-
Period: to
Roaring 20's
-
Stock Market Crashes
The stock market crashes, leading USA into the Great Depression. -
Stock Market Crash
Stock market crash begins October 24. Investors call October 29 "Black Tuesday." Losses for the month will total $16 billion, an astronomical sum in those days. -
Dust Bowl
The Dust Bowl was caused by the lack of crop rotation and basically killed the soil in the ground and drying it up causing dust storms. -
New President
FDR takes presidential office. -
Unemployment Rate
The unemployment rate went to its highest at 25% -
NRA
The Supreme Court declares the National Recovery Administration to be unconstitutional. -
Tax Rate Increases
Top tax rate raised to 79 percent. -
Stimulate the Budget
FDR asked Congress for an additional $3.75 billion to stimulate the still floundering economy -
WW2 Starts
World War II starts with Hitler's invasion of Poland. -
WW2 Prepares
Preperations for WW1 bring the USA out from the Great Depression.