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stock market crash
the most devastating stock market crash in the history of the United States The crash signaled the beginning of the 10-year Great Depression that affected all Western industrialized countries -
great depression
was the deepest and longest-lasting economic downturn in the history of the Western industrialized world.it began soon after the stock market crash of October 1929 -
Black Tuesday
stock market crashed This day a recordbreaking crash on the New York Stock Exchange begins several weeks of market panics. -
bank panic
The first bank panic ensues causeing bankruptcies -
people
ore than 3.2 million people are unemployed, up from 1.5 million before the October, 1929 crash -
the dust
severe drought and dust bowl conditions began to ruin farmers land.
Intersesting fact about the Dust Bowl -
riots
Food riots broke out, workers marched on Detroit and foreign workers were deported -
Congress
congress establishes the reconstruction finance corporation. The is allowed to lend 2 billion to banks, insurance companies, building and loan associations, agricultural credit organizations and railroads -
resolvent electied president
he became the 32 U.S. president in 1933 was the only U.S. president to be elected four times -
Migrant Working
many workers look for jobs traveled by themselves This way they only had themselves to look after and so nothing stands in their way when they decide to move to another job -
jobless
The amount of unemployed workers was on the rise. People couldn't find jobs to support their family and factories couldn't take on anymore workers due to their shortages too. -
The War Starts
after the bombing of pearl hharbor, the U.S. entered World War two This meant their were more job opportunities for the unemployed because supplies needed to be made to help the soliders
