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Period: to
Great Depression
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Stock Market Crash
This is also called "Black Tuesday". There was huge rates of unemployment and stock prices fell drastically. This was the event that marked the beginning of the Great Depression. -
Fedral Deposit Insurance Coperation
(Federal Deposit Insurance Corporation)
This proram protects people's money. This deal insures banks savings and deposits. -
New Deal
This was a program made by Franklin D. Roosevelt that provided people with jobs and regulating banks. This was made up of different programs such as the WPA. (Work Progress Administration) -
Social Security Act
This is an act that provides retirement pensions, unenployment insurance, and payments to disabled workers. -
Depression ends
In the year 1939 The Great Depression ended and WWll begins. The hard times ended with the rapid growth of employment and government spending money for World War II.