The Great Depression(1933-1941)

By DhruvShrub

  • Roosevelt Inaugrated

    Roosevelt Inaugrated
    The first 100 days of Theodore Roosevelt begins, including intensive legislative activity.

  • Bank Holiday given by Roosevelt

    Bank Holiday given by Roosevelt
    In order for Congress to act during the Great Depression, he kept all banks shut for four days.

  • Congress passes various laws to help with the Great Depression

    Congress passes various laws to help with the Great Depression
    The Congress passes the Emergency Banking Bill, the National Industrial Recovery Act, the Truth-in-Securities Act, the Glass-Steagall Act of 1933, and the Farm Credit Act. These were all laws passed by the Congress

  • Sweden recovers from the Great Depression

    Sweden recovers from the Great Depression
    Sweden becomes the very first country to recover fully from the effects of the Great Depression by following a policy of Keynesian deficit spending.

  • The Banking Act of 1935

    The Banking Act of 1935
    Congress passes the Banking Act of 1935. This act had changed the power and structure distribution in the Federal Reserve System.

  • No Major Legislation passed

    No Major Legislation passed
    After 1938, there were no major legislations passed regarding the Great Depression because Roosevelt had a weakened political power.

  • The United States borrows 1 billion dollars

    The United States borrows 1 billion dollars
    The United States borrows 1 billion dollars to develop armed forces, allowing them to emerge from the Depression

  • WW2 Begins

    WW2 Begins
    Hitler invades Poland, instigating WW2.