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This is the start of the stock market crash. Stocks drop 11% this day
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The stock market drops another 12%. Banks start getting involved
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Banks start failing all over the country
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One of the worst droughts America has seen hits almost every state. That causes people to freak out more than they already are from the depression
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Riots start all over because people are starving. They need food an places to live but they cant have any of that without their money.
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The fourth largest bank in the country fails causing a big money failure in the US
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President hoover accidentally makes the depression worse by raising the income tax rate to 63%
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President Roosevelt is elected and is determined to make a change in the US
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President Roosevelt started his first hundred days. With that he was trying to tackle the Great Depression with new laws
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America finally stabilizes out of the Great Depression right after the Attack on Pearl Harbor