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The 1929 stock market crash resulted from a combination of factors, including excessive speculation and buying "on margin" (borrowing to buy stocks), an overvalued market, a struggling economy with declining production and unemployment.
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The "Bonus Army" was a march on Washington, D.C., in 1932 by thousands of World War I veterans demanding immediate payment of a promised war bonus.
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Bank failures during the Great Depression were rampant, with over 9,000 banks collapsing between 1930 and 1933, leading to widespread loss of savings and significantly contracting the money supply
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The Smoot-Hawley Tariff Act was U.S. legislation from 1930 that raised import duties to protect American businesses and farmers during the Great Depression. It resulted in widespread retaliatory tariffs from other countries
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The Scottsboro Boys case involved nine Black teenagers falsely accused of raping two white women on a train in 1931 Alabama. The convictions, secured by all-white juries, sparked national outcry and led to two landmark Supreme Court decisions (Powell v. Alabama and Norris v. Alabama) -
The Dust Bowl was a period of severe dust storms in the American and Canadian prairies during the 1930s, caused by a combination of a severe drought and aggressive, poor farming techniques like the systematic destruction of prairie grasses. -
Hoovervilles were makeshift shantytowns of homeless people during the Great Depression, built from scavenged materials and named derisively after President Herbert Hoover, -
President Franklin D. Roosevelt delivered his first fireside chat, on the Emergency Banking Act, eight days after taking office (March 12, 1933).
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During the Great Depression, President Franklin D. Roosevelt declared a national Bank Holiday on March 6, 1933, to temporarily close all U.S. banks to stop panic-driven bank runs and stabilize the banking system.
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The FDIC was created in 1933 by the Banking Act of 1933, signed into law by President Roosevelt, in response to widespread bank failures during the Great Depression. Its primary purpose is to maintain stability and public confidence in the nation's financial system
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Herbert Hoover's tenure as the 31st president of the United States began on his inauguration on March 4, 1929, and ended on March 4, 1933. Hoover, a Republican, took office after a landslide victory in the 1928 presidential election over Democrat Al Smith of New York.
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The National Housing Act of 1934 established the Federal Housing Administration (FHA) to stimulate home building and homeownership during the Great Depression by providing mortgage insurance to lenders
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The Indian Reorganization Act (IRA) of 1934, also known as the Wheeler-Howard Act, was a U.S. federal law aimed at reversing assimilation policies and promoting Native American self-governance and cultural revitalization -
The Social Security Act of 1935, signed into law by President Franklin D. Roosevelt, established a system of federal old-age benefits, unemployment compensation, and aid to the aged, blind, and disabled, aiming to provide economic security and support during the Great Depression
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What was the purpose of Roosevelt's Black Cabinet?
The Black Cabinet, with Eleanor Roosevelt's support, worked to ensure that African Americans received 10 percent of welfare funds.