Pre Stock Market crash

Events

WW1

1914 - Approx. 1918

WW1 Started: lead to sudden decline in world stock prices.

Roaring 20s

1919 - 1928

Roaring 20's start.
-Soldiers came home from WW1
-Stock Market kept rising

stock market rises

1924

Stock market rises significantly.

Top tax rate lowered

1925

Top tax rate is lowered 25%

top tax rate raises

1928

Top tax rate rises 40%

New president

1929 - 1933

Herbert Hoover became president.

"Black Thursday"

October 24, 1929

Known as "black Thursday" , first sign of trouble in the stock market. Crash happened in just 5 days.

STOCK MARKET CRASH

october 29 1929

Known as "Black Tuesday" stock prices dropped immensely. So, people were selling their stocks out of panic. Losses for that October were nearly 16 billion dollars.

Drought

1930 - 1941

Drought hits 23 states in what is later knows as the Dust Bowl.

FDR presidency

March 4, 1933 - April 12, 1945

Franklin D. Roosevelt was the 32nd president, who served until he dies April 12, 1945.