Great Depression

By 4042767school

  • March 04, 1929

    Herbert Hoover becomes the 31st President of the United States.

  • October 29, 1929

    The stock market plunges, which will become known as "Black Tuesday."

  • June 17, 1930

    The Smoot-Hawley Tariff Act is passed. Many economists say this act contributed to the Great Depression.

  • February 1931

    Food riots begin to break out in parts of the U.S.

  • 1932

    Unemployment Rises to 23.6 percent and over 10,000 banks have failed since 1929.

  • July 02, 1932

    Presidential candidate Franklin D. Roosevelt makes his "New Deal" speech.

  • November 08, 1932

    Franklin D. Roosevelt is elected president.

  • March 04, 1933

    The "First One Hundred Days" of Roosevelt's presidency begins. Over 15 new laws are quickly enacted to fight the Great Depression.

  • April 19, 1933

    The United States moves off the gold standard.

  • December 05, 1933

    Prohibition is repealed by the 21st Amendment.

  • May 24, 1937

    The Supreme Court rules that the Social Security Act is constitutional.

  • September 01, 1939

    World War II begins when Germany invades Poland. The depression ends over the next several years as the U.S. builds up its armed forces.