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Period: to
Great Depression
Great Depression for school homework thingy -
Stock Market crash
A cataclysmic crash on the wallstreet stock market, this is the beginning of the Great Depression. -
Massive drought and Dust bowl
1930: Severe drought and Dust Bowl conditions began to ruin farmers’ land, a condition that lasted until 1935 -
Food Riots, Foreign workers deported
Massive food riot broke out in the streets as well as the deportation of foriegn workers. -
Congress gives $2 billion to banks, companies, farms and other industries
Congress established the Reconstruction Finance Corporation to lend $2 billion to banks, insurance companies, building and loan associations, and farming organizations -
Period: to
Peak of the Great Depression
The highest unemployment rates and largest losses of stock occured in this time. -
Franklin D. Roosevelt takes office
Franklin Rooslevelt wins elections and becomes US President -
Stock market at lowest point
The stock market has reached its lowest point in Late 1932 -
Unemployment at %25
Highest point of unemployment reaching a staggering %. -
Civillian Conservation Corp established
1933: The Civilian Conservation Corp (CCC) was established to put young men to work in federal and state parks -
National recovery Administration introduced
1933: The National Recovery Administration (NRA) was introduced -
Federal deposit insurance Corporation
1933: The Federal Deposit Insurance Corporation (FDIC) was established to insure bank deposits -
Civil works administration established
1933: The Civil Works Administration (CWA) was established to employ up to 4 million people on public works projects -
Work Projects Administration formed
1935: The Work Projects Administration (WPA) was formed to employ up to 8.5 million people on public works projects across the country -
Roosevelt elected as president again
November 1936: FDR was elected to a second term as president -
Roosevelt makes congress add $3.75 to the economy
April 1938: FDR asked Congress for an additional $3.75 billion to stimulate the still floundering economy -
Roosevelt elected again
November 1940: FDR was elected to a third term as president -
USA enters WWII mass production powers the economy
1941: Preparations for World War II stimulated the American economy and effectively brought an end to the Great Depression