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The Great Depression Timeline - Timeline Help
The Great Depression timeline part 1 of 4 from 1913 to 1928 at Timeline Help.
- 1913
- 1914 - 1918
- 1920 - 1921
- 1923 - 1924
- 1925
- 1926
- 1928 | Federal Reserve Act passed on December 23rd.
World War I begins. The war transforms the United States into a largest creditor nation in the world, causes overproduction in agriculture in the US and develops advertising techniques that use mass persuasion.
The economic expansion from the war deflates, creating an economic recession. It ends in July, 1921.
Another expansion peaks and recession hits the country. It ends in July, 1924. The stock market begins its rise in 1924, though it has little to do with the rest of the economy.
The top tax rate is lowered to 25%, which is the lowest top rate in the 20th century. The Supreme Court makes a ruling that trade organizations do not violate anti-trust laws if some competition manages to survive.
Recession begins in October, and continues until November of 1927. The Federal Reserve reduces the discount rate by half of a point. It buys $230 million in government securities.
Stocks continue to rise artificially. Market speculators push stock prices higher than they are realistically worth. Herbert Hoover is elected President of the United States. | The Great Depression Timeline 1 2 3 4
| Bibliography of The Great Depression Timeline Bruner, R and Carr, S (2007). The Panic of 1907, Lessons Learned from the Market's Perfect Storm.
Galbraith, J (1997). The Great Crash of 1929.
Shlaes, A (2008). The Forgotten Man, A New History of the Great Depression.
Bernstein, M (1989). Delayed Recovery and Economic Change in America, 1929 - 1939. Studies in Economic History and Policy.
Kyvig, D (2004). Daily Life in the United States, 1920 - 1940 How Americans Lived Through the Roaring Twenties and the Great Depression.
Paul, R (2008). The Revolution A Manifesto.
Hall, T and Ferguson, J (1998). The International Disaster of Perverse Economic Policies.
Sowell, T (2007). The Economic Facts and Fallacies. |
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