The Great Depression

By seifnhs
  • Herbert Hoover becomes President

    Herbert Hoover becomes President

    Herbert Hoover becomes President in 1929.
  • Stock market crash begins October 24.

    Stock market crash begins October 24.

    Stock market crash begins October 24. Losses for the month will be a total $16 billion.
  • Period: to

    Major Events During 1929-1932

  • Period: to

    Major Events During 1929-1932

  • The GNP falls, and the unemployment rate climbs

    The GNP falls 9.4 percent from the year before. The unemployment rate climbs from 3.2 to 8.7 percent.

  • The GNP falls again, unemployment rises again.

    The GNP falls another 8.5 percent; unemployment rises to 15.9 percent.
  • Many Americans Lost Their Jobs

    Many Americans Lost Their Jobs

    Over 13 million Americans have lost their jobs since 1929.