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world war 1
world war one ends and people start using credit cards instead of cash -
stock market skyrockets
due to industrialiaztion and consumer spending on credit, meaning a decrease in actual cash being spent -
Stock market crash
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 -
dust bowl
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. -
unemployment declines again
in 1931 the unemployment rate decreased by 16.24%. major banks begun to crash once again -
The Great Depression
the great depression hits america. banks are failing, 25% unemployment rate. Frank Roosevelt became president -
congress
congress had passed a social security Act which provided Americans with unemployement checks. -
sit down
flint had a sit down because the government changed the automobile workers -
world war 2
world war 2 begins in Europe which was marketing a turn around also known as the great depression -
The Great Depression ends.
Slowly but surely America started to recover from 10 brutal years of the great depression -
pearl harbor attack
the Japeneese attacked the united states. this attack was a short to the military. roosevelt declared war on Japan.
