The Great Depression

  • Herbert Clark Hoover was elected as president

    Herbert Clark Hoover was elected as president
  • Black Tuesday also referred to as the start of the Great Depression. Sellers traded over 16 million shares

    Black Tuesday also referred to as the start of the Great Depression. Sellers traded over 16 million shares
  • Hoover signed the Smoot-Hawley Tariff Act, which raised the price of taxes on nearly 900 imports

    Hoover signed the Smoot-Hawley Tariff Act, which raised the price of taxes on nearly 900 imports
  • Unemployment rate rose to 15.9%.Prices fell another 9.3% and people began to suffer the worst effects of the Great Depression

    Unemployment rate rose to 15.9%.Prices fell another 9.3% and people began to suffer the worst effects of the Great Depression
  • Hoover signed the Revenue Act of 1932. This raised taxes and worsened the Depression.

    Hoover signed the Revenue Act of 1932. This raised taxes and worsened the Depression.
  • Franklin Roosevelt launched the New Deal with the emergency Banking Act. This helped stop devastating failures.

    Franklin Roosevelt launched the New Deal with the emergency Banking Act. This helped stop devastating failures.
  • The Gold Reserve Act prohibited private ownership of gold and doubled its price.

    The Gold Reserve Act prohibited private ownership of gold and doubled its price.
  • Black Sunday was the worst dust storm.FDR passed the Soil Conversation Act to teach farmers sustainable methods.

    Black Sunday was the worst dust storm.FDR passed the Soil Conversation Act to teach farmers sustainable methods.
  • Throughout the year, the heat wave killed 1,693 people. 3,500 people drowned while trying to cool off.

    Throughout the year, the heat wave killed 1,693 people. 3,500 people drowned while trying to cool off.
  • The economy started contracting again, as the Depression resumed

    The economy started contracting again, as the Depression resumed
  • The economy started to grow again. The Great Depression was over.

    The economy started to grow again. The Great Depression was over.
  • Hitler invaded Poland, starting World War II.

    Hitler invaded Poland, starting World War II.