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Black Tuesday
The stock Market Crashed, also known as "Black Tuesday", beggining several weeks of market panics.Approximately 12.8 million shares of stock are sold in one day, most at prices far below their values only a few days earlier. -
The Dust Bowl
Severe drought and Dust Bowl conditions began to ruin farmers’ land. -
Riots
Food riots broke out, workers marched on Detroit, and “foreign workers” were deported
No major legislation is passed addressing the Depression. -
reconstrustion finance
Congress established the Reconstruction Finance Corporation to lend $2 billion to banks, insurance companies, building and loan associations, and farming organizations. -
Radio Talk
President Roosevelt delivers his first radio "fireside chat," explaining to the American people what has happened in the U.S. banking system. -
Taking Office
Franklin D. Roosevelt took office
More than 11,000 of the nation’s 25,000 banks had closed
Roosevelt announces a three-day “bank holiday” to prevent a
third run on banks and to shore up the banking system -
CWA
Roosevelt establishes the Civil Works Administration (CWA) to assist unemployed workers through the winter months. -
Emergency Relief Appropriation Act & WPA
Congress passes the Emergency Relief Appropriation Act creating the Works Progress Administration (WPA) and providing almost $5 billion for work relief for the unemployed for such projects as construction of airports, schools, hospitals, roads, and public buildings. This act marks the beginning of the Second New Deal -
Photodocumentary project of The Great Depression
Roosevelt creates the Resettlement Administration (RA) to help poor farmers either improve the use of their lands or move to better lands. The agency's Historical Section begins a major photodocumentary project of the Depression. -
National Labor Relations Act
Congress passes the National Labor Relations Act, better known as the Wagner Act, to support the right of workers to organize and bargain collectively with employers over working conditions, benefits, and wages. The act also bans certain unfair business practices. -
The Social Security Act was signed
The Work Projects Administration (WPA) was formed to employ up to 8.5 million people on public works projects across the country -
Re-election
Franklin D Roosevelt was reelected for a second term of presidency -
Stimulate the Economy
Roosevelt asked Congress for an additional $3.75 billion to stimulate the still floundering economy -
Fashion
A new look in women’s fashion emerged in the 1930s. In response to the economic crisis, designers created more affordable fashions with longer hemlines, slim waistlines, lower heels, and less makeup. Accessories became more important as they created the impression of a “new” look without having to buy a new dress -
Ending of "The Great Depression"
The suffering American economy was given a boost when the fighting countries needed supplies and looked to America to make them.After Pearl Harbor was bombed on December 7, 1941, America entered the war. The U.S. enlisted more than 10 million men and women into the military. Since so many were fighting in the war, it was left for those left at home to work in the factories to make supplies for the war effort. -
Another term
FDR got reelected for his third term of presidancy
