Second great depression

The Great Depression

By 099900811
  • 1929 Stock Market Crash

    1929 Stock Market Crash

    Begins the Great Depression as many lose invested money
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    .

  • Hawley Smoot Tarriff

    Hawley Smoot Tarriff

    Hawley Smoot Tarriff was put into affect to protect its citizens from foreign competition, and reduce imports and exports by 50%
  • New York Bank of the United States Collapses

    New York Bank of the United States Collapses

    The New York Bank of the United States failed and had lost 200 million dollars in deposits.
  • Period: to

    Dustbowl Period

    During this Time, the people who farmed in the Plains states had suffered due to their crops failing, caused by many dust storms and roughts. This period is known as the "Dustbowl".
  • Unemployment Rate Reaches 25%

    Unemployment Rate Reaches 25%

  • Five Million Unemployed American Citizens are Working

    Five Million Unemployed American Citizens are Working

  • Social Security Act is Passed

    Social Security Act is Passed

    The Social Security Act is passed, which mostly benefits retired people.
  • Aid to Families with Dependent Children Put into Effect

    Aid to Families with Dependent Children Put into Effect

    The Aid to Families with Dependent Children essentially assissted children in families with little or no income.
  • CIO help United Auto Workers stage a strike

    CIO help United Auto Workers stage a strike

    This is an example of how poor labor conditions and wages were. The Congress of Industrial Organizations assisted the United Auto Workers of GM stage a strike, due to low and unfair wages.
  • Increased Need for World War II Soldiers Helps End the Depression

    Increased Need for World War II Soldiers Helps End the Depression

    The need for defense in World War II helps to end America's depression,