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One of the worst things would be trying to eat cuz there would be dust grids in your food. 

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One of the worst things would be trying to eat cuz there would be dust grids in your food. 

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A horrible thing is having to wear masks because of the dust and you couldn't get a lot of good breathes even when there weren't dust storms.

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I learned that scotch tape was made by 3m engineer

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I learned that scotch tape was made by 3m engineer

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They used insulin to control diabetes in 1937

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They used insulin to control diabetes in 1937

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Karl Landsteiner discovered human blood groups in 1930

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Karl Landsteiner discovered human blood groups in 1930

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Igor Sikorsky invents the first successful helicopter.

1939

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Monopoly was made in 1935 by Charles Darrow and it is the most played board game ever in the history of the world.

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Monopoly was made in 1935 by Charles Darrow and it is the most played board game ever in the history of the world.

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The first canned beer made.

1935

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Carl C. Magee invents the first parking meter. 1932

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The zoom lens and the light meter invented. in 1932

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The first antibiotic was invented in 1939

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The first antibiotic was invented in 1939

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Harold Edgerton invented stop-action photography.

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i learned that The 1930's had many inventions.

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i learned that The 1930's had many inventions.

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Something that i learned from the website was the great depression was caused because of a stock market.

Something i learned from the documentary was there were lots of dirt and it was very dark. It would be very hard to breathe. People died from dust nimona.

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The frozen food process patented by Clarence Birdseye.

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Scotch tape was invented by 3M engineer Richard Drew

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In the 1930's Kansas added new fraud laws for businesses

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SEC ASR No. 4

The U.S. Securities and Exchange Commission struggled over accounting presentations it considered incorrect, accepting full disclosure of incorrect accounting rather than restatement. Accounting Series Release No. 4, Administrative Policy on Financial Statements, clarified that disclosure would be inadequate for accounting practices for which there was no substantial authoritative support or if the practice varied from a published SEC view. Through ASR No. 4, the SEC reserved the right to say who had substantial authoritative support, but opened the way to give that recognition to standards issued by the accounting profession.

In response to ASR No. 4, the American Institute of Accountants expanded its Committee on Accounting Procedure and gave it responsibility to issue pronouncements on accounting principles without the approval of the AIA membership or governing Council.

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Securities and Exchange Commission Historical Society

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The U.S. Securities and Exchange Commission struggled over accounting presentations it considered incorrect, accepting full disclosure of incorrect accounting rather than restatement. Accounting Series Release No. 4, Administrative Policy on Financial Statements, clarified that disclosure would be inadequate for accounting practices for which there was no substantial authoritative support or if the practice varied from a published SEC view.

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Who- 96 people
what- caught fire and was destroyed
When- May 6, 1937
Where- Manchester township, New Jersey
Why- it was caused by a electrostatic discharge

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SEC ASR No. 4

The U.S. Securities and Exchange Commission struggled over accounting presentations it considered incorrect, accepting full disclosure of incorrect accounting rather than restatement. Accounting Series Release No. 4, Administrative Policy on Financial Statements, clarified that disclosure would be inadequate for accounting practices for which there was no substantial authoritative support or if the practice varied from a published SEC view. Through ASR No. 4, the SEC reserved the right to say who had substantial authoritative support, but opened the way to give that recognition to standards issued by the accounting profession.

In response to ASR No. 4, the American Institute of Accountants expanded its Committee on Accounting Procedure and gave it responsibility to issue pronouncements on accounting principles without the approval of the AIA membership or governing Council.

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Securities and Exchange Commission Historical Society

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The U.S. Securities and Exchange Commission struggled over accounting presentations it considered incorrect, accepting full disclosure of incorrect accounting rather than restatement. Accounting Series Release No. 4, Administrative Policy on Financial Statements, clarified that disclosure would be inadequate for accounting practices for which there was no substantial authoritative support or if the practice varied from a published SEC view.

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Hindenburg Disaster: Real Zeppelin Explosion Footage (1937) | British Pathé

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Franklin Roosevelt Elected President  World war 1 Veterans Bonus March on Washington 

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Franklin Roosevelt Elected President  World war 1 Veterans Bonus March on Washington 

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Franklin Roosevelt was the second term as governor of New York. Also in  FDR led the United States from isolationism to victory over Germany and its allies in World War II.

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Contents

1. Franklin D. Roosevelt's Early Life and Career

2. FDR's Polio and Election as Governor

3. Roosevelt Enters the White House

4. Roosevelt and the New Deal

5. Roosevelt's Reelection and "Court-Packing"

6. FDR and World War II

7. Yalta Conference and Franklin D. Roosevelt's Death

Franklin D. Roosevelt was in his second term as governor of New York when he was elected as the nation's 32nd president in 1932. With the country mired in the depths of the Great Depression, Roosevelt immediately acted to restore public confidence, proclaiming a bank holiday and speaking directly to the public in a series of radio broadcasts or "fireside chats." His ambitious slate of New Deal programs and reforms redefined the role of the federal government in the lives of Americans.

Reelected by comfortable margins in 1936, 1940 and 1944, FDR led the United States from isolationism to victory over Nazi Germany and its allies in World War II. He spearheaded the successful wartime alliance between Britain, the Soviet Union and the United States and helped lay the groundwork for the post-war peace organization that would become the United Nations. The only American president in history to be elected four times, Roosevelt died in office in April 1945.

Franklin D. Roosevelt's Early Life and Career

Born on January 30, 1882, on a large estate near the village of Hyde Park, New York, Franklin Delano Roosevelt was the only child of his wealthy parents, James and Sara Delano Roosevelt. He was educated by private tutors and elite schools (Groton and Harvard), and early on began to admire and emulate his fifth cousin, Theodore Roosevelt, elected president in 1901. While in college, Franklin fell in love with Theodore's niece (and his own distant cousin), Anna Eleanor Roosevelt, and they married in 1905. The couple had a daughter, Anna Roosevelt, and four sons who survived into adulthood: James Roosevelt, Franklin D. Roosevelt Jr., Elliott Roosevelt, and Jr., John A. Roosevelt. A fifth son named Franklin D. Roosevelt, Jr. died in infancy.

Did you know? Encouraged by his wife, Eleanor, FDR appointed more women to federal posts than any previous president; he also included Black Americans in federal job programs (though they remained largely segregated).

