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The Stock Market Crashes
Billions of dollars were lost on this day and it is referred to as "Black Tuesday". The drop in stock market prices caused the Great Depression. -
Britian Stops Using the Gold Standard
The United Kingdom stopped using the gold standard which was having gold back up the currency. They hoped that this would help their economy. -
FDR is Elected
Roosevelt was our 32nd president. He was the president for most of the Depression. -
The Fireside Chats
President Roosevelt gave fireside chats that would be broadcast over the radio. On his first broadcast, he addressed the banking crisis. -
Banning of Hoarding Gold
People could no longer hoard gold coins. This was an effort to make the economy turn around. -
NRA Is Declared Unconsitutional
The NRA was accused of cutting farm prices. They also encouraged the Union to fight for higher wages. -
The Grapes of Wrath
The Grapes of Wrath was released in 1939. This book let many readers escape from the depression and enjoy life.