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The collapse [crash] of the stock market, on Wall Street, New York City, signified the beginning of the Great Depression.
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Unemployment was at 8.9% and continuing to decrease.
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The Hawley-Smoot tariff was passed in an attempt to boost the economy by raising tariffs. This has little impact on the economy.
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Unemployment for this year averaged at 16.3%
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This collapse was the largest bank failure in American history to date, $200 million in deposits vanished, and left the people in a state of panic.
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Unemployment averaged at 24.1% that year
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Franklin Roosevelt beat former President, Herbert Hoover, in the 1932 election
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Unemployment averaged at 24.9% during this year.
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Charles Coughlin (AKA Radio Priest) starts his airing of a weekly broadcast in support of Roosevelt. Draws in 30-45 million listeners. (Forced off-air in 1939 due to Pro-Fascist ideology)
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Roosevelt wanted to bring the people together and calm the down, and in effort to do so, Roosevelt got on air to talk to the people all over the country.
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Roosevelt New deal is introduced to congress, an effort to create jobs and boost the economy.
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President Roosevelt is inaugurated into office
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Unemployment averages at 21.7% for the year
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Huey long founds the SOWS (Share our Wealth Society), a program designed to share the nation'welath in an effort to create better living among all Americans.
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Founded by Charles Coughlin (radio priest) in an effort to challenge Roosevelt's New Deal. Charles Coughlin now opposes the President, Franklin Roosevelt
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Unemployment averaged at 20.1% that year
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Congress passes the Second New Deal, another effort to create jobs and boost the economy.
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Huey Long, creator of the Share our Wealth Society, is assassinated inside the Louisiana capitol building
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unemployment averages at 16.9%
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President Roosevelt is elected for office for his second time.
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unemployment averages at 14.3%
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unemployment averages at 19%
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unemployment averages at 17.2%
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The Japanese attacked pearl harbor, destroying tons of navy ships and killing hundreds or US soldiers. Americans are furious, and the great depression ends immediately.
