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Black Thursday
This was the day the actual crash happened. It is important because it was the day one of the major things happened to set the stage for the start of the Great depression. -
Food Riots in Minneapolis
The food riots were caused because of a lack of money to be able to pay for the food that they needed. It was an effect of the Great Depression. It was important because it was thousands of people, waiting in line to get some free food to eat because they couldn't afford food for themselves. -
New York’s Bank of the United States collapses
In 1931, the Bank of the United States collapsed. The reason is, they ran out of money to give people. So it caused the bank to shut down. It is important because it shows some of the devastation the Depression caused. -
Ford Hunger March
Also known as the "Ford Massacre" was a march of unemployed people from the Ford Motor Company. It resulted in 4 workers and over 60 others injured by the Dearborn Police Department. It is important because it eventually caused the auto industry -
Congress establishes the Reconstruction Finance Corporation
In 1932, the RFC gave money to the states to try to jump start the economy during the depression. It is important because it shows how they tried to fix the crash. -
Bonus Army Conflict
The Bonus army was veterans of World War 1 wanting to try to get the Bonus Bill passed. Over ten thousand members waited outside the Capital to hear whether it was passed or if it failed. It was important because it was proof that people needed money. And these veterans were trying to get the money they deserved. -
Bonus Bill
It was a bill to give World War 1 veterans bonuses. It is important because there was a huge battle over it. When they were voting on it, thousands of veterans gathered outside the Capital to wait on whether it was passed or not. -
FDR is elected President
In November of 1932 FDR is elected president. He was the president during the Great Depression. This is important because he helped bring America out of our Economic depression. -
Civilian Conservation Corps is established
During the Great Depression. The people who lost their jobs were starting to go broke. To help keep those people in their homes with at least some money in their pocket, FDR in his New Deal, built the Civilian Conservation Corps. It gave them clothes, shelter, and food. It even got them a small wage of $30.00 a month. They used it on their families. This event was important because it really helped jump start our economy. Because the people used the money they were getting to pay for things. -
Congress passes Glass-Steagall Act
An act the U.S. Congress passed in 1933 as the Banking Act, which prohibited commercial banks from participating in the investment banking business. It affected the us because it changed the wat banking is done. -
Congress passes Glass-Steagall Act
An act the U.S. Congress passed in 1933 as the Banking Act, which prohibited commercial banks from participating in the investment banking business. -
Federal Emergency Relief Administration created
The Federal Emergency Relief Administration created to help relieve the depression. They gave loans to the states to help relieve the depression. But, their main goal was to create new jobs that didn't require a lot of skill to relieve the unemployment. This was important because it was helping to get rid of the unemployment problem.
