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Black Thursday/Black Tuesday
This was the day that the stock market crashed officially sparking the Great Depression. -
Collapse of New York Bank of America
This was when people that had their money invested into this bank went to take all of it out due to the depression, but the bank had loaned their money and they just didn't have the money to pay the people. -
Food Riots in Minneapolis
This was when unemployed men and women went and looted grocery stores of their food. -
Establishment of the RFC
This was when the government set up the corporation that would finance the spending of all government affairs like railroads. -
Ford Hunger March
This was when thousands of Ford workers marched in the cold of Detroit carrying banners that said things like "Give Us Work" -
Bonus Army Conflict
This was when many men that came from a hooverville marched onto Washington and they started to riot for reparations for fighting in WWI and police shot a few men during the conflict -
Introduction of the "Bonus Bill"
It was an act that veterans' groups wanted to pass to give every WWI veteran each one-thousand dollars for fighting in the war. -
Election of FDR
This was when FDR took office and he had to deal with one of the biggest issues since the Civil War, he got us out of it and he initially went down as one of the greatest president in the US. -
FERA Established
This was the name of Roosevelt's administration that gave loans to states so they could fix things up in their state, it also set up camps for unemployed men and women. -
Establishment of the CCC
This was a corporation that gave many jobs to people from the government and drastically lowered the unemployment in America -
Passing of the Glass-Steagall Act
This was an act set up in 1933 to make sure that commercial banks could not invest in businesses so that they would have money to keep and give to the people when they wanted to deposit it.
