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Wall Street Crash
The Wall Street Crash or the Great Crash was a major American stock market crash that occurred and sparked the great depression. -
Unemployment Rate
8.7% – the economy would shrink by 8.5% and prices fell by 6.4%, firmly allowing inflation to sink in. -
Banks Colapse
One of the biggest banks, The bank of the United States, fails causing the biggest failure in a bank at the time. -
Food Riot
People began to struggle for food which caused a riot among everyone. -
Roosevelt
President Roosevelt was elected -
Black Sunday
The biggest dust bowl hit the US causing president Roosevelt introduces the Soil Conservation Act. -
Hoover Dam Completion
The construction of the damn was the result of a massive effort involving thousands of workers, and cost over 100 lives. -
Spending Cuts
President Roosevelt had to cut and manage debt so he cut back on spending on the new deal programs. -
Economic Growth
The economy started to grow again this year, eventually bringing the country out of the Great Depression. However, unemployment rates were still extremely high. -
United States Enters The War
When the United States enters the war following the Japanese attack on Pearl Harbour, the country is finally able to get out of the Great Depression by mobilizing for war.