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Chronology of Poverty

  • Period: to

    World War I

  • Wall Street Crash

    Wall Street Crash
    The Wall Street Crash of 1929, also known as Black Tuesday, took place between the 24 and the 29 October 1929 and was the most devastating stock market crash in the history of the United States.
  • Period: to

    Great Depression

  • Federal Emergency Relief Administration

    Established in 1933 with a budget of 4 billion dollars, this organization aims to provide food to the most needy and create jobs in the public sector to reduce unemployment.
  • Social Security Act

    Legislative act which created the Social Security system in the United States.
  • Period: to

    World War II

  • "War on Poverty"

    "War on Poverty"
    United States President Lyndon B. Johnson declares « War on Poverty » during his State of the Union adress : Measure to expand the government's rôle in education and health care as poverty reduction strategies.
  • 1973 Oil Crisis

    1973 Oil Crisis
    The 1973 oil crisis started in October 1973 and lasted until March 1974. Arab countries decided to increase the price of the barrel of Crude Oil of 70% and create an embargo on the importation to the United States and Western Europe. This results in a fuel shortage.
  • Reagan removes Social aids

    Reagan removes Social aids
    The Reagan administration suppresses about fifty social programs and reduces by half the budget for social housing.
  • First International Day for the Eradication of Poverty

    First International Day for the Eradication of Poverty
    The International Day for the Eradication of Poverty is celebrated every year on October 17 throughout the world.
    "Wherever men and women are condemned to live in extreme poverty, human rights are violated. To come together to ensure that these rights be respected is our solemn duty" ~ Joseph Wresinski
  • Hurricane Katrina

    Hurricane Katrina
    The homeless, less protected, were the main victims of the deadliest hurricane in United States which took the lives of 1,836 people and caused 108 billion dollars damage.
  • Health Insurance Reform

    Health Insurance Reform
    Barack Obama enacts two laws reforming health insurance, the "Patient Protection and Affordable Care Act" and the Health "Care and Education Reconciliation Act"