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U.S. Stock Prices Fall
The stock prices were falling and Americans began to worry about how much money they had and if it was safe. -
Stock Market Crash
The stock market crashed on a day known as Black Tuesday banks ran out of money and people began to worry if their family would have any money. -
First Bank Panic
People started to panic what had happened to their money because most banks were filing for bankruptcy and had no money left. -
Revenue Act
This act was put in place by Herbert Hoover. He thought this would be a good thing however it made taxes bigger and worsened the depression. -
Hoovervilles
They were shanty towns built by homeless people during the great depression it was named after Herbert Hoover because they believed he caused it. -
Bonus Army
World War 1 Veterans were marching at Washington trying to receive pension. Hoover ordered force with the military to get them out of Washington. -
Franklin D. Roosevelt becomes president
Franklin Roosevelt wins the election in a landslide. He is put with a big task of getting the U.S. out of the depression. -
New Deal
President Roosevelt gave us the new deal which helped with the economy and bank reforms along with giving us Mount Rushmore. -
Emergency Farm Mortgage Act
Farmers crops weren't selling and they were losing a lot of their profit but this act provided farmers loans so they didn't have to close. -
Dust Bowl
The dust bowl were lots of severe dust storms that ruined the agriculture and forced some people to move out west. -
Hoover Dam
The Hoover Dam was built over a period of 5 years it created a lot of jobs during the great depression although it was very dangerous. -
World War 2
When Germany started attacking other countries it put the US into war creating a lot of jobs and getting the United States out of the Great Depression