great depression
Updated: 2/13/2020
great depression

Storyboard Text

  • Stock Market Crash
  • New Deal Launched
  • The Corporate Bankruptcy Act
  • The stock market crash of 1929 was a four-day collapse of stock prices that began on October 24,1929. It destroyed confidence in Wall Street and led to the Great Depression.
  • The Second New Deal
  • The New Deal was a series of programs, public, work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the USA between 1933 and 1939 to recover from the Great Depression.
  • Unemployment rises to 19 Percent
  • An act to establish a uniform system of bankruptcy throughout the united states
  • World War ll and the End of Great Depression
  • Term used by commentators at the time and historians ever since to characterize the second stage, 1935-36, of the New Deal programs of President Franklin D. Roosevelt
  • Unemployment got to 25% at its highest during Great Depression The unemployment rate didn't drop below 10% until after the country entered WWll.
  • Great Depression ended and prosperity restored, by sharp reductions in spending, taxes and regulation at the end of WWll