An average of 600 banks fail each year.
The value of farmland falls 30 to 40 percent between 1920 and 1929.
The stock market begins its spectacular rise. Bears little relation to the rest of the economy.
The top tax rate is lowered to 25 percent - the lowest top rate in the eight decades since World War I.
Over 13 million Americans have lost their jobs since 1929.
More than half of all Americans are living below a minimum subsistence level.
Democrats gain in Congressional elections, but still do not have a majority.
The GNP falls another 8.5 percent; unemployment rises to 15.9 percent.
Top tax rate is raised from 25 to 63 percent.
Industrial stocks have lost 80 percent of their value since 1930.
Congress passes the Banking Act of 1935, the Emergency Relief Appropriation Act, the National Labor Relations Act, and the Social Security Act
Economic recovery continues: GNP grows a record 14.1 percent; unemployment falls to 16.9 percent.
Franklin D. Roosevelt is elected to a second term as president, winning in a landslide over Republican Alf Landon. Roosevelt wins every state but Maine and Vermont.
Nazi rally in NYC in 1939