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Hoover Becomes President
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Stock Market Crash
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Smoot-Hawley Tariff Passes
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Unemployment Rises to 16%
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Congress Passes the Federal Home Loan Bank Act and the Glass-Steagall Act
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Unemployment Rises to 24%
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Franklin D. Roosevelt Becomes President
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Roosevelt Begins 'First 100 Days'
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First New Deal
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Unemployment Rises to 25%
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Unemployment Falls to 22%
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The Supreme Court Declares the National Recovery Administration to be Unconstitutional
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The Second New Deal
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Unemployment Falls to 17%
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The Supreme Court Declares the National Labor Relations Board to be Unconstitutional.
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Unemployment Rises to 19%
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The Great Depression Ends
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Start of World War II