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On this day stocks crashed. Billions of dollars were lost, wiping out many investors. After this, America and the industialized world went into the great depression
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Over three point two million people lost there job. The percent increased by one point five million before 1929
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Food riots are started to occur across America. Numerous people are smashing threw windows of grocery stores. The riots are stopped by 100 policemen, then people were arrested.
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Congress establishes the Reconstruction Finance Corporation. They are allowed to lend $2 billion to banks, insurance companies, building and loan associations, agricultural credit organizations and railroads.
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The Roosevelt recession refers to a time when the economic recovery from the Great Depression was stalled, lasting about 13 months. The unemployment rate jumped from 14.3% to 19.0%, the first increase since FDR took office. In response, in April 1938 Roosevelt got $3.75 billion in new spending from Congress.
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On May 1940, over three hundred fourty thousand prisoners escaped from Dunkirk. Hitler retreated and then British got to escape by sea.
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Nazi German's want to get rid of all of the Jewish people. They hate Jews because they thought they caused World War One. The Nazi's only wanted German's to live.
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The battle was between Japan and America at Hawaii. They were attacked by over 300 Japanese fighters. In the end, Japan got victory. United states started a war on Japan, then German and Italy declared war on the US. It badly damaged our Naval fleet.
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Indian, Canada, and Britain forces helped Hong Kong but lacked troops. While Allies had fourteen thousand troops, Japan only had fifty-two. It is important because this is when Hong Kong had surrendered to the Japan Empire.
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This happened during World War Two, it lasted until August 1944. This battle was between the Germans and Allies, it happened at Normandy South. The Allies wanted to trick the Germans, they had a plan to send them to Pas de Calais. It is an important event because the Germans fought the east, south, and west fronts. A Masive allied invasion in northern france
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On this day, Aldolf Hitler commited suicide. When he killed him self his location was in a bunker underneath his headquarters. He killed him self by swallowing a cyanide capsule and then he shot himself.
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Japan surrendered to the Allied forces, this makes it the last war of World War Two. Another reason why this is Vj day because it is when they signed the instrument of surrender.