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Time for Hoover
The elected president for this year was, Herbert Hoover, a mining engineer from Iowa who had never run for public office. -
Black Tuesday
On this day, stocks plummeted and people that invested on them with credit were now deep in debt. -
Hawley-Smoot Tariff
Congress passes the Hawley-Smoot Tariff, designed to protect American farmers and, manufacturers from foreign competition. -
America's people suffer
8.02 million Americans are unemployed -
New President
Franklin Roosevelt is elected president -
Germany rises
Adolf Hitler uses desperate times to take power in Germany. -
Dust Bowl
Windstorms known to hit Kansas, Oklahoma, Texas, New Mexico, and Colorado the hardest in the U.S. -
Unemployment rate keeps rising
Unemployment averages at 20.1% for the year of 1935 -
Roosevelt Re-elected
Roosevelt re-elected as president. -
1937
Profits and wages return to their early 1929 levels -
Economy improves
Economy improves again in 1938 and employment rates improving are prolonged until the of the decade. -
Nazi Party
Hitler’s aggression causes war to break out in Europe. -
World War 2 Starts
The Great Depression is merely ended with the start of this war caused by Hitler and his attack and invasion on Poland -
The U. S. Joins in on WWII
After being attacked by the Japanese at Pearl Harbor, the U.S. fights along the Allies against the Axis party. -
War fixes the unemployment
Unemployment rate goes to under 1 million between 1942 and 1943