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The Great Depression

By 16MTerry

  • Stock Market Crash

    Stock Market Crash
    Brought the "Roaring Twenties" to a roaring hault. Plunged many into a deep hole of debt.

  • Herbert Hoover becomes President

    Herbert Hoover was President from 1929-1933. He was president when the Great Depression started.

  • Bank System Failure

    Bank System Failure
    Banks begin to shut down. They were unable to meet it's obligations to it's depositors. People lost all of their money that they had invested in th bank.

  • Unemployment

    Unemployment
    More than 3.2 million people are unemployed at this time. Before the stock market crashed, the unemployment was 1.5 million.

  • FDR becomes President

    FDR takes over for Hoover. He helped people regain faith in themselves, and their government.

  • Congress passes the Glass-Steagall Act

    Congress passes the Glass-Steagall Act
    Separates commercial from investment banking and sets up the Federal Deposit Insurance Corporation to guarantee bank deposits.

  • Dust Storm of 1935

    Dust Storm of 1935
    Major Dust storm came through and destroyed millions of acres of wheat. This, on top of the great depression put even more farmers into hard times.