-
Herbert Hoover is elected president
On November 7,1928, Herbert Hoover was announced as the new president of the United States. -
Stock Market Crash
This was the beginning of The Great Depression. People paniced and decided to sell their stocks. People who had spend their whole life saving money were now bankrupt. By the end of the day, thirteen million shares had been traded and the market dropped four billion dollars. -
A poor economy
Over 3.2 million people were unemployed at this time. -
New York's Bank of the United States Collapses
Loosing $200 million in bank deposits, this made this to be the single largest bank failure in history. -
Franklin D. Roosevelt is elected president
-
Franklin D. Roosevelt is inaugurated
"The only thing we have to fear is fear itself." -
The New Deal
President Franklin D. Roosevelt put The New Deal in place on this date. This plan was designed to help the economy by creating 3 million jobs for the american people. -
Congress Establishes the CCC
The Civilian Conservation Corps (CCC) created jobs for 250,000 young men in road construction and national parks. -
The PWA is established
The Public Works Administration (PWA) built things like roads, diposal plants, schools, and airports. -
The CWA is established
The Civil Works Administration (CWA) provided work to four million unemployed people -
The 21st Amendment goes into effect
The 21st Amendment appealed the 18th amendment and ended prohibition. -
The Dust Bowl
The Dust Bowl lasted three days and blew about 350 million tons of soil out of the West and Southeast. The soil was blown as far as New York and Boston. -
The Social Security Act is created
The Social Security Act gives benefits to people retiring at 65, gives aid to children, and gives unemployment insurance. This act is still in effect today. -
One of the most famous pictures from the depression was taken
Dorothea Lange took this picture from a pea-picker's camp in California. -
A strike at the General Motors Plant in Flint, Michigan
-
Franklin D. Roosevelt is inaugurated to a second term
-
Memorial Day Massacre
Ten people are killed and a dozen are wounded. -
FDR asks Congress for $3.75 billion to stimulate the economy
-
Franklin D. Roosevelt is elected to a third term as president
-
The attack on Pearl Harbor
The bombing of Pearl Harbor boosted the U.S. industry and put an end to The Great Depression.