the great depression

  • world war 1 ends

    world war 1 ends

    Germany started to crumble and were defeated
  • stock market skyrockets

    stock market skyrockets

    More goods and products were produced.
  • the construction boom

    the construction boom

    Home prices went up when more houses were built
  • farmers share income

    farmers share income

    made a lot of profit when goods were sold.
  • u.s stock prices fall

    u.s stock prices fall

    prices went down on everything.
  • stock market

    stock market

    billions lost in the stock market crash.
  • Period: to

    The Great Depression

  • First Bank Panic

    First Bank Panic

    when the banks ran out of money people panicked.
  • Smoot Hawley Tariff

    Smoot Hawley Tariff

    Tariffs are raised.
  • 2nd bank panic

    2nd bank panic

    more than 600 banks fail a year.
  • reconstruction finance

    reconstruction finance

    created by Herbert Hoover.
  • 100,000 banks have failed

    100,000 banks have failed

    banks failed every year, about 600 a year.
  • re-election of roosevelt

    re-election of roosevelt

    The re-election of Roosevelt on Nov. 8,1932
  • the new deal begins

    the new deal begins

    taxes were raised.
  • unemployment hits 25

    unemployment hits 25

    people are unable to recover.