-
The Crash
Stock market crashes and banks begin to run out of money. -
Smoot-Hawley Tariff
Steeply raises import duties in an attempt to protect American manufacturers. -
The Bank of the United States
Sees $200 million in deposits disappear -
Unemployment Rates Rise
Unemployment averages 24.1% -
Roosevelt Elected
Franklin D. Roosevelt wins presidential election in a landslide against Herbert Hoover -
Townsend Proposes Pension Plan
Townsend proposes state-funded pensions for the elderly to boost consumption and employment. -
Unemployment Decreases
Unemployment averages at 21.4% -
Roosevelt Re-elected
Roosevelt is re-elected in a landslide vote against republican Alf Landon. Roosevelt wins every state except for Maine and Vermont. -
Unemployment Drops Again
The average rate of unemployment was at 14.3% -
World War 2 Starts
Hitler invades Poland and begins WW2 -
FDR Re-Elected
FDR runs for president and wins election once again -
Pearl Harbor
Japan attacks US Naval base, Pearl Harbor.
