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5 Causes of the Great Depression
By 1929, a perfect storm of unlucky factors led to the start of the worst economic downturn in U.S. history.
Read more about 5 Causes of the Great DepressionThe Great Depression began with the stock market crash of 1929 and was made worse by the 1930s Dust Bowl. President Franklin D. Roosevelt responded to the economic calamity with programs known as the New Deal.
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By 1929, a perfect storm of unlucky factors led to the start of the worst economic downturn in U.S. history.
Read more about 5 Causes of the Great DepressionFeatured
FDIC Created The Glass‑Steagall Act set up a firewall between commercial banks, which accept deposits and issue loans, and investment banks that negotiate the sale of bonds and stocks. The Banking Act of 1933 also created the Federal Deposit Insurance Corporation (FDIC), which protected bank deposits up to $2,500 at the time (now up to […]
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Meant to exhibit the “World of Tomorrow,” the 1939 World’s Fair in New York City tried to predict what life would be like beyond the 20th century. “Elektro” is a perfect example – a humanoid robot who could enjoy a cigarette while cracking a joke.
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From Stalin’s reign of terror to Gorbachev and glasnost, meet the eight leaders who presided over the USSR.
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