Poverty in The United States

By Alphajunebug

  • New York Stock Market Crash

    The Wall Street Crash of 1929 not only signalled the end of a booming era(The Roaring Twenties), but it was the beginning of the harshest poverty conditions the world has yet known.

  • The Election of Franklin Roosevelt

    Franklin Delano Roosevelt is elected to the presidency, and the Great Depression eases slightly with his influence and programs.

  • World War II

    World War II would mean the end of the Great Depression, with industrialism forcing the country beyond its low state of poverty and unemployment.

  • The Election of Harry Truman

    Harry S. Truman succeeds FDR as president, and WWII is won during his presidency. The economy has begun to lift itself out of the serious poorness brought about by the depression.

  • Invention of The Modern Credit Card

    The modern credit card is invented and spending on credit becomes a major part of the economy.

  • Low Unemployment and Poverty in The 1950s

    The rates of poverty and unemployment are at a record low since the Great Depression.

  • The Other America is Published

    Michael Harrington publishes his book The Other America, exposing the unseen poverty that Americans still experience after the depression.

  • The Election of Lyndon Johnson

    Lyndon B, Johnson is elected to the presidency, and his Great Society programs focus largely on the poor of America.

  • The Economic Opportunity Act of 1964

    Groundbreaking legislation is passed for the war on poverty, creating more jobs and lowering the unemployment rate.

  • Recession of The 1980s

    The United States experiences a fall in the living conditions, something that has happened repeatedly since the 1960s.

  • PRWOR Act of 1996

    The Personal Responsibility and Work Opportunity Act was one of the first important welfare acts enacted by President Bill Clinton.