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Herbert Hoover as President
Herbert Hoover became president of the U.S. He gained a bad reputation as The Great Depression began. -
Stock Market Crash
The Stock Market Crashed, causing many people financial problems. -
Sideways Trading
After the stock market crashed, Sideways Trading took off. -
The Dust Bowl
After the Stock Market Crash, over 1.5 million people were unemployed leaving Americans without a way to provide for their families. Also, the method of farming used at this time kicked up so much dust that there were massive dust storms and much ecological damage. -
Taxes Are Rasied
Taxes were raised on over 900 different imports when Hoover signed the Smoot-Hawley Tariff Act, making living for Americans even harder. -
Theodore Roosevelt
Theodore Roosevelt begins his time in office and accepts 15 different laws to try and end the Great Depression. -
Gold Reserve Act
The Gold Reserve Act doubles the prices of gold and bans private ownership. Unemployment is higher than ever in the U.S. and debt grew to over 27 billion dollars. -
Petition to End Great Depression
People began signing a petitions to end the Great Depression and the Rural Electrification Act made it so farmers could finally generate their own electricity -
Roosevelt Elected Again
Roosevelt was reelected for his second term. Over 1,500 people began dying from heat waves and even more died from drowning while trying to stay cool. Unemployment was on a decline and families started having jobs again. 1936 was also the year that the Dust Bowl ended, as the government convinced farmers to use newer, more eco-friendly farming methods. -
Great Depression Ends
In 1941, The Japanese attacked Pearl Harbour and the U.S. entered the war. The U.S. also ends its depression.