-
The Great Depression begins
the stock market crashed and global economic downturn -
Banks fail
the banks cant give money back to the people -
Depression worsens
Jobs became unavailable -
Unemployment rises
unemployment rises to 23.6 percent and 10000 banks have failed -
Roosevelt elected
Roosevelt becomes president -
FDR declares bank holiday
The bank holiday stops run on banks -
us moves off gold standard
the gold could not support the economy -
share are wealth foundation was founded
huey long founds the share our wealth foundation -
The depression ends
we enter in world war two -
Unemployment shrinks
unemployment at 16.9% -
social security is created
to make sure nothing like this happens again -
soup kitchens are created
food riots broke out so soup kitchens are created