Roosevelt attended law school at Columbia University and worked for several years as a clerk in a Wall Street law firm. In 1910, he entered politics, winning a state senate seat as a Democrat in the heavily Republican Dutchess County. In 1913, President Woodrow Wilson named Roosevelt assistant secretary of the U.S. Navy. He would hold that post for the next seven years, traveling to Europe in 1918 to tour naval bases and battlefields after the U.S. entrance into World War I.

FDR's Polio and Election as Governor

In 1921, Roosevelt was diagnosed with polio when he was 39 years old. Unable to walk, he temporarily removed himself from public life and focused on rehabilitation at his home in Hyde Park, where he'd swim three times a week in the Astor pool, slowly regaining strength. By the spring of 1922, he was able to stand again with braces. In 1924, he traveled to Warm Springs, Georgia, hoping to be healed by the spring's mineral waters. He ended up purchasing the resort and turning it into a rehabilitation center for Polio patients.

With the support of his wife and his longtime supporter, the journalist Louis Howe, Roosevelt began to return to public life, issuing statements on issues of the day and keeping up a correspondence with Democratic leaders. Eleanor Roosevelt spoke publicly throughout New York State, keeping her husband's reputation strong despite his illness; she also organized the women's division of the Democratic Party. In 1924, Franklin made a triumphant public appearance at the Democratic National Convention to nominate New York's Governor Alfred E. Smith for president (though Smith lost the nomination and the Democrats lost the general election).

He nominated Smith again in 1928, this time successfully, and at Smith's urgings agreed to run for governor of New York. Smith lost to Herbert Hoover, but Roosevelt won. Governor Roosevelt grew more liberal in his policies as New York (and the nation) sank deeper into economic depression after the stock market crash of 1929. In particular, he set up the Temporary Emergency Relief Administration (TERA), which aimed at finding jobs for the unemployed, and by 1932 TERA was helping nearly one out of every 10 families in New York.

Roosevelt Enters the White House

Re-elected as governor in 1930, Roosevelt emerged as a front-runner for the Democratic presidential nomination two years later. He broke tradition and appeared in person in Chicago to accept the nomination, famously pledging himself to "a new deal for the American people." In the general election, a confident and exuberant Roosevelt triumphed by an overwhelming margin over the incumbent Hoover, who had become a symbol for many people of the ongoing Great Depression.

In addition, Democrats won sizeable majorities in both the House of Representatives and the Senate. By the time Roosevelt was inaugurated on March 4, 1933, the Depression had reached desperate levels, including 13 million unemployed. In the first inaugural address to be widely broadcast on the radio, Roosevelt boldly declared that "This great nation will endure as it has endured, will revive and prosper...[T]he only thing we have to fear is fear itself."

Roosevelt began the momentous first 100 days of his presidency by closing all banks for several days until Congress could pass reform legislation. He also began holding open press conferences and giving regular national radio addresses in which he spoke directly to the American people. The first of these "fireside chats," about the banking crisis, was broadcast to a radio audience of some 60 million, and would go a long way toward restoring public confidence and preventing harmful bank runs. After passage of the Emergency Banking Relief Act, three out of every four banks were open within a week.

Roosevelt and the New Deal

Other key pieces of legislation during FDR's first "Hundred Days" created some of the most important programs and institutions of Roosevelt's New Deal, including the Agricultural Adjustment Administration (AAA), the Public Works Administration (PWA), the Civilian Conservations Corps (CCC) and the Tennessee Valley Authority (TVA). In addition to programs aimed at providing economic relief for workers and farmers and creating jobs for the unemployed, Roosevelt also initiated a slate of reforms of the financial system, notably the creation of the Federal Deposit Insurance Corporation (FDIC) to protect depositors' accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent abuses of the kind that led to the 1929 crash.

In 1935, after the economy had begun to show signs of recovery, Roosevelt asked Congress to pass a new wave of reforms, known as "Second New Deal." These included the Social Security Act (which for the first time provided Americans with unemployment, disability, and pensions for old age) and the Works Progress Administration. The Democratic-led Congress also raised taxes on large corporations and wealthy individuals, a hike that was derisively known as the "soak-the-rich" tax.

Roosevelt's Reelection and "Court-Packing"

Controversial but extremely popular with voters, Roosevelt won re-election by a huge margin in 1936 over Governor Alfred M. Landon of Kansas. He faced opposition from the Supreme Court over his New Deal programs, and proposed an expansion of the court that would allow him to appoint one new justice for every sitting justice 70 or older. After heated debate, Congress rejected this "court-packing" scheme, handing FDR the biggest setback of his career. Nonetheless, the Court abruptly changed direction, upholding both the Social Security Act and the Wagner Act (officially the National Labor Relations Act).

Labor unrest and another economic downturn in 1937 hurt Roosevelt's approval ratings, but the crisis had largely passed by the following year. Republicans gained ground in the midterm congressional elections, however, and soon formed an alliance with conservative Democrats that would block further reform legislation. By the end of 1938, as support for the New Deal was waning, Roosevelt faced a new looming challenge, this time on the international stage.

FDR and World War II

As early as 1937, FDR warned the American public about the dangers posed by hard-line regimes in Germany, Italy and Japan, though he stopped short of suggesting America should abandon its isolationist policy. After World War II broke out in September 1939, however, Roosevelt called a special session of Congress in order to revise the country's existing neutrality acts and allow Britain and France to purchase American arms on a "cash-and-carry" basis. Germany captured France by the end of June 1940, and Roosevelt persuaded Congress to provide more support for Britain, now left to combat the Nazi menace on its own. Despite the two-term tradition for presidents in place since the time of George Washington, Roosevelt decided to run for reelection again in 1940; he defeated Wendell L. Wilkie by nearly 5 million votes.

Roosevelt increased his support of Great Britain with passage of the Lend-Lease Act in March 1941 and met with Prime Minister Winston Churchill in August aboard a battleship anchored off Canada. In the resulting Atlantic Charter, the two leaders declared the " Four Freedoms " on which the post-war world should be founded: freedom of speech and expression, freedom of religion, freedom from want and freedom from fear.

On December 8, 1941, the day after Japan bombed the U.S. naval base at Pearl Harbor, Roosevelt appeared before a joint session of Congress, which declared war on Japan. The first president to leave the country during wartime, Roosevelt spearheaded the alliance between countries combating the Axis, meeting frequently with Churchill and seeking to establish friendly relations with the Soviet Union and its leader, Joseph Stalin. Meanwhile, he spoke constantly on the radio, reporting war events and rallying the American people in support of the war effort (as he had for the New Deal).

