the great depression

  • world war 1 ends

    world war 1 ends
    Germany started to crumble and were defeated
  • stock market skyrockets

    stock market skyrockets
    More goods and products were produced.
  • the construction boom

    the construction boom
    Home prices went up when more houses were built
  • farmers share income

    farmers share income
    made a lot of profit when goods were sold.
  • u.s stock prices fall

    u.s stock prices fall
    prices went down on everything.
  • stock market

    stock market
    billions lost in the stock market crash.
  • Period: to

    The Great Depression

  • First Bank Panic

    First Bank Panic
    when the banks ran out of money people panicked.
  • Smoot Hawley Tariff

    Smoot Hawley Tariff
    Tariffs are raised.
  • 2nd bank panic

    2nd bank panic
    more than 600 banks fail a year.
  • reconstruction finance

    reconstruction finance
    created by Herbert Hoover.
  • 100,000 banks have failed

    100,000 banks have failed
    banks failed every year, about 600 a year.
  • re-election of roosevelt

    re-election of roosevelt
    The re-election of Roosevelt on Nov. 8,1932
  • the new deal begins

    the new deal begins
    taxes were raised.
  • unemployment hits 25

    unemployment hits 25
    people are unable to recover.