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Prices of stocks increase
The average prices of stocks increased by 40% -
Stock Market Crash
On October 29,1929 " the Crash" happened and was known as Black Tuesday. -
Herbert Hoover becomes president
Herbert Hoover was elected president in 1929 -
No jobs available
four million Americans couldn't find a job due to the prices in stock market rising. -
Banks left with no money
Banks closed because they had no more money left. Eventually this caused the banks to turn into a loan business and hire back employees. -
President Franklin D. Roosevelt was elected
At the time 15 million people were unemployed and Franklin D. Roosevelt won astounding victory. -
Inauguration Day
U.S Sate ordered remaining banks to close at the end of the four wave. -
Dust Storms
Dust storms destroy 100 million acres of cropland in Kansas, Texas, Colorado, and Oklahoma. -
Social Security Act
The congress passed the social security act giving Americans payments. -
Hoover Dam
The Hoover Dam was finally finished and employed Americans and supplied energy across the US -
Joe Lewis vs. Max Schmeling
Max Schmeling was the winner of the 1936 heavyweight Title. -
Sharp Recessions
Sharp Recessions happened due to Federal Reserve's decisions ti increase the requirements for saving money