Yalta Conference and Franklin D. Roosevelt's Death

In 1944, as the tide of war turned toward the Allies, a weary and ailing Roosevelt managed to win election to a fourth term in the White House. The following February, he met with Churchill and Stalin in the Yalta Conference, where Roosevelt got Stalin's commitment to enter the war against Japan after Germany's impending surrender. (The Soviet leader kept that promise, but failed to honor his pledge to establish democratic governments in the eastern European nations then under Soviet control.) The "Big Three" also worked to build foundations for the post-war international peace organization that would become the United Nations.

After Roosevelt returned from Yalta, he was so weak that he was forced to sit down while addressing Congress for the first time in his presidency. In early April 1945, he left Washington and traveled to his cottage in Warm Springs, Georgia, where he had long before established a nonprofit foundation to aid polio patients. Roosevelt suffered a massive cerebral hemorrhage and died on April 12, 1945. He was succeeded in office by his vice president, Harry S. Truman.

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Franklin D. Roosevelt was elected as the nation's 32nd president in 1932. With the country mired in the Great Depression, Roosevelt immediately acted to restore public confidence, speaking directly to the public in a series of radio broadcasts or "fireside chats," and implementing his New Deal programs and reforms. The only American president in history to be elected four times, Roosevelt died in office in April 1945.

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who. joseph goebbles made the Hindenburg airship
what:  the Hindenburg crashed
where :Manchester Township new jersey.
why : it happend because of a electrostatic discharge.

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The airship Hindenburg, the largest dirigible ever built and the pride of Nazi Germany, bursts into flames upon touching its mooring mast in Lakehurst, New Jersey, killing 36 passengers and crew-members, on May 6, 1937.

Frenchman Henri Giffard constructed the first successful airship in 1852. His hydrogen-filled blimp carried a three-horsepower steam engine that turned a large propeller and flew at a speed of six miles per hour. The rigid airship, often known as the "zeppelin" after the last name of its innovator, Count Ferdinand von Zeppelin, was developed by the Germans in the late 19th century. Unlike French airships, the German ships had a light framework of metal girders that protected a gas-filled interior. However, like Giffard's airship, they were lifted by highly flammable hydrogen gas and vulnerable to explosion. Large enough to carry substantial numbers of passengers, one of the most famous rigid airships was the Graf Zeppelin, a dirigible that traveled around the world in 1929. In the 1930s, the Graf Zeppelin pioneered the first transatlantic air service, leading to the construction of the Hindenburg, a larger passenger airship.

On May 3, 1937, the Hindenburg left Frankfurt, Germany, for a journey across the Atlantic to Lakehurst's Navy Air Base. Stretching 804 feet from stern to bow, it carried 36 passengers and crew of 61. While attempting to moor at Lakehurst, the airship suddenly burst into flames, probably after a spark ignited its hydrogen core. Rapidly falling 200 feet to the ground, the hull of the airship incinerated within seconds. Thirteen passengers, 21 crewmen, and 1 civilian member of the ground crew lost their lives, and most of the survivors suffered substantial injuries.

Radio announcer Herb Morrison, who came to Lakehurst to record a routine voice-over for an NBC newsreel, immortalized the Hindenberg disaster in a famous on-the-scene description in which he emotionally declared, "Oh, the humanity!" The recording of Morrison's commentary was immediately flown to New York, where it was aired as part of America's first coast-to-coast radio news broadcast. Lighter-than-air passenger travel rapidly fell out of favor after the Hindenberg disaster, and no rigid airships survived World War II.

Fact Check

We strive for accuracy and fairness. But if you see something that doesn't look right, click here to contact us! HISTORY reviews and updates its content regularly to ensure it is complete and accurate.

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The airship Hindenburg, the largest dirigible ever built and the pride of Nazi Germany, bursts into flames upon touching its mooring mast in Lakehurst, New Jersey, killing 36 passengers and crew-members, on May 6, 1937. Frenchman Henri Giffard constructed the first successful airship in 1852.

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In the 1930s there was a big dust storm that took the lives of 7,000 Men, Women, and children. They died to a sickness called dust pneumonia. The Dust Bowl went from Texas all the way to Nebraska. The Dust Bowl was actually the cause of another historical even known as the Great Depression mainly because a lot of people lost their jobs and they were desperate to find new ones.

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What Caused the Dust Bowl?

The Dust Bowl was caused by several economic and agricultural factors, including federal land policies, changes in regional weather, farm economics and other cultural factors. After the Civil War, a series of federal land acts coaxed pioneers westward by incentivizing farming in the Great Plains.

The Homestead Act of 1862, which provided settlers with 160 acres of public land, was followed by the Kinkaid Act of 1904 and the Enlarged Homestead Act of 1909. These acts led to a massive influx of new and inexperienced farmers across the Great Plains.

Many of these late 19th and early 20th-century settlers lived by the superstition "rain follows the plow." Emigrants, land speculators, politicians and even some scientists believed that homesteading and agriculture would permanently affect the climate of the semi-arid Great Plains region, making it more conducive to farming.

Manifest Destiny

This false belief was linked to Manifest Destiny -an attitude that Americans had a sacred duty to expand west. A series of wet years during the period created a further misunderstanding of the region's ecology and led to the intensive cultivation of increasingly marginal lands that couldn't be reached by irrigation.

Rising wheat prices in the 1910s and 1920s and increased demand for wheat from Europe during World War I encouraged farmers to plow up millions of acres of native grassland to plant wheat, corn and other row crops. But as the United States entered the Great Depression, wheat prices plummeted. In desperation, farmers tore up even more grassland in an attempt to harvest a bumper crop and break even.

Crops began to fail with the onset of drought in 1931, exposing the bare, over-plowed farmland. Without deep-rooted prairie grasses to hold the soil in place, it began to blow away. Eroding soil led to massive dust storms and economic devastation-especially in the Southern Plains.

When Was the Dust Bowl?

The Dust Bowl, also known as "the Dirty Thirties," started in 1930 and lasted for about a decade, but its long-term economic impacts on the region lingered much longer.

Severe drought hit the Midwest and southern Great Plains in 1930. Massive dust storms began in 1931. A series of drought years followed, further exacerbating the environmental disaster.

