Great Depression

  • Hoover becomes president

    Hoover becomes president

    Herbert Hoover is elected president
  • Stock Market Crash

    Stock Market Crash

    The stock market crashes , this was the beginning of the Great Depression
  • Dust Bowl

    Dust Bowl

    The dust bowl drought hits 23 states, and was one of the worst droughts in history
  • Unemployment at 16%

    Unemployment at 16%

  • Banks Collapse

    Banks Collapse

    A lot of major banks collapse and shut down , deposits are taken out
  • Hoover dam started

    Hoover dam started

    The hoover dam begins construction, opening jobs for unemployed.
  • Roosevelt is elected

    Roosevelt is elected

    Franklin Roosevelt is elected, beating Hoover in election.
  • Unemployment is 25%

    Unemployment is 25%

    The unemployment rate averages at 25% for the year.
  • Beer-wine Revenue Act

    Beer-wine Revenue Act

    This act ended prohibition and taxed alcohol to raise revenue.
  • Gold Reserve Act

    Gold Reserve Act

    Prohibited private gold ownership and changed gold prices
  • Social Security Act

    Social Security Act

    Provided income for the elderly, blind, disabled, and children of poor households.
  • Hoover dam dedicated to roosevelt

    Hoover dam dedicated to roosevelt

    The hoover dam was dedicated to president Franklin Roosevelt