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Black Thursday
On this day stock market prices start to drop. The stock market "crashes" when prices keep dropping and by the end of November, the stock market loses $30 billion. -
The Broken Promise
President Herbert Hoover tells Americans that the economy will start to improve within the next 60 days. The Great Depression is actually just getting started. -
Low Stock in Food
Food riots start in cities across the United States. Hungry Americans smash grocery store windows, take food, and run away because they do not have any other way of getting food to eat. -
Pres. Roosevelt is Elected
Franklin D. Roosevelt is elected president for the first time. Many Americans did not think that President Hoover did enough to help them and hope that Roosevelt will end the Depression. -
Roosevelt Campain
While campaigning for president of the United States, Franklin Roosevelt promises Americans "a new deal." The programs he creates after he is elected will be called The New Deal. -
Emergency Banking Act
Congress passes the Emergency Banking Act. By the end of the month, almost all of the banks that had closed when the Depression started are open again. -
Tennesee Valley
The Tennessee Valley Authority, another New Deal program, brings electricity and jobs to Americans living in the southern part of the United States. -
New Jobs!!
The Works Progress Administration is created. It puts Americans to work doing many types of jobs such as writing, acting, building bridges, and building airports. -
New Deal Program
The first New Deal program, the Civilian Conservation Corps (CCC) is created. Thousands of young men go to camps to work on projects such as building parks, building roads, and fighting forest fires. -
Social Security
The Social Security Act is signed. The Act provides money every month for senior citizens.e -
Photography
Photographer Dorothea Lange takes photographs of a poor family working at a pea-picking camp in California. One of the photos, called "Migrant Mother," is one of the most famous photographs to come from the Great Depression. -
Unrecognized Hope
After showing some improvement, the economy starts to suffer again when more Americans lose their jobs. Many people begin to lose hope that things will ever get better.