By 1934, an estimated 35 million acres of formerly cultivated land had been rendered useless for farming, while another 125 million acres-an area roughly three-quarters the size of Texas-was rapidly losing its topsoil.

Regular rainfall returned to the region by the end of 1939, bringing the Dust Bowl years to a close. The economic effects, however, persisted. Population declines in the worst-hit counties-where the agricultural value of the land failed to recover-continued well into the 1950s.

'Black Blizzards' Strike America

During the Dust Bowl period, severe dust storms, often called "black blizzards," swept the Great Plains. Some of these carried topsoil from Texas and Oklahoma as far east as Washington, D.C. and New York City, and coated ships in the Atlantic Ocean with dust.

Billowing clouds of dust would darken the sky, sometimes for days at a time. In many places, the dust drifted like snow and residents had to clear it with shovels. Dust worked its way through the cracks of even well-sealed homes, leaving a coating on food, skin and furniture.

Some people developed "dust pneumonia" and experienced chest pain and difficulty breathing. It's unclear exactly how many people may have died from the condition. Estimates range from hundreds to several thousand people.

On May 11, 1934, a massive dust storm two miles high traveled 2,000 miles to the East Coast, blotting out monuments such as the Statue of Liberty and the U.S. Capitol.

The worst dust storm occurred on April 14, 1935. News reports called the event Black Sunday. A wall of blowing sand and dust started in the Oklahoma Panhandle and spread east. As many as three million tons of topsoil are estimated to have blown off the Great Plains during Black Sunday.

An Associated Press news report coined the term "Dust Bowl" after the Black Sunday dust storm.

New Deal Programs

President Franklin D. Roosevelt established a number of measures to help alleviate the plight of poor and displaced farmers. He also addressed the environmental degradation that had led to the Dust Bowl in the first place.

As part of Roosevelt's New Deal, Congress established the Soil Erosion Service and the Prairie States Forestry Project in 1935. These programs put local farmers to work planting trees as windbreaks on farms across the Great Plains. The Soil Erosion Service, now called the Natural Resources Conservation Service (NRCS) developed and promoted new farming techniques to combat the problem of soil erosion.

Okie Migration

Roughly 2.5 million people left the Dust Bowl states- Texas, New Mexico, Colorado, Nebraska, Kansas and Oklahoma-during the 1930s. It was one of the largest migrations in American history.

Oklahoma alone lost 440,000 people to migration. Many of them, poverty-stricken, traveled west looking for work. From 1935 to 1940, roughly 250,000 Oklahoma migrants moved to California. A third settled in the state's agriculturally rich San Joaquin Valley.

These Dust Bowl refugees were called "Okies." Okies faced discrimination, menial labor and pitiable wages upon reaching California. Many of them lived in shantytowns and tents along irrigation ditches. "Okie" soon became a term of disdain used to refer to any poor Dust Bowl migrant, regardless of their state of origin.

Dust Bowl in Arts and Culture

The Dust Bowl, and the suffering endured by those who survived it, captured the hearts and imaginations of the nation's artists, musicians and writers.

John Steinbeck memorialized the plight of the Okies in his 1939 novel The Grapes of Wrath. Photographer Dorothea Lange documented rural poverty with a series of photographs for FDR's Farm Securities Administration, and artist Alexandre Hogue achieved renown with his Dust Bowl landscapes.

Folk musician Woody Guthrie, and his semi-autobiographical first album Dust Bowl Ballads of 1940, told stories of economic hardship faced by Okies in California. Guthrie, an Oklahoma native, left his home state with thousands of others looking for work during the Dust Bowl.

Sources

FDR and the New Deal Response to an Environmental Catastrophe. Roosevelt Institute.
About The Dust Bowl. English Department; University of Illinois.
Dust Bowl Migration. University of California at Davis.
The Great Okie Migration. Smithsonian American Art Museum.
Okie Migrations. Oklahoma Historical Society.
What we learned from the Dust Bowl: lessons in science, policy, and adaptation. Population and Environment.
The Dust Bowl. Library of Congress.
Dust Bowl Ballads: Woody Guthrie. Smithsonian Folkways Recordings.
The Dust Bowl. Ken Burns; PBS.

Fact Check

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Dust Bowl: Causes, Definition & Years - HISTORY

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The Dust Bowl refers to the drought-stricken southern plains of the United States, which suffered severe dust storms during the Great Depression of the 1930s.

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*Franklin D Roosevelt and it began at stock market crashed at October 1929 which sent Wall street into a panic and wiped out millions of investors and Americans were unemployed and nearly half the country's banks had failed and consumer dept was proliferating,the agricultural sector of the economy was struggling due to drought and falling food prices,and banks had an excess of large loans that could not be liquidated
*I learn that how the Depression turned out to be when it gets worst from the banks that could not excess to that because the banks failed through consumers dept

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What Caused the Great Depression?

Throughout the 1920s, the U.S. economy expanded rapidly, and the nation's total wealth more than doubled between 1920 and 1929, a period dubbed " the Roaring Twenties."

The stock market, centered at the New York Stock Exchange on Wall Street in New York City, was the scene of reckless speculation, where everyone from millionaire tycoons to cooks and janitors poured their savings into stocks. As a result, the stock market underwent rapid expansion, reaching its peak in August 1929.

By then, production had already declined and unemployment had risen, leaving stock prices much higher than their actual value. Additionally, wages at that time were low, consumer debt was proliferating, the agricultural sector of the economy was struggling due to drought and falling food prices and banks had an excess of large loans that could not be liquidated.

The American economy entered a mild recession during the summer of 1929, as consumer spending slowed and unsold goods began to pile up, which in turn slowed factory production. Nonetheless, stock prices continued to rise, and by the fall of that year had reached stratospheric levels that could not be justified by expected future earnings.

Stock Market Crash of 1929

On October 24, 1929, as nervous investors began selling overpriced shares en masse, the stock market crash that some had feared happened at last. A record 12.9 million shares were traded that day, known as "Black Thursday."

Five days later, on October 29, or "Black Tuesday," some 16 million shares were traded after another wave of panic swept Wall Street. Millions of shares ended up worthless, and those investors who had bought stocks "on margin" (with borrowed money) were wiped out completely.

As consumer confidence vanished in the wake of the stock market crash, the downturn in spending and investment led factories and other businesses to slow down production and begin firing their workers. For those who were lucky enough to remain employed, wages fell and buying power decreased.

