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The great depression

  • The construction boom ends

    The construction boom ends

    As the economy deteriorates, construction across the country stops
  • Period: to

    The great deprssion

  • us stock prices fall

    us stock prices fall

    The fall of stock prices is seen as marking the beginning of the great depression.
  • black Tuesday

    black Tuesday

    The Most devastating stock market crash in the history of the united states, the market lost $30 billion in two days
  • first bank panic

    first bank panic

    The first bank panic ensues causing bankruptcies
  • Reconstruction Finance Corporation

    Reconstruction Finance Corporation

    The Corporation aimed to loan money to banks and rail roads to keep them from going bankrupt, unfortunately, this had little effect on the great depression as a whole, and didn't help to turn the economy around.
  • 100,000 Total banks have failed

    100,000 Total banks have failed

    100,000 banks have failed since 1929, crippling the economy.
  • Unemployment Hits 25 Percent

    Unemployment Hits 25 Percent

    Unemployment sky rockets to an unbelievable 25 Percent average for the year.
  • Hitler Comes to power

    Hitler Comes to power

    Thanks to Germany's economic desperation, hitler was able to push his way to the top, and gain the people's love by turning the economy around.
  • Franklin D. Roosevelt Becomes President

    Franklin D. Roosevelt Becomes President

    Franklin D. Roosevelt turned around America's Unemployment rate, when he became president the unemployment rate was 25 percent, and in 1937, it had fallen to 14.3 percent, a dramatic difference.
  • Roosevelt Reelected

    Roosevelt Reelected

    Franklin D. Roosevelt is reelected for another term
  • Agricultural adjustment act

    Agricultural adjustment act

    The agricultural adjustment act established a minimum wage and maximum work week
  • America Enters World War II

    America Enters World War II

    When the United States enters the war in 1941, it destroys the last remnants of the great depression, and American unemployment decreases to below 10 Percent