The Great Depression

(Period: War, Prosperity and Depression)

Synopsis:

For a brief synopsis of the history of this time and period: Click Here.

Historical synopsis courtesy of A Hypertext on American History from the colonial period until Modern Times by Department of Humanities Computing, University of Groningen, The Netherlands and the former United States Information Agency (1953-1999).

Key Events:

• October 1929 - the stock market crashed, with 40% of peoples' money vanishing - "The Great Depression"

Key People:

• Franklin D. Roosevelt - "FDR," winner of 1932 presidential election against Hoover, radically transformed America's social and economic status quo.