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Great Depression/New Deal Timeline
8 months ago
This timeline has the major events of the Great Depression and the New Deal Programs that came from it. The timeline includes historical information, pics, and YouTube Videos.
Fed. raised the discount rate from 5% to 6% to protect the gold standard
Economic Activity of the Roaring 20s reaches its peak.
President Herbert Hoover becomes President
Dow reached record of 381.70
Black Thursday/Stock Market Crash
Stock hits bottom and began trading sideways.
In the month of December the unemployment rate was still just 3.2%
Smoot-Hawley Tariff Act
Dust Bowl of the 1930s
Black Sunday: The worst Dust Storm in history.
Hottest Summer on Record
Heat Wave hits 12 more states
The Heat Wave returns in 1939 and 1940
Hoover creates the Department of Veterans Affairs
The Bank of Tennessee failed
The Bank of the United States failed
Hoover returned the top income tax rate back to 25%.
Food riots break out in Minneapolis
Congress creates the RFC
The RFC lends to states.
Fed purchased $1 billion in securities from banks
Revenue Act of 1932
Dow bottoms out and Hoovervilles develop
A small uptick in the economy
14 Dust Storms in the Plains
FDR takes office
FDR launched the New Deal with the Emergency Banking Act
The Government Economy Act passed
The Beer Wine Act Passed
Civilian Conservation Corps launched
FDR puts an end to the Gold Standard
Federal Emergency Relief Act Passed
Government stopped repaying dollars with gold
The Civil Works Administration created 4 million construction jobs.
Federal Surplus Relief Corporation created
Economy at end of 1933
Gold Reserve Act passed
The Federal Housing Administration provided Federal mortgage insurance
Hottest year ever
1934 Economic Status
The Supreme Court Declared the National Industrial Recovery Act unconstitutional.
The Soil Conservation and Allotment Act paid farmers to plant soil-building crops
The Emergency Relief Appropriation created the Works Progress Administration
The Rural Electrification Act
The National Labor Relations Act/Wagner Act
The Resettlement Administration trained and provided loans to farmers.
The Social Security Act implemented
Texas experienced a record breaking 120 degree temp
FDR raised the top tax rate to 79%
FDR starts his second term in 1937
FDR cut spending to reduce debt in early 1937
FDR announces his Court Packing Plan
Great Depression resumed
Economy started to grow again
The Depression is officially over
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