Many Americans forced to buy on credit fell into debt, and the number of foreclosures and repossessions climbed steadily. The global adherence to the gold standard, which joined countries around the world in fixed currency exchange, helped spread economic woes from the United States throughout the world, especially in Europe.

Bank Runs and the Hoover Administration

Despite assurances from President Herbert Hoover and other leaders that the crisis would run its course, matters continued to get worse over the next three years. By 1930, 4 million Americans looking for work could not find it; that number had risen to 6 million in 1931.

Meanwhile, the country's industrial production had dropped by half. Bread lines, soup kitchens and rising numbers of homeless people became more and more common in America's towns and cities. Farmers couldn't afford to harvest their crops and were forced to leave them rotting in the fields while people elsewhere starved. In 1930, severe droughts in the Southern Plains brought high winds and dust from Texas to Nebraska, killing people, livestock and crops. The " Dust Bowl " inspired a mass migration of people from farmland to cities in search of work.

In the fall of 1930, the first of four waves of banking panics began, as large numbers of investors lost confidence in the solvency of their banks and demanded deposits in cash, forcing banks to liquidate loans in order to supplement their insufficient cash reserves on hand.

Bank runs swept the United States again in the spring and fall of 1931 and the fall of 1932, and by early 1933 thousands of banks had closed their doors.

In the face of this dire situation, Hoover's administration tried supporting failing banks and other institutions with government loans; the idea was that the banks in turn would loan to businesses, which would be able to hire back their employees.

FDR and the Great Depression

Hoover, a Republican who had formerly served as U.S. secretary of commerce, believed that government should not directly intervene in the economy and that it did not have the responsibility to create jobs or provide economic relief for its citizens.

In 1932, however, with the country mired in the depths of the Great Depression and some 15 million people unemployed, Democrat Franklin D. Roosevelt won an overwhelming victory in the presidential election.

By Inauguration Day (March 4, 1933), every U.S. state had ordered all remaining banks to close at the end of the fourth wave of banking panics, and the U.S. Treasury didn't have enough cash to pay all government workers. Nonetheless, FDR (as he was known) projected a calm energy and optimism, famously declaring "the only thing we have to fear is fear itself."

Roosevelt took immediate action to address the country's economic woes, first announcing a four-day "bank holiday" during which all banks would close so that Congress could pass reform legislation and reopen those banks determined to be sound. He also began addressing the public directly over the radio in a series of talks, and these so-called " fireside chats " went a long way toward restoring public confidence.

During Roosevelt's first 100 days in office, his administration passed legislation that aimed to stabilize industrial and agricultural production, create jobs and stimulate recovery.

In addition, Roosevelt sought to reform the financial system, creating the Federal Deposit Insurance Corporation ( FDIC) to protect depositors' accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent abuses of the kind that led to the 1929 crash.

The New Deal: A Road to Recovery

Among the programs and institutions of the New Deal that aided in recovery from the Great Depression was the Tennessee Valley Authority (TVA), which built dams and hydroelectric projects to control flooding and provide electric power to the impoverished Tennessee Valley region, and the Works Progress Administration (WPA), a permanent jobs program that employed 8.5 million people from 1935 to 1943.

When the Great Depression began, the United States was the only industrialized country in the world without some form of unemployment insurance or social security. In 1935, Congress passed the Social Security Act, which for the first time provided Americans with unemployment, disability and pensions for old age.

After showing early signs of recovery beginning in the spring of 1933, the economy continued to improve throughout the next three years, during which real GDP (adjusted for inflation) grew at an average rate of 9 percent per year.

A sharp recession hit in 1937, caused in part by the Federal Reserve's decision to increase its requirements for money in reserve. Though the economy began improving again in 1938, this second severe contraction reversed many of the gains in production and employment and prolonged the effects of the Great Depression through the end of the decade.

Depression-era hardships fueled the rise of extremist political movements in various European countries, most notably that of Adolf Hitler's Nazi regime in Germany. German aggression led war to break out in Europe in 1939, and the WPA turned its attention to strengthening the military infrastructure of the United States, even as the country maintained its neutrality.

African Americans in the Great Depression

One-fifth of all Americans receiving federal relief during the Great Depression were Black, most in the rural South. But farm and domestic work, two major sectors in which Black workers were employed, were not included in the 1935 Social Security Act, meaning there was no safety net in times of uncertainty. Rather than fire domestic help, private employers could simply pay them less without legal repercussions. And those relief programs for which African Americans were eligible on paper were rife with discrimination in practice since all relief programs were administered locally.

Despite these obstacles, Roosevelt's "Black Cabinet," led by Mary McLeod Bethune, ensured nearly every New Deal agency had a Black advisor. The number of African Americans working in government tripled.

Women in the Great Depression

There was one group of Americans who actually gained jobs during the Great Depression: Women. From 1930 to 1940, the number of employed women in the United States rose 24 percent from 10.5 million to 13 million Though they'd been steadily entering the workforce for decades, the financial pressures of the Great Depression drove women to seek employment in ever greater numbers as male breadwinners lost their jobs. The 22 percent decline in marriage rates between 1929 and 1939 also created an increase in single women in search of employment.

Women during the Great Depression had a strong advocate in First Lady Eleanor Roosevelt, who lobbied her husband for more women in office-like Secretary of Labor Frances Perkins, the first woman to ever hold a cabinet position.

Jobs available to women paid less but were more stable during the banking crisis: nursing, teaching and domestic work. They were supplanted by an increase in secretarial roles in FDR's rapidly-expanding government. But there was a catch: over 25 percent of the National Recovery Administration's wage codes set lower wages for women, and jobs created under the WPA confined women to fields like sewing and nursing that paid less than roles reserved for men.

Married women faced an additional hurdle: By 1940, 26 states had placed restrictions known as marriage bars on their employment, as working wives were perceived as taking away jobs from able-bodied men-even if, in practice, they were occupying jobs men would not want and doing them for far less pay.

Great Depression Ends and World War II Begins

With Roosevelt's decision to support Britain and France in the struggle against Germany and the other Axis Powers, defense manufacturing geared up, producing more and more private-sector jobs.

The Japanese attack on Pearl Harbor in December 1941 led to America's entry into World War II, and the nation's factories went back into full production mode.

This expanding industrial production, as well as widespread conscription beginning in 1942, reduced the unemployment rate to below its pre-Depression level. The Great Depression had ended at last, and the United States turned its attention to the global conflict of World War II.

