- The stock market chrashed
- March 4th, Herbert Hoover is inaugurated as President June 15th, Agricultural Marketing Act passed
1930
- USA bank goes bankrupt
- Banks have suspended operations
1931
• January 7th, the Committee for Unemployment Relief releases a report on unemployment showing that 4 to 5 million Americans were out of work.
• June 5th, Chancellor Bruning announces that Germany was no longer going to pay reparations under the Young Plan
• October 16th, New York Federal Reserve Bank's discount rate raised from 1.5 percent to 2.5 percent.
1932
• 1,493 banks have suspended operatins during 1932
1933
• Franklin Roosevelt becomes president of the USA
• New Deal- Roosevelt made these plan to reactivate economy
• March 9th, Emergency Banking Relief Act passed, providing for federal bank inspections
1939
• The Great deprssion is over
1940
• September 16th, Selective Training and Service Act passed, requiring men between the ages of 21 and 35 to register for military training
1941
• December 7, Japan attacks Pearl Harbor-361 Japanese warplanes attack American airfields and shipyards, disabling 19 ships, destroying 200 planes, and killing over 2300 men. Southeast Asia, Hong Kong, Malaya, Philippines soon fall to Japan.
Bibliography
America's Great Depression. 14 March 2011
