Great Depression Era

By jimmyhoos11

  • World War 1 Ends

    World War 1 Ends
    Germany surrenders and the war is over.

  • Stock Market Prices Skyrocket

    Stock Market Prices Skyrocket
    The prices of the stockmarket skyrocket enormously.

  • Farmers Lose Income

    Farmers Lose Income
    Farmers income drops to only 9% nationally.

  • Stockmarket Prices Fall

    Stockmarket Prices Fall
    The stockmarket prices fall to a record breaking low of 381.17.

  • Stockmarket Crashes

    Stockmarket Crashes
    The StockMarket crashes leaving investors in panic and crisis. It lost 30$ bllion in in two days.

  • First Bank Failure

    First Bank Failure
    The first bank fails leaving people in a lot of trouble and causes a chain-link of fails nationwide.

  • Smoot-Hawley Trial

    Smoot-Hawley Trial
    Congress passes the Smoot-Hawley Tariff, steeply raising import duties in an attempt to protect American manufactures from foreign competition. The tariff increase has little impact on the American economy, but plunges Europe farther into crisis

  • Banks Keep failing

    Banks Keep failing
    By this time 100,000 banks have failed

  • Glass-Steagall Act

    Glass-Steagall Act
    In 1932, Congress passes the Glass-Stegall Act which bans any connection between commercial banks and investment banking.

  • Hitler comes to power

    Hitler comes to power
    Germany's economy is also crippling so they look towards Hitler to lead them.

  • Unemployment

    Unemployment
    The umemployment rate hits and unbeliveable 25%.

  • Radio Priest

    Radio Priest
    Charles Coughlin gets 30-45 million listeners for his weekly broadcasts.

  • Franklin Roosevelt Innaugerated

    Franklin Roosevelt Innaugerated
    FDR is elected as president of the united states to help us out of the depression.

  • 100 Days Begin

    100 Days Begin
    Fdr put" The New Deal" into action. The New Deal was a series a governemtn ran programs that were supposed to help the economy.

  • 100 Days End

    100 Days End
    The New Deal ends afetr 100 days

  • Securities and Exchange act

    Securities and Exchange act
    In 1934, Congress passes the Securities and Exchange Act. This helped to police activities related to the selling of securities. The Trade Agreement Act was passed to help end the trade wars.

  • Social Security Act

    Social Security Act
    In 1935, the Social Security Act was established to give assistance to the unemployed, handicapped and elderly. The Banking Act was passed to strengthen the Federal Reserve System.

  • FDR Re-Elected

    FDR Re-Elected
    FDR is elected to a second term as president

  • Minimum Wage Bill

    Minimum Wage Bill
    A Minimum Wage Bill was passed in 1938. This included implementing a 40-hour work week for workers of companies that participated in interstate commerce.

  • America Enters WW2

    America Enters WW2
    America declares war