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The average prices of stocks increased by 40%
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On October 29,1929 " the Crash" happened and was known as Black Tuesday.
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Herbert Hoover was elected president in 1929
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four million Americans couldn't find a job due to the prices in stock market rising.
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Banks closed because they had no more money left. Eventually this caused the banks to turn into a loan business and hire back employees.
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At the time 15 million people were unemployed and Franklin D. Roosevelt won astounding victory.
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U.S Sate ordered remaining banks to close at the end of the four wave.
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Dust storms destroy 100 million acres of cropland in Kansas, Texas, Colorado, and Oklahoma.
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The congress passed the social security act giving Americans payments.
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The Hoover Dam was finally finished and employed Americans and supplied energy across the US
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Max Schmeling was the winner of the 1936 heavyweight Title.
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Sharp Recessions happened due to Federal Reserve's decisions ti increase the requirements for saving money
