The Great Depression

By Agibbs11
  • The Stock Market Crash of 1929

    The Stock Market Crash of 1929

    , 1929, stock prices had nowhere to go but up, so there was considerable recovery during succeeding weeks.
  • Black Tuesday

    Black Tuesday

    stock market crashes, $16 billion total losses

  • 1929-1932

    1929-1932, 10,000 U.S. banks fail. $2 billion deposits money lost. 13 million unemployed

  • Rosevelt

    Rosevelt inaugurated 3rd band panic, FDR declares Bank Holiday to stop run on banks

  • U.S. unemployment

    24.9%
  • NRA

    NRA

    (NRA) begins, 27,000 men work in CCC camps
  • WPA

    WPA

    Works Progress Administration

  • FDR

    FDR says country enjoys practical prosperity

  • minimum wage

    congress passes Wages and Hours Act

  • N/A

    $1 billion spent on armed forces unemployment (17.2%)
  • WWII

    WWII

    U.S. enters WWII, manufacturing goes up by 50%