Events with tag - Poverty

October 29, 1929

Great Depression Begins

The Great Depression began with Black Tuesday on October 29, 1929, when the stock market crashed, leading to the most severe economic downturn in modern history. The crisis spread globally, causing widespread unemployment, mass poverty, and profound social changes that would reshape society for decades.

December 1, 1929

First Hooverville Emerges in Seattle

The first documented Hooverville appeared in Seattle's Harbor Island in late 1929, marking the beginning of widespread makeshift settlements during the Great Depression. These settlements, named to criticize President Herbert Hoover, housed thousands of homeless Americans who lost everything in the economic crisis.

May 18, 1933

Tennessee Valley Authority Established

The Tennessee Valley Authority (TVA) was established as a federal corporation during the Great Depression to address poverty, flood control, and rural electrification across seven southeastern states.

September 1, 1937

Farm Security Administration Establishment

The Farm Security Administration (FSA) was created through Executive Order 7530 to replace the Resettlement Administration, focusing on combating rural poverty and supporting struggling farmers during the Great Depression.