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Hoover Elected
Herbert Hoover wins the presidential election of 1928. -
Black Tuesday, "The Crash"
The day the stock market crashed, with no safety nets and no backup plans. -
Smoot-Hawley Tariff
Congress passes the Smoot-Hawley Tariff, raising import duties to attempt to protect American manufacturers from foreign competition. -
Major Bank Collapse
Many bank franchises around the country closed due to the lack of money. -
Roosevelt Elected
Franklin D. Roosevelt defeats Herbert Hoover by a landslide in the election. -
Radio Priest
"Radio Priest" Charles Coughlin's broadcast draws in about 30-45 million listeners. -
Roosevelt Inauguration
Roosevelt is inaugurated into office as the 32nd President of the United States. -
Townsend Plan
Dr. Francis formally incorporates Old Age Revolving Pensions to lead the Townsend movement. -
Hoover Dam
Hoover Dam is completed and dedicated by Franklin D. Roosevelt. -
Roosevelt Reelected
Franklin D. Roosevelt is elected to a second term, winning against Alf Landon. -
World War II
World War II begins with two sides, Axis and Allied powers. -
United States Enters the War
The attack on Pearl Harbor puts the United States into World War II. The mobilization for war finally lifts the economy out of the depression.