The Timeline of the Great Depression 4

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The Timeline of the Great Depression 4 - Timeline Help

The Timeline of the Great Depression part 4 of 4 from 1935 to 1939 at Timeline Help.

- 1935

- 1936

- 1937

- 1938

- 1939

Congress creates the Works Progress Administration, the Rural Electrification Administration, the National Labor Relations Board, the Banking Act of 1935, the Emergency Relief Appropriation Act and the Social Security Act. The Supreme Court rules the National Recovery Administration is unconstitutional. The GNP grows 8.1% and unemployment falls to 20.1%. The second time in the timeline of the Great Depression.

The top tax rate is raised to 79%. The U S Supreme Court rules that portions of the Agricultural Adjustment Act is unconstitutional. Congress passes the Soil Conservation and Domestic Allotment Act instead. The GNP grows 14.1% and unemployment falls to 16.9%.

FDR aims for a balanced budget and cuts spending for 1937, plunging the nation into a recession. Even so, the GNP still climbs 5.0% and unemployment falls to 14.3%. The Memorial Day Massacre at Republic Steel's South Chicago plant kills ten and injures dozens.

FDR loses some of his influence and the recession that began in 1937 continues. No more New Deal legislation is passed. Franklin Delano Roosevelt petitions Congress to approve $3.75 billion in federal spending to boost the economy. The GNP falls 4.5% and unemployment rises to 19.0%.

As the United States builds its armed forces, the country begins to recover from the Depression due to borrowing and spending $1 billion. Manufacturing increases 50% between 1939 and 1941.

The Timeline of The Great Depression 4 1 2 3

Bibliography of The Timeline of The Great Depression Part 4

Schiff, P (2007). How to Profit From the Coming Economic Collapse.
Morris, C (2008). Trillion Dollar Meltdown, Easy Money, High Rollers, and the Great Credit Crash.
Arnold, D (2002). The Great Bust Ahead, The Greatest Depression in American and UK History.
Smiley, G (2003). Rethinking the GD.
Rothbard, M (2000). America's GD.
Kennedy, D (2001). Freedom from Fear, The American People in Depression and War, 1929 - 1945. Oxford History.
Berton, P (2001). GD: 1929 - 1939.
Powell, J (2004). FDR's Folly, How Roosevelt and His New Deal Prolonged the Great Depression.
Labutta, M (2006). Middle Class Life During The Great Depression.
Watkins, T H (2000). The Hungry Years, Narrative History.
Stathis (2008). America's Financial Apocalypse. How to Profit from the Next GD.

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