The Great Depression

By ahoward6
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    The Great Depression

  • President Hoover Inaugurated as President

    President Hoover is inaugurated as the 31st President of the United States.

  • Stockmarket begins to crash

    The stockmarket begins to decline.

  • Black Tuesday

    The stockmarket crashes and the Great Depression officially begins.
  • GNP $104 bilion dollars, UR @ 3.3%

    GNP $104 bilion dollars, UR @ 3.3%

  • GNP 1930 $91 billion, UR @ 8.7%

  • The Star-Spangled Banner is adopted as the national anthem

    Lyrics to Star-Spangled Banner

  • GNP $77 billion, UR @ 15.9%

  • GNP $59 billion dollars, UR @ 23.6%

  • Lame Duck Amendment/ 20th Amendment Ratified

    Twentieth Amendment to the Constitution, sometimes called the “Lame Duck Amendment,” is ratified, moving the president's inauguration date from March 4 to Jan. 20

  • President Franklin D. Roosevelt Inaugurated

  • GNP $56 billion, UR @ 24.9%

  • GNP $66 billion, UR @ 21.7%

  • Works Progress Administration

    Works Progress Administration is established.

  • Social Security Act

    Social Security Act is passed.

  • GNP $73 billion, UR @ 20.1%

  • GNP $84 billion, UR @ 16.9%

  • GNP $92 billion, UR @ 14.3%

  • Fair Labor Standards Act passed

    Setting the first minimum wage in the U.S. at 25 cents per hour.

  • GNP $86 billion, UR @ 19.0%

  • End of Great Depression, WWII on horizon

  • GNP $92 billion, UR @ 17.2%

  • GNP $101 billion, UR @ 14.6%