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world war one ends and people start using credit cards instead of cash
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due to industrialiaztion and consumer spending on credit, meaning a decrease in actual cash being spent
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the stock market crash in 1928 was known as one of the worst crashes in america. wiping out millions of investors on the day known as black tuesday
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the dust bowl hit most of america causing. wrecked homes, garden and crops destroyed making farmers loose thousands of dollars and having to get loans from banks.
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in 1931 the unemployment rate decreased by 16.24%. major banks begun to crash once again
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the great depression hits america. banks are failing, 25% unemployment rate. Frank Roosevelt became president
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congress had passed a social security Act which provided Americans with unemployement checks.
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flint had a sit down because the government changed the automobile workers
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world war 2 begins in Europe which was marketing a turn around also known as the great depression
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Slowly but surely America started to recover from 10 brutal years of the great depression
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the Japeneese attacked the united states. this attack was a short to the military. roosevelt declared war on Japan.