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The American economy unexpectedly fell -
Production declined sharply, as did profits and employment -
President Roosevelt is elected and he starts the ¨New Deal¨ plan -
stock market crashed -
Emergency Banking Act passes -
President Hoover had hoped the depression was almost over. But it got worse -
The U.S enters WWII and the Great Depression end -
All the main economic indicators had regained the levels of the late 1920s, except for unemployment, which remained high -
Great depression ended. the worst economic downturn in the history of the industrialized world