-
Herbert Hoover
Herbert Hoover becomes the 31st President of the United States. -
The Beginning of the stock market crash
The stock market reaches its peak, but there are signs that the economy is slowing. -
The Stock Market Crash
The stock market begins to crash. -
Black Tuesday
The stock market plunges. This day will became known as "Black Tuesday." This is when the price and the # of stocks plunged. -
The Empire State Building
The Empire State Building is completed. -
Unemployment
Unemployment Rises to 23.6 percent and over 10,000 banks have failed since 1929. -
The Bonus Army
The Bonus Army of U.S. veterans march on Washington and demand their bonus pay. They are removed by the U.S. Army by force. -
Franklin D. Roosevelt
Franklin D. Roosevelt is elected president. -
The Depression Laws
The "First One Hundred Days" of Roosevelt's presidency begins. Over 15 new laws are quickly enacted to fight the Great Depression. -
Explanation of Banking Laws
President Roosevelt gives his first Fireside Chat. He explains the new banking laws. -
National Industrial Recovery Act
The National Industrial Recovery Act, the Farm Credit Act, and the Banking Act of 1933 are all passed by Congress. The Public Works Administration (PWA) is established. -
The Dust bowl
A huge dust storm envelops much of the Midwest. This day is called "Black Sunday."
