homes and lands
  • 1936

    farmers were losing $25 million dollars per day
    250,000 people fled the dust bowl but 2/3 stuck it out
    radio transformed america
    1/6 Americans were still unemployed.
  • 1938

    The rematch between schmeling and lewis was scheduled, at the Yankees Stadium in New York
  • 1939

    Joe Lewis won the rematch in only 124 seconds. The second quickest heavyweight title fight in history