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# data[].attributes.attachment_link.title
Great Depression: Black Thursday, Facts & Effects

# data[].attributes.attachment_link.description
The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. At its peak, the U.S. unemployment rate topped 20 percent.

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Frank Whittle and Dr.Hans von ohain both invented a jet engine

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The u.s economy expanded
took place trough out the whole u.s
stratospheric levels that could not be justified by expected future earnings

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What Caused the Great Depression?

Throughout the 1920s, the U.S. economy expanded rapidly, and the nation's total wealth more than doubled between 1920 and 1929, a period dubbed " the Roaring Twenties."

The stock market, centered at the New York Stock Exchange on Wall Street in New York City, was the scene of reckless speculation, where everyone from millionaire tycoons to cooks and janitors poured their savings into stocks. As a result, the stock market underwent rapid expansion, reaching its peak in August 1929.

By then, production had already declined and unemployment had risen, leaving stock prices much higher than their actual value. Additionally, wages at that time were low, consumer debt was proliferating, the agricultural sector of the economy was struggling due to drought and falling food prices and banks had an excess of large loans that could not be liquidated.

The American economy entered a mild recession during the summer of 1929, as consumer spending slowed and unsold goods began to pile up, which in turn slowed factory production. Nonetheless, stock prices continued to rise, and by the fall of that year had reached stratospheric levels that could not be justified by expected future earnings.

Stock Market Crash of 1929

On October 24, 1929, as nervous investors began selling overpriced shares en masse, the stock market crash that some had feared happened at last. A record 12.9 million shares were traded that day, known as "Black Thursday."

Five days later, on October 29, or "Black Tuesday," some 16 million shares were traded after another wave of panic swept Wall Street. Millions of shares ended up worthless, and those investors who had bought stocks "on margin" (with borrowed money) were wiped out completely.

As consumer confidence vanished in the wake of the stock market crash, the downturn in spending and investment led factories and other businesses to slow down production and begin firing their workers. For those who were lucky enough to remain employed, wages fell and buying power decreased.

Many Americans forced to buy on credit fell into debt, and the number of foreclosures and repossessions climbed steadily. The global adherence to the gold standard, which joined countries around the world in fixed currency exchange, helped spread economic woes from the United States throughout the world, especially in Europe.

Bank Runs and the Hoover Administration

Despite assurances from President Herbert Hoover and other leaders that the crisis would run its course, matters continued to get worse over the next three years. By 1930, 4 million Americans looking for work could not find it; that number had risen to 6 million in 1931.

Meanwhile, the country's industrial production had dropped by half. Bread lines, soup kitchens and rising numbers of homeless people became more and more common in America's towns and cities. Farmers couldn't afford to harvest their crops and were forced to leave them rotting in the fields while people elsewhere starved. In 1930, severe droughts in the Southern Plains brought high winds and dust from Texas to Nebraska, killing people, livestock and crops. The " Dust Bowl " inspired a mass migration of people from farmland to cities in search of work.

In the fall of 1930, the first of four waves of banking panics began, as large numbers of investors lost confidence in the solvency of their banks and demanded deposits in cash, forcing banks to liquidate loans in order to supplement their insufficient cash reserves on hand.

Bank runs swept the United States again in the spring and fall of 1931 and the fall of 1932, and by early 1933 thousands of banks had closed their doors.

In the face of this dire situation, Hoover's administration tried supporting failing banks and other institutions with government loans; the idea was that the banks in turn would loan to businesses, which would be able to hire back their employees.

FDR and the Great Depression

Hoover, a Republican who had formerly served as U.S. secretary of commerce, believed that government should not directly intervene in the economy and that it did not have the responsibility to create jobs or provide economic relief for its citizens.

In 1932, however, with the country mired in the depths of the Great Depression and some 15 million people unemployed, Democrat Franklin D. Roosevelt won an overwhelming victory in the presidential election.

By Inauguration Day (March 4, 1933), every U.S. state had ordered all remaining banks to close at the end of the fourth wave of banking panics, and the U.S. Treasury didn't have enough cash to pay all government workers. Nonetheless, FDR (as he was known) projected a calm energy and optimism, famously declaring "the only thing we have to fear is fear itself."

Roosevelt took immediate action to address the country's economic woes, first announcing a four-day "bank holiday" during which all banks would close so that Congress could pass reform legislation and reopen those banks determined to be sound. He also began addressing the public directly over the radio in a series of talks, and these so-called " fireside chats " went a long way toward restoring public confidence.

During Roosevelt's first 100 days in office, his administration passed legislation that aimed to stabilize industrial and agricultural production, create jobs and stimulate recovery.

In addition, Roosevelt sought to reform the financial system, creating the Federal Deposit Insurance Corporation ( FDIC) to protect depositors' accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent abuses of the kind that led to the 1929 crash.

The New Deal: A Road to Recovery

Among the programs and institutions of the New Deal that aided in recovery from the Great Depression was the Tennessee Valley Authority (TVA), which built dams and hydroelectric projects to control flooding and provide electric power to the impoverished Tennessee Valley region, and the Works Progress Administration (WPA), a permanent jobs program that employed 8.5 million people from 1935 to 1943.

When the Great Depression began, the United States was the only industrialized country in the world without some form of unemployment insurance or social security. In 1935, Congress passed the Social Security Act, which for the first time provided Americans with unemployment, disability and pensions for old age.

After showing early signs of recovery beginning in the spring of 1933, the economy continued to improve throughout the next three years, during which real GDP (adjusted for inflation) grew at an average rate of 9 percent per year.

A sharp recession hit in 1937, caused in part by the Federal Reserve's decision to increase its requirements for money in reserve. Though the economy began improving again in 1938, this second severe contraction reversed many of the gains in production and employment and prolonged the effects of the Great Depression through the end of the decade.

Depression-era hardships fueled the rise of extremist political movements in various European countries, most notably that of Adolf Hitler's Nazi regime in Germany. German aggression led war to break out in Europe in 1939, and the WPA turned its attention to strengthening the military infrastructure of the United States, even as the country maintained its neutrality.

African Americans in the Great Depression

One-fifth of all Americans receiving federal relief during the Great Depression were Black, most in the rural South. But farm and domestic work, two major sectors in which Black workers were employed, were not included in the 1935 Social Security Act, meaning there was no safety net in times of uncertainty. Rather than fire domestic help, private employers could simply pay them less without legal repercussions. And those relief programs for which African Americans were eligible on paper were rife with discrimination in practice since all relief programs were administered locally.

