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Tiffi finds some really good information

_Elsa_
_Elsa_ Posts: 36,682 Sweet Legend
edited January 2021 in Candy Friends Stories

Oct. 24-29, 1929: Wall Street Crashes (New York City) - The "Roaring Twenties" come to a halt on Black Tuesday in October 1929, when stocks take a nosedive, contributing to the Great Depression. Reasons for the worst economic downturn in American history include over-lending by weakly regulated banks, excessive stock price valuation, too many stocks purchased on margin, unrestrained exuberance that sends millions of people to convert their savings into stocks, tightening of the credit by the Federal Reserve, and an agricultural drought.

Feb. 25, 1932: Hitler Becomes German (Germany) - Seven years after Adolf Hitler renounces his Austrian citizenship, a fellow member of the Nazi Party gets him a low-level government job, which comes with automatic citizenship. This opens the way for him to run for office. Already a well-known party activist, it takes Hitler only two years from receiving his citizenship status to becoming the leader of Germany.

March 12, 1933: FDR Elected (Washington D.C.) - With the Great Depression sending millions of Americans to soup kitchens and chasing whatever work they can find. Newly elected President Franklin Delano Roosevelt begins his weekly "Fireside Chats" as Americans are eager for guidance and solace during those dark times. FDR's first radio talk explains to Americans in plain language why he ordered that banks would close temporarily at different time in different parts of the country. The purpose, he explains, is to curb panic rushes of withdrawals, which has been hurting efforts to stabilize the banking system.

June 30, 1934: Hitler Consolidates Power (Berlin) - Germans, who had been suffering from a disastrous economic depression in 1929-30, begin to embrace the ideas of the Nationalist Socialist Workers Party – the Nazi Party. It becomes the largest party after the 1932 elections. In 1933, Adolf Hitler is appointed chancellor of Germany. After President Paul von Hindenburg dies in 1934, Hitler then purges members of his own party – the bloody Night of the Long Knives – with the help of Nazi storm troopers and becomes the unquestioned leader of Germany. ’ (Source

Let’s continue – Elsa can’t believe that there is so much history

Start at the beginning - Tiffi & Elsa learn a lot about world history

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