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One-fouth of oth US workforce became unemployed, this was over fifteen million Americans.
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It was on this day that the stock marked crashed. Picture retreaved from: http://www.viralnova.com/when-the-great-depression-began/
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It was in this month that Franklen Delano Roosevelt, a New York governor, won the election by a landslide by offereing Americans a New Deal.
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FDR is inaugurated as the 32 president of the USA. Picture retreaved from: http://www.christiebooks.com/ChristieBooksWP/2014/01/high-treason-the-plot-against-the-people-albert-e-kahn-book-3-the-war-within-8-new-deal-2-first-term/
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FDR issues a four-day holday for banks, which stops all exchanges of gold, silver, and currency through banks. http://xroads.virginia.edu/~ma02/volpe/newdeal/timeline_text.html
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The Emergency Banking Relief Act is to stabelize the US banking system.
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Many of the New Deal programs are put into play in these days
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The Reforestation Relief Act established the Civilian Conservation Corps (CCC), the CCC provieded work fro 250,000 men ages eighteen to twenteyfive. The men were put to work building roads, public buildings and national parks. Picture retreaved from: http://en.wikipedia.org/wiki/File:Ccc_pillow.jpg
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The nation is taken off of gold standard.
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The Agricultural Adjustment Act is signed by FDR and this act sets prices for agricutlural products and pays subsidies to farmers.
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The Federal Emergency Relief Act is passed in congress. This act sends grants to states for relief projects, a fouth of the workforce is unemloyed at this point.
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The Federal Securities Act is passed by congress and this act regulates and monitors stocks and bonds.
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The National Employment System Act is passed by congress.
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The Home Owners Refinancing Act provided mortgage money and other aid to homeowners. By the time this act is ended in 1936, more than one million morgages will be provieded for loans.
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Congress will pass the National Industrial Recovery Act (NIRA), the Farm Credit Act and the Banking Act of 1933.
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Established by an executive order of FRD, the National Labor Board now has the ablility to enforce the right of collective bargaining.
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An executive order by FDR, the Civil Works Administration (CWA) must provide work for around four million unemployed americans during the winter. Picture retrieved from: http://www.ebay.com/itm/CWA-Civil-Works-Administration-Created-FDR-Franklin-D-Roosevelt-1933-Newspaper-/370942338381
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The 21st Amendment goes into effect. The 21st Amendment repealed the 18th Amendment and ended prohibition. Picture retrieved from: http://www.kgns.tv/home/headlines/Americas-beer-distributors-celebrate-anniversary-of--21st-Amendment-284877761.html
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The GNP rises by 7.7 percent, and unemployment falls to 21.7 percent. This is the first step in the direction of recovering from the Great Depression.
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The Gold Reserve Act gives the government control of fluctuations in the value of the American dollar.
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The Farm Mortgage Refinancing Act helps farmers refinance their mortgages.
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The Securities and Exchange Act and the Trade Agreement Act are passed by congress during this year.
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Farm Mortgage Foreclosure Act allows farmers loans to recover property lost to foreclosure.
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The Federal Communications Commission, the National Mediation Board and the Securities and Exchange Commission are all formed in this year.
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During this year, the Banking Act of 1935, the Emergency Relief Appropriation Act, the National Labor Relations Act, and the Social Security Act are all passed by congress.
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The GNP grows another 8.1 percent, and unemployment falls to 20.1 percent.
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The National Recovery Administration to be unconstitutional by the Supreme Court.
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The Agricultural Adjustment Act is declared to be unconstitutional by the Supreme Court.
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The GNP grows a record 14.1 percent and unemployment falls to 16.9 percent.
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Congress passes the Soil Conservation and Domestic Allotment Act.
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The Supreme Court declares the National Labor Relations Board to be unconstitutional.
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GNP rises 5.0 percent, and unemployment falls to 14.3 percent.
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Agricultural Adjustment Act of 1938 and the Fair Labor Standards Act are passed by congress this year. After this no major New Deal legislation is passed.
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The GNP falls 4.5 percent, and unemployment rises to 19.0 percent.
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Depression ends world wide this year as countires start prepareing for World War II.
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The GNP rises 7.9 percent and unemployment falls to 17.2 percent.
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The USA emerges from WWII as the worlds only economic superpower.
