-
Stock Market Crash
Investors sold overpriced shares -
Glass Steagall Act
Separated investment banking and retail which helped with loans and deposits -
Revenue Act of 1932
Hoover signed this act making income tax rate increase 63%, which worsened the depression. -
Emergency Banking Act
Provides relief during the emergency of Great Depression to help stabilize banks. -
Civilian Concentration Corps
Work relief program that allowed millions of young men employment to work on parks, buildings, etc. -
Works Progress Administration
Part of New Deal, employing many Americas, giving jobs such as building roads, airports, writing and acting. -
Social Security Act
President Roosevelt created a federal assurance for elderly unemployed Americans. -
Great Depression Ends
Ended because of WW2, US joining because Pearl Harbor. This war created jobs and money.