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Election of President Hoover
He was elected in 1928 to 1933. He thought that the people dont need help from the them and that they have to their thing on there own with no help from the goverment and others. -
Stock Market Crash
It started in 1929 when the people didnt have enought money to buy more stocks. The people that had stocks they lost the stocks and they lost a lot of money with it and didnt got the money back from the stock that they had. -
Banks runs
This happened when the banks started to lost some money on what happened with the stocks. Some banks closed becuase they didnt have money to pay to the goverment. When the people took there money from the banks the banks closed bacuase they need the money to keep the place running with workers. -
FDR elected president
He was elected on 1933 to 1945. He created some new programs to help the people that are poor , that doesnt have jobs and some that dont have money to buy things. -
First 100 days legislation
The first 100 days legislayion are the days that FDR staid as president of the US and started to make some programs for the people to have jobs and money -
Feseral Deposit Insurance Corporation Passed
FDIC was passed on 1933 and this is that there were making banks to help thwe people to save their money in a save place. the FDIC is a company that is with same of the bank to help the people with their money. -
Social Security Act (SSA)
The SSA was passed in 1935 and this help the people that doesnt work and those one's that are in a old age. This act help a lot of old people that cant do anything. Like some people that cant work or do anything for money they cant have enougth money when they get at an old age. -
America Enters World War 2
The Americans enter WW2 in 1941 but they have a declaration on Germany at 1939. This was a good opportunity to some people to get jobs bacuase some people were going to war at that time and bacuase of that the Great Depression ended.