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Great Derpssion
lasted from 1929 to 1939, and was the worst economic downturn in the history of the industrialized world. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors -
Herbert Hoover
American engineer, businessman and politician who served as the 31st president of the United States from 1929 to 1933 during the Great Depression -
Black Tuesday
October 29, 1929. On this date, share prices on the New York Stock Exchange completely collapsed, becoming a pivotal factor in the emergence of the Great Depression. -
Dust Bowl
an area of Oklahoma, Kansas, and northern Texas affected by severe soil erosion (caused by windstorms) in the early 1930s, which obliged many people to move. -
Bonus Army
12,000 to 15,000 World War I veterans who, with their wives and children, converged on Washington, D.C., in 1932, demanding immediate bonus payment for wartime services to alleviate the economic hardship of the Great Depression. -
Franklin Roosevelt
FDR, was an American statesman and political leader who served as the 32nd President of the United States from 1933 until his death in 1945 -
first 100 days
passed 15 major laws–including the Agricultural Adjustment Act, the Glass-Steagall Banking Bill, the Home Owners’ Loan Act, the Tennessee Valley Authority Act and the National Industrial Recovery Act–that fundamentally reshaped many aspects of the American economy. This decisive action also did much to restore Americans’ confidence that, as Roosevelt had declared in his inaugural address, “the only thing we have to fear is fear itself.” -
The End of The Depression
Ended by sharp reductions in spending, taxes and regulation at the end of World War II
