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The stock Market Crashes (Black Tuesday)
The stock market crashes marking the end of six years of prosperity for most sectors of the American Economy. An estimated $30 billion dollars in stock values will be lost by mid November. -
Food Riots
Men and women broke the windows of a grocery store and and take a bunch of food then a worker at the store pulled out a gun and the men and women jumped on him and broke his arm and by that point 100 police men came and stopped the riot and seven people got arrested -
The bank of the United States in New York Collapses
The bank of the United States in New York collapses the bank had more than $200 million in deposits and was reported as the largest single bank failure in the nations history. -
Franklin D. Roosevelt elected for first time
Franklin D. Roosevelt was elected for the first time on this date. Many Americans feel that Hoover didnt do enough and they hope that Roosevelt will end The Great Depression. -
Emergency Banking Act
Congress passed the Emergency Banking act and by the end of the month almost all of the banks that had closed during the Depression are up and running again. -
The Civilian Conservation Corps is created.
The CCC had young men go to camps and work on projects like building parks, roads, and fighting forest powers. -
The Tennessee valley authority is created
The Tennessee valley authority brought electricity and jobs to Americans living in the Southern part of the United States. -
Social Security is created
The Social Security Act is signed and the act provides money every month for senior citizens. -
The economy goes through more trouble
People started to lose their jobs again and people didnt have any more hope that things will get better. -
Franklin D. Roosevelt gets elected to his third Presidential Term
President Franklin D. Roosevelt was elected for his third term beating Wendell Willkie. The US enters into war and this war will end up ending the Great Depression. -
Japan bombs Pearl Harbor
Japan bombs Pearl Harbor and many Americans are killed during the bombing -
The Great Depression Ends
The United States go into World War 2 which would provide a lot of money for the economy and the great depression ended shortly after the US went into war.