global depression Timeline by

stock crash of 1929

townerdeclan1 — 2024-02-21 00:13:58 UTC

in October 1929 the stock prices fell, this caused everyone to then rush to sell their stocks. a record number of 13 million shares of various stocks were sold. the next day this would be broken with 16 million shares being sold

bank panic

townerdeclan1 — 2024-02-21 00:16:56 UTC

a bank panic is when a large amount lose trust and/or security in their banks and withdraw all their money. in the history of the great depression there 4 bank panics two in 1931, 1 in 1932

and the last being in 1933.

1932 presidential election

townerdeclan1 — 2024-02-21 00:27:55 UTC

when the election had begun. peoples opinions of hoover as president were in the dumps. therefore Roosevelt had swept the competition with 472 electoral votes while hoover had 59 electoral votes

japan deflation of currency

townerdeclan1 — 2024-02-21 00:43:56 UTC

between 1929-1933 japans currency had deflated by 30%. the deflation was most rapid between 1930-1931.

recovery

townerdeclan1 — 2024-02-21 00:49:44 UTC

Roosevelt's new deal brought forth 4 new organizations. those being the Works Progress administration,civilian conversation corps, federal deposit insurance corporation, and finally the securities and exchange commission.

us returns to normal

townerdeclan1 — 2024-02-21 01:07:00 UTC

the united states gets out of the recession phase in 1938 and returns to its original numbers in 1942.

great Britain, japan, Germany

townerdeclan1 — 2024-02-21 01:09:13 UTC

these 3 countrys recovered much earlier than others, returning to their orignal state at the end of 1932

France

townerdeclan1 — 2024-02-21 01:10:58 UTC

France had taken the biggest hit from this depression. France hadn't entered a recovery phase or recession until the year 1938.