-
Herbert Hoover was elected president shortly before the start of the Great Depression. Hoover started his first term to lead up to him not being reelected.
-
The Stock Market crashed on this day in history and hit an all time low. It bottomed out and caused financial issues around the country.
-
This was passed in order to protects farmers and American businesses. But, it caused a strain on the economic status of the Great Depression.
-
New York's Bank of the United States collapses due to no regulations. It loses 200 million dollars in deposits. This was the largest bank failure in history.
-
Food Riots begin in the United States, including Minneapolis. Men and women demolish a grocery store causing a police force of 100 to stop them.
-
This was administered by the United States Federal Government. This provided financial support to local and state governments.
-
As of January 1932, 100,000 banks have failed across the United States. This is a chain reaction after the bank of New York failed.
-
The president of Germany appoints Hitler as the Chancellor of Germany. This act will eventually be a factor of World War 2.
-
Unemployement continues to increase as the Great Depression is taking a hit on the United States of America. Many people walk the streets to search for jobs.
-
The New Deal, also known as the Emergency Banking Act is passed. This is in order to attempt to stabilize the banking system.
-
Black Sunday is in reference to one of the most severe storms of the dustbowl. This caused immense agricultural damage.
-
Texas hit around 125 degrees Celsius. This increased the tragedy of the drought with the Dust Bowl. This was not a good combination.