The Great Depression Timeline

  • The Stock Market Crashes

    After over speculation in stocks, expansion in some industries, and overproduction of agricultural goods, the stock market crashes.
  • Unemployment Rate at a Low

    The unemployment rate averages 16.3% for the year.
  • New York Bank Collapses

    The Bank of the United States in New York City fails and $200 million in deposits are lost.
  • Roosevelt is Elected

    Democrat Franklin Roosevelt beats Republican Herbert Hoover in a landslide victory.
  • Hitler Becomes Chancellor

    Hitler and the Nazi Party gain control of the German government.
  • Townshend Plan is Incorporated

    The proposed Townshend Plan, which proposed state-funded pensions for the elderly to boost consumption and employment is passed.
  • Longshoremen Strike

    A West Coast longshoremen's strike halts shipping and trade in California, Oregon, and Washington.
  • National Union for Social Justice

    Father Charles Coughlin, "The Radio Priest" establishes the National Union for Social Justice
  • Germany Bounces Back

    After an almost total economic collapse, Hitler delivers on his promises and brings jobs to Germany.
  • Roosevelt Reelected

    Franklin Roosevelt wins second term over a landslide victory over Republican Alf Landon.
  • Agricultural Adjustment Act

    Helped farmers by reducing the production of staple crops and encouraging more diversified farming.