The Great Depression

By Jknot777

  • Stock Market crash of 1929

    Stock Market crash of 1929
    Stock prices throughout america dropped by 11%

  • Hoover signed Smoot-Hawley Tarrif Act

    Hoover signed Smoot-Hawley Tarrif Act
    Raised taxes on 900 imports, which was meant to help farmers but instead heavily raised taxes on other items

  • Reconstruction Finance Cooperation

    Reconstruction Finance Cooperation
    Lent 2 billion dollars for financial institutions to prevent further failures.

  • The "New Deal"

    The "New Deal"
    Franklin D. Roosevelt launches the "New Deal" which closed all banks in the United States

  • "Gold Standard"

    "Gold Standard"
    Everyone abandon the gold standard and was demanded to trade gold for dollars

  • "The Gold Reservation Act"

    "The Gold Reservation Act"
    Made it illegal to own private gold and doubled its price.

  • "Soil Conservation Act"

    "Soil Conservation Act"
    Paid farmers to build soil building crops

  • "Wagner Steagle Act"

    "Wagner Steagle Act"
    This was a housing act making more affordable houses for people to live in.

  • More Economy Contraction

    More Economy Contraction
    More contraction was happening while the depression resumed.

  • The Great Depression Comes to an end

    The Great Depression Comes to an end
    The great depression comes to a close.

  • Economy Grew

    Economy Grew
    The economy grows by 8 percent.

  • Huge Drought

    Huge Drought
    A huge drought returned to Louisianan leaving the temperature for high and unbearable.