The great depression between 1929 and 1932

By fturaif

  • 1929

    In 1929, Herbert Hoover becomes president after Calvin Coolidge.

  • 1929

    October 24, 1929, the stock market begins to crash. The losses for the month was about 16 billion.

  • 1930

    The national Gross income falls 9.4 percent since the year before.

  • 1930

    The rate of unempolyment rapidly increases from 3.2 to 8.7 percent.

  • 1931

    The national Gross income falls further an 8.5 percentage.

  • 1931

    The rate of unemployment increases again, but to a 15.9 percent.

  • 1932

    Since 1929 the national Gross income has fallen 31 percent.

  • 1932

    This is one of the worst years of the great depression, unemployment has increased again to a 23.6 percent, since 1929 over 13 million Americans have lost their jobs, international trade has rapidly decreased since 1929.