-
the construction boom ends
as the economy goes down the construction across the country -
Period: to
Great Depression Timeline
-
U.S. Stock Prices Fall
the fall of stock prices is dropping in prices quickly -
Stock Market Crash (black Tuesday)
the worse stock market crash in the history of the U.S the market lost $30 billon in two days -
Smoot-Hawley Tariff
steeply raising import tax's to a attempt to protect America manufactures from foreign competition -
Reconstruction Finance Corperation
the corporation aimed to loan money to bank and rail roads to keep them from going bankrupt -
100,000 Total banks have failed
100,000 bank fail cause the crippling the economy -
The New Deal Begins
his began to help the economy it implemented things like minimum wage and maximum work week and child labor laws -
Unemployment Hits
Unemployment sky rockets 25 Percent -
Hitler Comes to power
Germany economic desperation hitler was able to push his way to the top by turning the economy around -
Franklin D. Roosevelt Becomes President
Franklin D. Roosevelt turned around America's Unemployment rate was 25% it had fallen to 14.3% -
Roosevelt Reelected
Franklin D. Roosevelt is reelected for another term -
Agricultural adjustment act
The agricultural adjustment act established a minimum wage and maximum work week