Despite these obstacles, Roosevelt's "Black Cabinet," led by Mary McLeod Bethune, ensured nearly every New Deal agency had a Black advisor. The number of African Americans working in government tripled.

Women in the Great Depression

There was one group of Americans who actually gained jobs during the Great Depression: Women. From 1930 to 1940, the number of employed women in the United States rose 24 percent from 10.5 million to 13 million Though they'd been steadily entering the workforce for decades, the financial pressures of the Great Depression drove women to seek employment in ever greater numbers as male breadwinners lost their jobs. The 22 percent decline in marriage rates between 1929 and 1939 also created an increase in single women in search of employment.

Women during the Great Depression had a strong advocate in First Lady Eleanor Roosevelt, who lobbied her husband for more women in office-like Secretary of Labor Frances Perkins, the first woman to ever hold a cabinet position.

Jobs available to women paid less but were more stable during the banking crisis: nursing, teaching and domestic work. They were supplanted by an increase in secretarial roles in FDR's rapidly-expanding government. But there was a catch: over 25 percent of the National Recovery Administration's wage codes set lower wages for women, and jobs created under the WPA confined women to fields like sewing and nursing that paid less than roles reserved for men.

Married women faced an additional hurdle: By 1940, 26 states had placed restrictions known as marriage bars on their employment, as working wives were perceived as taking away jobs from able-bodied men-even if, in practice, they were occupying jobs men would not want and doing them for far less pay.

Great Depression Ends and World War II Begins

With Roosevelt's decision to support Britain and France in the struggle against Germany and the other Axis Powers, defense manufacturing geared up, producing more and more private-sector jobs.

The Japanese attack on Pearl Harbor in December 1941 led to America's entry into World War II, and the nation's factories went back into full production mode.

This expanding industrial production, as well as widespread conscription beginning in 1942, reduced the unemployment rate to below its pre-Depression level. The Great Depression had ended at last, and the United States turned its attention to the global conflict of World War II.

Photo Galleries

HISTORY Vault

# data[].attributes.attachment_link.title
Great Depression: Black Thursday, Facts & Effects

# data[].attributes.attachment_link.description
The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. At its peak, the U.S. unemployment rate topped 20 percent.

# data[].attributes.headline
Frank Whittle and Dr. Hans von Ohain both invent a jet engine in 1930

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Frank Whittle and Dr. Hans von Ohain both invent a jet engine in 1930

# data[].attributes.body
In the 1930's Hitler started his rise to power in 1933 Hitler made his first 🤬 camp and in 1936 was the first 🤬 Olympics in Berlin

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The 1930s were dominated by the Great Depression in the United States and the rise of Nazi Germany in Europe. The FBI under J. Edgar Hoover went after gangsters, and Franklin D. Roosevelt became synonymous with the decade with his New Deal and "fireside chats." This momentous decade ended with the beginning of World War II in Europe with Nazi Germany's invasion of Poland in September 1939.

Events of 1935

John Maynard Keynes suggested a new economic theory, which would have a significant impact on economic thought for generations.

Social Security was enacted in the United States.

Alcoholics Anonymous was founded.

Architect Frank Lloyd Wright designed his masterpiece, Fallingwater.

The gangster known as Ma Barker and a son were killed in a shootout with police, and Sen. Huey Long was shot in the Louisiana Capitol Building.

Parker Brothers introduced the iconic board game Monopoly, and Penguin brought out the first paperback books.

Wiley Post and Will Rogers died in a plane crash.

In a harbinger of the horror to come, Germany issued the Anti-Jewish Nuremberg Laws.

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The Somber and Difficult Times of the 1930s

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The 1930s were dominated by the Great Depression in the United States and the rise of Nazi Germany in Europe. The FBI under J. Edgar Hoover went after gangsters, and Franklin D. Roosevelt became synonymous with the decade with his New Deal and "fireside chats."

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This happened in the 1930s that began in the United States. The great depression was the worst economic downturn in history. This started when the stock market crashed on October 24, 1920. People lost faith in American economy. It was also caused because of numbers of weaknesses in the economy

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What Caused the Great Depression?

Throughout the 1920s, the U.S. economy expanded rapidly, and the nation's total wealth more than doubled between 1920 and 1929, a period dubbed " the Roaring Twenties."

The stock market, centered at the New York Stock Exchange on Wall Street in New York City, was the scene of reckless speculation, where everyone from millionaire tycoons to cooks and janitors poured their savings into stocks. As a result, the stock market underwent rapid expansion, reaching its peak in August 1929.

By then, production had already declined and unemployment had risen, leaving stock prices much higher than their actual value. Additionally, wages at that time were low, consumer debt was proliferating, the agricultural sector of the economy was struggling due to drought and falling food prices and banks had an excess of large loans that could not be liquidated.

The American economy entered a mild recession during the summer of 1929, as consumer spending slowed and unsold goods began to pile up, which in turn slowed factory production. Nonetheless, stock prices continued to rise, and by the fall of that year had reached stratospheric levels that could not be justified by expected future earnings.

Stock Market Crash of 1929

On October 24, 1929, as nervous investors began selling overpriced shares en masse, the stock market crash that some had feared happened at last. A record 12.9 million shares were traded that day, known as "Black Thursday."

Five days later, on October 29, or "Black Tuesday," some 16 million shares were traded after another wave of panic swept Wall Street. Millions of shares ended up worthless, and those investors who had bought stocks "on margin" (with borrowed money) were wiped out completely.

As consumer confidence vanished in the wake of the stock market crash, the downturn in spending and investment led factories and other businesses to slow down production and begin firing their workers. For those who were lucky enough to remain employed, wages fell and buying power decreased.

Many Americans forced to buy on credit fell into debt, and the number of foreclosures and repossessions climbed steadily. The global adherence to the gold standard, which joined countries around the world in fixed currency exchange, helped spread economic woes from the United States throughout the world, especially in Europe.

Bank Runs and the Hoover Administration

Despite assurances from President Herbert Hoover and other leaders that the crisis would run its course, matters continued to get worse over the next three years. By 1930, 4 million Americans looking for work could not find it; that number had risen to 6 million in 1931.

