Timeline 1929-1941

By bellab12342

  • Stock Market Crash

    It was a sharp decline in U.S. stock market values in 1929 that contributed to the Great Depression. The crash didn't happen in one day, and was instead spread out over 2 weeks, starting on October 24, 1929.

  • Unemployment and Banks

    The unemployment rate hit 22.9% in 1932. In addition, 5,755 banks fail, resulting in the loss of clients' life savings. Many Americans lose their property in foreclosure.

  • Roosevelt is Elected

    FDR defeated Hoover by a landslide. This election represented a dramatic shift in the political alignment of the country.

  • Emergency Banking Relief Act

    The act called for a 4 day shutdown of banks for inspections. It sought to restore investor confidence and stability in the banking system. Banks only reopened if they were deemed financially sound.

  • Fireside Chat

    From March 1933 to June 1944, Roosevelt spoke to the American people via radio about a variety of topics. Millions found comfort in these speeches.

  • CCC (Civilization Conservation Corps)

    The CCC was a public works relief program that put unemployed, young, unmarried men to work in the nation’s forests and parks. Part of the New Deal legislation, the program helped combat high unemployment during the Great Depression

  • FERA (Federal Emergency Relief Administration)

    The Federal Emergency Relief Act of 1933 is passed and the Federal Emergency Relief Administration (FERA) is created. Its purpose was to provide work and cash relief for Americans struggling to get through the Great Depression.

  • AAA

    The Agricultural Adjustment Act offered farmers subsidies in exchanged for planting a limited amount of certain crops. By preventing overproduction, crop prices could increase.

  • Securities Act of 1933

    The Securities Act was established because of the stock market crash. It had two main goals, which were to ensure more transparency so investors can make informed decisions about investments, and to establish laws against misrepresentation and fraudulent activities.

  • PWA (Public Works Administration)

    PWA was designed to reduce unemployment and increase purchasing power. It did this by starting projects relating to highways, buildings, conservation, flood control, energy, housing, etc.

  • Repeal of the 18th Amendment

    The 21st amendment is ratified, repealing the 18th amendment. With the repeal, national prohibition of alcohol ended.

  • Second New Deal

    The Second New Deal focused on social reform with policies and programs to speed up the nation's recovery. The policies reacted to political opposition from both Congress and the Supreme Court and an outcry for more drastic action to combat the effects of the Great Depression. The programs and reforms launched provided for social and economic legislation to benefit the working class.

  • National Youth Administration (NYA)

    The NYA addressed concerns for employing the youth and giving them effective skills to do those jobs. They provided jobs for youth were in school but needed assistance to pay for their education and youth who were unemployed and needy.

  • Social Security Act

    The SSA established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, aid for dependent mothers and children, the blind, and the physically handicapped.

  • Banking Act of 1935

    The Banking Act completed the restructuring of the Federal Reserve and financial system begun during the Hoover administration and continued during the Roosevelt administration. It finalized those reforms in order to "provide for the sound, effective, and uninterrupted operation of the banking system."

  • Unemployment Record Low

    Unemployment was at it's lowest during 1937.

  • Reorganization Act of 1939

    Final Years of the New Deal:
    This act gave the President of the United States the authority to bring on additional staff and reorganize the executive branch (within certain limits) for two years subject to legislative veto. It was the first major, planned reorganization of the executive branch of the government of the United States since 1787.

  • Four Freedoms Speech

    Roosevelt stated that people worldwide shared in American entitlement to four freedoms: the freedom of speech and expression, the freedom to worship God in his own way, freedom from want, and freedom from fear.