The Great Depression

By utter13

  • Herbert Hoover Becomes President

  • Recession Begins

    Stock market begins a recession. Production began to decrease by 20%

  • Stock Martket Crash

    Stock Market begins to crash. Loses for the month are $16 Billion

  • GNP and Unemployment

    GNP falls 9.4% from 1929 and the unemployment rate increases from 3.2 to 8.7%

  • GNP and Unemployement

    GNP falls another 8.5% and unemployment rises to 15.9%

  • Roosevelt Inaugurated

    President Franklin Roosevelt becomes president

  • Distribution of Wealth

    President Roosevelt wants to redistribute wealth from the rich to the poor and creates many government programs to get people back to work

  • Recovery

    U.S, is emerging from the depression and manufacturing has increased 50%. Most of the world starts to recover before the start of WWII