Meanwhile, the country's industrial production had dropped by half. Bread lines, soup kitchens and rising numbers of homeless people became more and more common in America's towns and cities. Farmers couldn't afford to harvest their crops and were forced to leave them rotting in the fields while people elsewhere starved. In 1930, severe droughts in the Southern Plains brought high winds and dust from Texas to Nebraska, killing people, livestock and crops. The " Dust Bowl " inspired a mass migration of people from farmland to cities in search of work.

In the fall of 1930, the first of four waves of banking panics began, as large numbers of investors lost confidence in the solvency of their banks and demanded deposits in cash, forcing banks to liquidate loans in order to supplement their insufficient cash reserves on hand.

Bank runs swept the United States again in the spring and fall of 1931 and the fall of 1932, and by early 1933 thousands of banks had closed their doors.

In the face of this dire situation, Hoover's administration tried supporting failing banks and other institutions with government loans; the idea was that the banks in turn would loan to businesses, which would be able to hire back their employees.

FDR and the Great Depression

Hoover, a Republican who had formerly served as U.S. secretary of commerce, believed that government should not directly intervene in the economy and that it did not have the responsibility to create jobs or provide economic relief for its citizens.

In 1932, however, with the country mired in the depths of the Great Depression and some 15 million people unemployed, Democrat Franklin D. Roosevelt won an overwhelming victory in the presidential election.

By Inauguration Day (March 4, 1933), every U.S. state had ordered all remaining banks to close at the end of the fourth wave of banking panics, and the U.S. Treasury didn't have enough cash to pay all government workers. Nonetheless, FDR (as he was known) projected a calm energy and optimism, famously declaring "the only thing we have to fear is fear itself."

Roosevelt took immediate action to address the country's economic woes, first announcing a four-day "bank holiday" during which all banks would close so that Congress could pass reform legislation and reopen those banks determined to be sound. He also began addressing the public directly over the radio in a series of talks, and these so-called " fireside chats " went a long way toward restoring public confidence.

During Roosevelt's first 100 days in office, his administration passed legislation that aimed to stabilize industrial and agricultural production, create jobs and stimulate recovery.

In addition, Roosevelt sought to reform the financial system, creating the Federal Deposit Insurance Corporation ( FDIC) to protect depositors' accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent abuses of the kind that led to the 1929 crash.

The New Deal: A Road to Recovery

Among the programs and institutions of the New Deal that aided in recovery from the Great Depression was the Tennessee Valley Authority (TVA), which built dams and hydroelectric projects to control flooding and provide electric power to the impoverished Tennessee Valley region, and the Works Progress Administration (WPA), a permanent jobs program that employed 8.5 million people from 1935 to 1943.

When the Great Depression began, the United States was the only industrialized country in the world without some form of unemployment insurance or social security. In 1935, Congress passed the Social Security Act, which for the first time provided Americans with unemployment, disability and pensions for old age.

After showing early signs of recovery beginning in the spring of 1933, the economy continued to improve throughout the next three years, during which real GDP (adjusted for inflation) grew at an average rate of 9 percent per year.

A sharp recession hit in 1937, caused in part by the Federal Reserve's decision to increase its requirements for money in reserve. Though the economy began improving again in 1938, this second severe contraction reversed many of the gains in production and employment and prolonged the effects of the Great Depression through the end of the decade.

Depression-era hardships fueled the rise of extremist political movements in various European countries, most notably that of Adolf Hitler's Nazi regime in Germany. German aggression led war to break out in Europe in 1939, and the WPA turned its attention to strengthening the military infrastructure of the United States, even as the country maintained its neutrality.

African Americans in the Great Depression

One-fifth of all Americans receiving federal relief during the Great Depression were Black, most in the rural South. But farm and domestic work, two major sectors in which Black workers were employed, were not included in the 1935 Social Security Act, meaning there was no safety net in times of uncertainty. Rather than fire domestic help, private employers could simply pay them less without legal repercussions. And those relief programs for which African Americans were eligible on paper were rife with discrimination in practice since all relief programs were administered locally.

Despite these obstacles, Roosevelt's "Black Cabinet," led by Mary McLeod Bethune, ensured nearly every New Deal agency had a Black advisor. The number of African Americans working in government tripled.

Women in the Great Depression

There was one group of Americans who actually gained jobs during the Great Depression: Women. From 1930 to 1940, the number of employed women in the United States rose 24 percent from 10.5 million to 13 million Though they'd been steadily entering the workforce for decades, the financial pressures of the Great Depression drove women to seek employment in ever greater numbers as male breadwinners lost their jobs. The 22 percent decline in marriage rates between 1929 and 1939 also created an increase in single women in search of employment.

Women during the Great Depression had a strong advocate in First Lady Eleanor Roosevelt, who lobbied her husband for more women in office-like Secretary of Labor Frances Perkins, the first woman to ever hold a cabinet position.

Jobs available to women paid less but were more stable during the banking crisis: nursing, teaching and domestic work. They were supplanted by an increase in secretarial roles in FDR's rapidly-expanding government. But there was a catch: over 25 percent of the National Recovery Administration's wage codes set lower wages for women, and jobs created under the WPA confined women to fields like sewing and nursing that paid less than roles reserved for men.

Married women faced an additional hurdle: By 1940, 26 states had placed restrictions known as marriage bars on their employment, as working wives were perceived as taking away jobs from able-bodied men-even if, in practice, they were occupying jobs men would not want and doing them for far less pay.

Great Depression Ends and World War II Begins

With Roosevelt's decision to support Britain and France in the struggle against Germany and the other Axis Powers, defense manufacturing geared up, producing more and more private-sector jobs.

The Japanese attack on Pearl Harbor in December 1941 led to America's entry into World War II, and the nation's factories went back into full production mode.

This expanding industrial production, as well as widespread conscription beginning in 1942, reduced the unemployment rate to below its pre-Depression level. The Great Depression had ended at last, and the United States turned its attention to the global conflict of World War II.

Photo Galleries

HISTORY Vault

# data[].attributes.attachment_link.title
Great Depression: Black Thursday, Facts & Effects

# data[].attributes.attachment_link.description
The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. At its peak, the U.S. unemployment rate topped 20 percent.

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¨Adolf Hitler becomes chancellor of Germany." In 1933

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In the 1936 Olympics in Berlin, a black Alabama native educated at Ohio State University, Jesse Owens, wins four gold medals. He breaks Olympic and world records, but German dictator Aldoph Hitler refuses to recognize the American's achievements. Hitler had declared that the superior German Aryan race would dominate the games.