The Great Depression: A United States Timeline by

1929: The Stock Market Crash

NadiaMariRubio — 2024-03-05 15:18:57 UTC

The beginning of the Great Depression started in 1929 of October 29. It was also known as Black Tuesday and millions of dollars were lost, wiping out multiple investors and it led to a decade long economic crisis. Along with the Stock Market crashing, farmland markets were also crashing.

“The Crash of 1929.” Bill of Rights Institute. Accessed March 6, 2024. https://billofrightsinstitute.org/essays/the-crash-of-1929.

1930: The Dust Bowl Begins

NadiaMariRubio — 2024-03-05 15:18:58 UTC

A series of severe dust storms, known as the Dust Bowl, started in 1930, severely impacting the Great Plains region. These storms destroyed crops, obliterated farms, and led to a mass migration of farming families out of the affected areas, exacerbating the economic downturn and eventually leading into unemployment rates soaring across the United States.

“The Dust Bowl : Great Depression and World War II, 1929-1945 : U.S. History Primary Source Timeline : Classroom Materials at the Library of Congress : Library of Congress.” The Library of Congress. Accessed March 6, 2024. https://www.loc.gov/classroom-materials/united-states-history-primary-source-timeline/great-depression-and-world-war-ii-1929-1945/dust-bowl/.

1931: Unemployment Rates Soar

NadiaMariRubio — 2024-03-05 15:18:58 UTC

In 1931, the unemployment rate in the United States soared to 15.9%, illustrating the deepening economic crisis. Millions of Americans were out of work, struggling to find jobs amidst company closures and reduced demand for labor. Although this was occurring a new proposal was being formed to hopefully rebuild the economy.

Chapters, All, and All Chapters. The American yawp, June 7, 2013. https://www.americanyawp.com/text/23-the-great-depression/.

1933: The New Deal

NadiaMariRubio — 2024-03-05 15:19:00 UTC

President Franklin D. Roosevelt introduced the New Deal in 1933, a series of programs, public work projects, financial reforms, and regulations enacted to help the United States recover from the Depression. The New Deal aimed to provide immediate economic relief, recovery, and reforms to prevent future depressions. Although this new deal was created it did not do much for society in the long run.

“President Franklin Delano Roosevelt and the New Deal : Great Depression and World War II, 1929-1945 : U.S. History Primary Source Timeline : Classroom Materials at the Library of Congress : Library of Congress.” The Library of Congress. Accessed March 6, 2024. https://www.loc.gov/classroom-materials/united-states-history-primary-source-timeline/great-depression-and-world-war-ii-1929-1945/franklin-delano-roosevelt-and-the-new-deal/.

1937: The Second New Deal and the Recession

NadiaMariRubio — 2024-03-05 15:19:04 UTC

Despite the initial success of the New Deal, the United States experienced a recession in 1937, which led to a decline in industrial production and a rise in unemployment. In response, President Roosevelt launched the Second New Deal, introducing additional programs to stimulate economic recovery. In this act of recovery a war was upon them which eventually helped equal out the economy and did good for the people.

"The great depression. (reprint, 1934)." Reference & Research Book News, vol. 24, no. 3, Aug. 2009. Gale Academic OneFile, link.gale.com/apps/doc/A205549218/AONE?u=txshracd2534&sid=bookmark-AONE&xid=deb76313. Accessed 6 Mar. 2024.

1939: The Beginning of World War II Ends the Depression

NadiaMariRubio — 2024-03-05 15:19:05 UTC

The onset of World War II in 1939 dramatically increased demand for American goods and services, leading to an upsurge in industrial production and employment. This economic boom effectively brought the Great Depression to an end in the United States. The Great Depression was a difficult time for Americans but the new deal created proposals to hopefully to prevent this from happening again although in todays economy it seems as if another Great Depression could occur from the ways that the inflammation is happening and how everything is becoming overly priced in the market now.

Butchart, Ronald E. "David E. Kyvig. Daily Life in the United States, 1920-1940: How Americans Lived Through the 'Roaring Twenties' and the Great Depression." Teaching History: A Journal of Methods, vol. 31, no. 1, spring 2006, pp. 54+. Gale Academic OneFile, link.gale.com/apps/doc/A144294641/AONE?u=txshracd2534&sid=bookmark-AONE&xid=e4e49f57. Accessed 6 Mar. 2024.