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The Great Depression

The number of the unemployed reached 13 million/ cost of living high/ wages were 60% lower than 1929

March 1st: Charles Lindberg Jr, was kidnapped family paid $50,000 in ranson, two months later baby found dead on Lindbergh estate: Kidnapping becomes a federal crime

March 7th:3,000 people march on Ford's River asking for jobs, police fired on demonstrators at point blank range with pistols and machin gun. 4 died.

"We want Beer" marches held across the nation

July 28: After camping out for 2 months in DC thousands of veterans demanding a bonus were attacked by police and US Army units commanded by Gen. Douglas Mac Arthur: 2 members of the bonus Army killed

Amielia Earheart becomes first women to fly across the Atlantic alone

Edwin H. Land invents the 1st polariod glass

Nov. 8: Franklin D. Roosevelt is elected President pledges a "New deal" for Americans.

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16y ago
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15y ago

overproduction, false credit

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Q: What were the major problems facing the American economy in the 1920?
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