History Timeline

By torres.sofia313
  • Period: to

    The Great Depression

  • Black Thursday

    Black Thursday

    Kicked off the stock market crash
  • Smoot-Hawley Act

    Smoot-Hawley Act

    Raised import tariffs and arguably worsened the Great Depression.
  • Dust bowl began

    Dust bowl began

    The tragic event that killed all crops some people and livestock in southern areas because of a dry drought.
  • Food riots and Banks collapse

    Food riots and Banks collapse

  • FDR presidency

    FDR presidency

  • New deal Launched

    New deal Launched

    The new deal launched programs like the Social Security Act to reverse the downward economic spiral.
  • The first hundred days

    The first hundred days

    The first hundred days of FDR's presidency
  • Creation of the Works Progress Administration

    Creation of the Works Progress Administration

    FDR created a work program for the unemployed.
  • President Roosevelt Elected For a Second Term

    President Roosevelt Elected For a Second Term

  • Spending on New Deal Programs Cut

    Spending on New Deal Programs Cut

  • Farm Security Administration established

    Farm Security Administration established

    Helped fund farmers to produce crops and improve farms
  • Great Depression coming to an end

    Great Depression coming to an end

    The economy started to grow again and The Great Depression was improving.
  • World War 2 begins

    World War 2 begins

  • Defense Budget Increased for WW2

    Defense Budget Increased for WW2

  • United States Enters the War

    United States Enters the War

  • Hiding structural problems

    The 1920s stock market bubble hid serious structural problems in the underlying economy. The same is true for the real estate bubble in the 2000s.
  • Period: to

    Another Great depression

  • workers' wages stagnated while the income of the wealthiest Americans rose

    By 2003 the distribution of income had reached the 1929 point, with the richest 1 percent of families received the same income as the bottom 40 percent.

  • Americans turned to borrowing more through credit cards and home equity loans.

    By 2006 these practices had turned Americans' savings rate negative , its worst performance since the Great Depression