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1929
The U.S. stock market crashes, on Oct. 29th, leading into the famous Great Depression -
1930
The U.S. government enacts a new tariff law to protect American businesses, but this leads to retailion from other countries and contributes to the economic downturn of the 1930s -
1931
Severe drought and poor farming practices in the Great Plains region of the United States lead to massive dust storms, crop failures and environmental devastation -
1932
Thousands of WWI vets march on to Washington D.C. to demand early payment of their promised bonuses, highlighting the desperate economic conditions facing many Americans during the Great Depression -
1933
Franklin D. Roosevelt launches a series of New Deal programs to address the economic crisis, including the creation of the Civilian Conservation Corps, the National Recovery Administration, and the Ag Adjustment Act. -
1934
The U.S. Gov. passes new regulations to help prevent another stock market crash and protect investors -
1935
The U.S. government est. a social security system to provide retirement benefits for workers and help alleviate poverty among the elderly -
1936
The drought and dust storms in the Great Plains region continue, causing widespread crop failures and economic devastation and it keeps going as many die in hurt of this -
1937
The U.S. economy experiences a brief recession, largely due to the GOV. decision to reduce spending on New Deal programs in order to balance the federal budget -
1939
The outbreak of WWII leads to increased GOV. spending and a boost in the economic activity, helping to pull the U.S. out of the Great Depression