Events
March 4, 1929: Herbet Hoover became president.October 24, 1929: Black Thursday caused the stock market crash.December 11, 1930: Bank of America failled, the largest bank failure at the time.1930: A drought hits the United States and caused the Dust Bowl.March 4, 1933: Franklin d. Roosevelt became president.1930: Unemployment rose to 8.7 percent.1931: Unemployment rose to 15.9 percent.June 6, 1932: Hoover increased taxes worsening the depression acidentily.1933: FDR launches the new dealNovember 8, 1933: The Civil Works Administration created four million construction jobs.1933: Unemployment rose to 24.9 percent, a record high.January 30, 1934: The Gold Reserve Act didn't allow private ownership of gold and doubled the price of it.1934: Unemployment drops to 21.7 percent.April 8, 1935: The Emergency Relief Appropriation created the Works Progress Administration to hire 8.5 million people.1935: Unemployment drops, again, to 20.1 percent.1936: The hottest summer in record ever, sevral states reached temps over 110 degrees.1936: Unemployment dropped to 12.9 percent.1936: The heat wave killed 1,693 directly and 3,500 people drowned trying to cool off.1937: FDR started his second term.June 1938: The economy started growing again and the Great Depression ended.September 1939: Hitler invaded Poland starting WWII.1939: Unemployment fell to 17.2 percent.1941: FDR started his third term.December 7, 1941: Japan bombed Pearl Harbor.1940: Unemployment fell to 14.6 percent.1941: Unemployment plummeted to 9.9 percent.
Comments