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herbert hoover become president
He became president of united states right before depression hit -
stock market crashes
In August of 1929 the stock market crashed causing the great depression. In the image everyone is trying to get their money out of the bank. -
banks close
Because of the stock market crashing and jobs decreasing the banks have closed -
unemployment becomes higher than ever
people are out of work so the unemployment numbers are higher than ever -
bonus army gather in DC
Many WW1 veterans gathered outside the white house to collect the money they were promised but were forcefully removed -
end of prohibition
Tens of thousands of people died because of prohibition-related violence and drinking unregulated booze. -
dust bowl
The dust storm was a huge windstorm that over took the plains. It picked up all the top soil and swept it all around causing major damage and problems -
congress creates sec
This Act gave the SEC extensive power to regulate the securities industry, including the New York Stock Exchange -
the social social security act
The Social Security Act of 1935 is a law enacted by the 74th United States Congress and signed into law by US President Franklin D. Roosevelt. The law created the Social Security program as well as insurance against unemployment -
FDR was elected
In the 1932 presidential election, Roosevelt defeated Republican President Herbert Hoover in a landslide. Roosevelt took office in the midst of the Great Depression, the worst economic crisis in U.S. history. -
Fair labor standards
he Fair Labor Standards Act establishes minimum wage, overtime pay, record keeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments -
FDR was elected again
Roosevelt won a third term by defeating Republican nominee Wendell Willkie in the 1940 United States presidential election. He remains the only president to serve for more than two terms.
