The Great Depression

By Jknot777
  • Stock Market crash of 1929

    Stock Market crash of 1929

    Stock prices throughout america dropped by 11%
  • Hoover signed Smoot-Hawley Tarrif Act

    Hoover signed Smoot-Hawley Tarrif Act

    Raised taxes on 900 imports, which was meant to help farmers but instead heavily raised taxes on other items
  • Reconstruction Finance Cooperation

    Reconstruction Finance Cooperation

    Lent 2 billion dollars for financial institutions to prevent further failures.
  • The "New Deal"

    The "New Deal"

    Franklin D. Roosevelt launches the "New Deal" which closed all banks in the United States
  • "Gold Standard"

    "Gold Standard"

    Everyone abandon the gold standard and was demanded to trade gold for dollars
  • "The Gold Reservation Act"

    "The Gold Reservation Act"

    Made it illegal to own private gold and doubled its price.
  • "Soil Conservation Act"

    "Soil Conservation Act"

    Paid farmers to build soil building crops
  • "Wagner Steagle Act"

    "Wagner Steagle Act"

    This was a housing act making more affordable houses for people to live in.
  • More Economy Contraction

    More Economy Contraction

    More contraction was happening while the depression resumed.
  • The Great Depression Comes to an end

    The Great Depression Comes to an end

    The great depression comes to a close.
  • Economy Grew

    Economy Grew

    The economy grows by 8 percent.
  • Huge Drought

    Huge Drought

    A huge drought returned to Louisianan leaving the temperature for high and unbearable.