The New Deal

The Great Depression.

The Story.

The Great Depression, on October 29, 1929, in the United States began a day known forever after as "Black Tuesday." Which the American stock market- who had been steadily upward for almost a decade, crashed, making the country into its most dramatic economic downturn they had ever had.

The Great Depression.

Tuesday, Oct. 29th 1929 at 7:15pm

United States

This incident was so tradition that people lost their shirts; banks failed; the nation’s money supply went terribly down; and companies went bankrupt and began to fire their workers in lines. but at the time the New Deal was happening, President Herbert Hoover urged patience and self-reliance, he thought the crisis was just "a passing incident in our national lives" that it wasn't the federal government's job to try and resolve.

Facts!

By 1932, one of the worst years of the Great Depression, at least one-quarter of the American workforce was unemployed. Everyone was loosing there jobs. When President Franklin Roosevelt took office in 1933, he acted swiftly to try and stabilize the economy and provide jobs and relief to those who were suffering. He did what he could to help.