Events with tag - Economic Crisis

April 16, 1927

Great Mississippi Flood

The Great Mississippi Flood of 1927 was one of America's most catastrophic natural disasters, inundating 27,000 square miles across seven states and forcing over 637,000 people to evacuate their homes. The disaster caused $400 million in damage and led to significant changes in federal flood control policies.

October 29, 1929

Great Depression Begins

The Great Depression began with Black Tuesday on October 29, 1929, when the stock market crashed, leading to the most severe economic downturn in modern history. The crisis spread globally, causing widespread unemployment, mass poverty, and profound social changes that would reshape society for decades.

October 29, 1929

The Great Depression Peak Unemployment

The Great Depression reached its devastating peak in 1933 with an unprecedented 24.9% unemployment rate, leaving 15 million Americans jobless in the worst economic crisis of modern history.

October 29, 1929

The Great Depression

The Great Depression was the worst economic downturn in US history, beginning with the stock market crash of 1929 and ending between 1939-1941 due to World War II's massive industrial mobilization.

December 1, 1929

First Hooverville Emerges in Seattle

The first documented Hooverville appeared in Seattle's Harbor Island in late 1929, marking the beginning of widespread makeshift settlements during the Great Depression. These settlements, named to criticize President Herbert Hoover, housed thousands of homeless Americans who lost everything in the economic crisis.

January 1, 1930

The Dust Bowl Crisis

The Dust Bowl was a devastating environmental disaster that struck the Great Plains of North America in the 1930s, resulting from severe drought conditions and poor farming practices. It led to massive soil erosion, agricultural collapse, and the displacement of millions of people.

May 29, 1932

Bonus Army March

In summer 1932, during the Great Depression, 20,000 WWI veterans and their families marched on Washington D.C. demanding early payment of service certificates. The peaceful protest ended in tragedy when President Hoover ordered military forces to violently disperse the protesters.