Unit 5 Great Depression Timeline

  • New President

    New President
    Herbert Hoover is elected as president and later on gets blamed for the country's economic downfall.
  • Stock Market Prices Drop

    Stock Market Prices Drop
    This is considered the start of the economic downfall.
  • Smoot–Hawley Tariff Act

    Smoot–Hawley Tariff Act
    Increased import taxes and led to further economic strain on the economy.
  • Federal Reserve

    Federal Reserve
    The Federal Reserve's federal funds rate bottoms out at 1.5%, leading to more distress.
  • New President

    New President
    Franklin D. Roosevelt is elected as president and is a symbol of new beginning.
  • Civilian Conservation Corps

    Civilian Conservation Corps
    The Civilian Conservation Corps is established as a public relief program.
  • Black Sunday

    Black Sunday
    The worst dust bowl occurs in the United States.
  • Helping Farmers

    Helping Farmers
    The Rural Electrification Act is formed in an attempt to help farmers generate electricity for their land.
  • Start of Gruesome Summer

    Start of Gruesome Summer
    The hottest summer on record lasts June-August with temperatures of 110 or higher.
  • Fair Labor Standards Act

    Fair Labor Standards Act
    This act established the U.S. minimum wage, overtime pay, and youth employment standards.
  • Possible End of Great Depression

    Possible End of Great Depression
    The economy begins to finally recover in June.
  • WW2

    WW2
    Hitler invaded Poland during September, starting the second world war.