During the Great Depression.

By champion.bonnie

  • Banks fail; Money is lost; Many unemployed.

    1929 - 1932 During this time, around 10,000 US banked failures occured, and about $2 billion deposits money were lost. Also, 13 million people were counted as unemployed.

  • NRA Begin; CCC camps

    NRA, also known as the National Recovery Administration started, and about 27,000 men begin working in CCC camps.

  • Roosevelt; 3rd Bank Panic; Bank Holiday

    Roosevelt is inaugarated 3rd bank panic, and FDR declares Bank Holiday to stop run on banks.

  • More Unemployments.

    The US unployment reaches 24.9%

  • WPA

    Works Progress Administration

  • 'Practical Prosperity'

    FDR says country enjoys 'Practical Prosperity'

  • Minimum Wage

    Congress passes the Wages and Hours Act, also known as (minimum wage).

  • Armed Forces

    One billion dollars is spent on armed forces, and unemployment rate drops to 17.8% in the US.

  • WWII

    US enters WWII and manufacturing goes up by 50%. War isn't so bad afterall.