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When panic starts...
People, in a panic, begin selling off all of their stocks for lower and lower prices. The Stock Market begins to dramatically decline. -
Black Tuesday
The day the Stock Market crashed. Thus began the Great Depression. -
Hoover says the worst is over
It had only just begun. -
Hawley-Smoot Tariff
Hoover passes tariff hoping to protect American industry in time of economic downfall. However, other countries raise their tariffs in return, therby hurting the economy more. Highest tariff in history. -
People Sell Apples in New York to Make Ends Meet
Nearly 6,000 apple sellers filled the streets of New York, selling apples for 5 cents a piece. -
Food Riots Break Out
With millions suffering from poverty, malnutrition becomes common. People riot for food, with soup kitchens no longer being able to supply the demand. -
Period: to
Bonus Army Marches on Washington.
15-25 thousand WWI veterans camp in shantytowns in D.C. demanding their bonus checks. When some don't leave, General McArthur forces them out with tanks and tear gas. -
Unemployment at 25%
Highest it will be during the Depression. -
FDR Inagurated
Blame for the Depression fell on Hoover. Americans wanted change when they voted for Roosevelt. Republicans suffered their second worst defeat in history. -
Emergency Banking Act
Created to save banks, enacted on "Bank Holiday." -
Period: to
Alphabet Agencies Created
Dozens of alphabet agencies were created by Roosevelt to help the US get of of the Depression. They focused around relief, recovery, and reform. -
Coughlin Establishes the National Union for Social Justice
Father Charles Coughlin, a major radio personality, establishes the National Union for Social Justice. -
Dust Storm Rages Across US
Three day dust storm stirs up 350 millions tons of soil, and blows it as far east as New York. -
Social Security is Created
Retirement pensions and unemployment insurance guaranteed. -
Huey Long Assasinated
"The Kingfish," who proposed a "Share the Wealth" idea for America was a major threat to FDR. His assasination guaranteed FDR's reelection. -
Dorothea Lange Takes "Migrant Mother" Photo
One of the most well-known and influential photographs of the Depression and in America throughout history. -
Grapes of Wrath Published
Focusing around Okies migrating to California due to the dust bowl caused by the severe drought in the Great Plains region. The story is a very true portrayal of America at the time. -
The Great Depression Ends
With the bombing of Peral Harbor, the US enters into WWII, thus ending the Depression.
