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The Great Depression Begins
The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Picture URL:
https://canvas.instructure.com/courses/1117443/pages/m5-week-1-wwii-begins-slash-pearl-harbor -
Banks Begin To Fail
The Smoot-Hawley Tariff Act is passed. Many economists say this act contributed to the Great Depression.
Picture URL:
https://en.wikipedia.org/wiki/Bank_run -
The Depression Worsens
Food riots begin to break out in parts of the United States and
the Empire State Building was eventually completed.
Picture URL:
https://www.iwm.org.uk/history/rationing-and-food-shortages-during-the-first-world-war -
Presidential Elections And The Army
Presidential candidate Franklin D. Roosevelt makes his New Deal speech. The Bonus Army of U.S. veterans march on Washington and demand their bonus pay. They are removed from the U.S. Army by force. Franklin D. Roosevelt was elected president. Picture URL:
https://en.wikipedia.org/wiki/Franklin_D._Roosevelt -
The First Deal
The "First One Hundred Days" of Roosevelt's presidency begins. Over 15 new laws are quickly enacted to fight the Great Depression. Roosevelt calls for a "bank holiday" where all banks are closed. The Emergency Banking Act becomes law. Picture URL:
https://www.loc.gov/exhibits/african-american-odyssey/depression-new-deal-and-world-war-ii.html -
The First Deal Continued...
President Roosevelt gives his first Fireside Chat. He explains the new banking laws. The Federal Emergency Relief Act and the Agricultural Adjustment Act are signed into law. The Tennessee Valley Authority is established to build dams on the Tennessee River. The Federal Securities Act establishes rules and regulations for the stock market. Picture URL:
https://salutetofreedom.org/ar.html -
More Laws Are Passed
Huey Long is the Governor of Louisiana and he established the "Share Our Wealth" movement. The SEC is established to regulate the stock market. The Corporate Bankruptcy Act becomes law. The Federal Housing Administration is established by the passing of the National Housing Act. Picture URL:
https://www.loc.gov/exhibits/civil-rights-act/world-war-ii-and-post-war.html -
The Second Deal Begins
The Works Progress Administration is established. It will employ 8 million workers over the next several years building things like roads, bridges, and airports. A huge dust storm then envelops much of the Midwest, This day is called "Black Sunday." The Social Security Act is signed into law just 4 months after. Picture URL:
https://www.pinterest.com/pin/454652524857692104/ -
Government
Franklin D. Roosevelt is inaugurated to his second term as president. The Supreme Court rules that the Social Security Act is constitutional. Picture URL:
https://www.alamy.com/stock-image-members-of-the-war-cabinet-of-the-all-party-government-during-wwii-165658447.html -
Near The End Of The Great Depression
World War II begins when Germany invades Poland. The depression ends over the next several years as the U.S. builds up its armed forces. Picture URL:
https://imgur.com/a/5bAWz -
Nuremberg War Crimes trials begin
On this day in 1945, a series of trials of accused Nazi war criminals, conducted by a U.S., French, and Soviet military tribunal based in Nuremberg, Germany, begins. Twenty-four former Nazi officials were tried, and when it was all over, one year later, half would be sentenced to death by hanging. Picture URL:
https://www.dailywire.com/news/1810/forgotten-wwii-meme-helped-win-war-chase-stephens
