The Great Depression 1925-1937

By chargerzfan3

  • Hitler produces Mein Kampf

    Hitler produces Mein Kampf. This will indirectly affect the US economy by Hitler’s gain of support during WW2.

  • Liquid-Fuel Rocket

    The liquid-fuel rocket is invented by Robert Goddard, thus throwing the US’ funds into astrophysics.

  • Penicillin is discovered

    Penicillin is discovered, reconstructed the world’s medicine field. The Automated Bread Slicer is also developed. This will help ration bread sources during the Great Depression.

  • Stock Market Crash

    The stock market crashes, marking the end of six years of unparalleled prosperity for most sectors of the American economy. The "crash" begins on October 24 (Black Thursday). By October 29, stock prices will plummet and banks will be calling in loans. An estimated $30 billion in stock values will "disappear" by mid-November.

  • The Chrysler Building is completed

    The Chrysler Building is completed, becoming the world's first man-made structure taller than 1,000 feet (305 m). December 2 – Great Depression: U.S. President Herbert Hoover goes before Congress and asks for a US$150 million public works program to help generate jobs and stimulate the economy.

  • American gangster Al Capone is sentenced

    American gangster Al Capone is sentenced to 11 years in prison for tax evasion in Chicago, Illinois. June 19 – In an attempt to stop the banking crisis in Central Europe from causing a worldwide financial meltdown, President Herbert Hoover issues the Hoover Moratorium.

  • AC is invented.

    AC is invented. This will help make homes more comfortable throughout the nation. Scientists also manage to split the atom, redirecting the world’s attention from astrophysics to the nuclear sciences.

  • U.S. President Herbert Hoover is succeeded

    U.S. President Herbert Hoover is succeeded by Franklin D. Roosevelt, who in reference to the Great Depression, proclaims "The only thing we have to fear, is fear itself" in his inauguration speech. FDR is sworn in by Chief Justice Charles Evans Hughes. It is also the last time Inauguration Day in the United States occurs on March 4.

  • Adolf Hitler becomes the Chancellor of Germany.

    Adolf Hitler becomes the Chancellor of Germany. This will soon become the world’s focus as he begins to establish concentration camps and leads World War 2.

  • Social Security is established in America.

    Social Security is established in America. This will protect the identities of millions of Americans, and overall boost the economy by 2.3%.

  • The Hoover Dam is completed on the Nevada border to Arizona.

    The Hoover Dam is completed on the Nevada border to Arizona. This will help cipher water to all parts of the desert land, as well as produce a huge amount of electricity, enough to power both states at once. This boosts the economy by .6%.

  • The Golden Gate Bridge is officially opened.

    The Golden Gate Bridge is officially opened. California’s traffic casualty rate drops by 12%, thus decreasing life insurance expenses and increasing the state’s economy. Tourists came from around the country to marvel at the architectural achievement, recirculating the country’s entire fund source.