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OCTOBER 1929
The stock market crashes
- "Black Thursday" stock market prices start to drop.
- Stock market crashes when prices keep dropping and by the end of November, the stock market loses $30 billion.
- Franklin D. Roosevelt is elected president for the first time.
- Americans hope that Roosevelt will end the Depression.
Timeline of events
FEBRUARY 1931
Food riots break out in the United States
- Food riots start in cities across the United States. Hungry Americans smash grocery store windows, take food, and run away because they do not have any other way of getting food to eat and don't have any money to buy food.
November 8, 1932
Roosevelt is elected president
March 9, 1933
The Emergency Banking Act is passed
- Congress passes the Emergency Banking Act.
- By the end of the month, almost all the banks that were closed during the beginning of the depression, opened again.
April 1933
The Civilian Conservation Corps is created
- The Civilian Conservation Corps is created.
- Thousands of young men go to camps to work on building parks, building roads, and fighting forest fires.
April 1935
The Works Progress Administration puts Americans to work
- The Works Progress Administration is created.
- Puts Americans to work doing many types of writing, acting, building bridges, and building airports.
August 1935
Social security is created
- The Social Security Act is signed.
- The Act provides money every month for senior citizens.
March 1937
The economy goes through another recession
- After showing some improvement, the economy starts to suffer again when more Americans lose their jobs.
December 1941
The Great Depression ends
- The United States declares war on Japan and joins World War II.
- War creates so much money and jobs for the economy, the Great Depression ends soon after the U.S. goes to war.