The Great Depression and New Deal 1920's-1941

  • Eighteenth Amendment

    The Eighteenth Amendment know as Prohibition, goes into effect,banning the sale and manufacture of all alcoholic beverages in the United States.
  • Period: to

    The Great Depression and New Deal

  • 1923

    The value of stocks on the U.S. stock market begins a six-year upward climb.
  • 1928

    Republican Herbert Hoover is elected president of the United States. His poicies would prove ineffective in fighting the Great Depression that struck in October 1929.
  • October 24,1929

    October 24,1929
    Known as "Black Thursday", a record-breaking crash on the NewYork Stock Exchange begins several weeks of market panics. Many investors lose vast sums of money when the value of stcks plummets. Aprroximately 12.8 million shares of stck are sold in one day, most at prices far below their values only a few days earlier.
  • October 29, 1929

    Known as "Black Tuesday," the value of stocks on the New York Stock Market continues its dramatic decline.Estimated 16,410,000 shares, a record number, are sold.
  • 1930

    Congress authorizes construction of Hoover Dam, known as Boulder Dam during the New Deal, on the Colorado River. construction begins in 1930 and is completed in 1936. The project provides thousands of jobs.
  • 1931

    Sales of glass jars for preserving food at home increases dramatically. Presrving food decreases aa fsamily's expenses.
  • 1931

    New York city reports ninety-five cases of death by starvation as the number umemployed and tose going hungry increases.
  • 1931

    Alphonse Capone, the nation's most notorious gangster, receives an elven -year prison sentence for incom tax evasion.
  • 1931

    Drought begins in the Eastern states during the summer and quickly spreads to the midwest and Great Plains. The drought will continue through out the decade resulting in "dust bowl" conditions.
  • 1931

    A drougt beginsin the Eastern states during the summer and quickly spresads to the Midwest and Great Plains. The drought will continue throughout the decade resulting in "dust bowl" conditions.
  • 1932

    Sixty percent of the U.S. population still faithfully pay the few cents it costs to attend movies.
  • 1932

    Jigsaw puzzles are mass-produced for the first tme and provide inexpensive entertainment.
  • 1932

    Prices for farm produce hit bottom as farmer unrest rises.
  • 1932

    the Depression spawns cuts in educational budges affecting teacher salasris and programs offered and leasds toschool clousres, especially in rural areas.
  • 1932

    Congress stablishes the Reconsturction Finance Corporationto provide federal financial support to the banking system.
  • July 2,1932

    Franklin Delano Roosevelt delivers a speech accepting the Democratic nomination for president pledging " a new deal for the American people."
  • Bonus Army

    Thousands of unemployed and finacially strapped World War I veterans and their families kown as the Bonus Army, march on Washington, DC seeking early payment of previously promised bonus pay, buyt are denied by Congress. Violence erupts, reflecting badly on the Hoover Administration.
  • 1933-1935

    Midwestern outlaws rob banks and kill citizens on wild rampages through the nation's heartland.
  • 1933

    The number of marriages declines 40 percent from the 1920's level as couples, unable to earn a living wage, postpone marriage.
    The number of lynchings of black Americans in the United states during the Great Depression peaks at twenty-eight.
    membership in teachers' unions such as the American Federation of Teachers (AFT) increasesrapidly in reaction to budget and staff cuts due to the Depression.
  • 1933

    Unemployment reaches 25 percent of the nation's workforce
  • 1933

    Estimates reveal that well oer one million Americans are homeless and almost one-fourth are riding the reailroads in search of work or aimlessly drifting.Outh coprise 40 percent of the number on the rails.