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As the economy deteriorates, construction across the country stops
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The fall of stock prices is seen as marking the beginning of the great depression.
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The Most devastating stock market crash in the history of the united states, the market lost $30 billion in two days
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The first bank panic ensues causing bankruptcies
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The Corporation aimed to loan money to banks and rail roads to keep them from going bankrupt, unfortunately, this had little effect on the great depression as a whole, and didn't help to turn the economy around.
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100,000 banks have failed since 1929, crippling the economy.
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Unemployment sky rockets to an unbelievable 25 Percent average for the year.
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Thanks to Germany's economic desperation, hitler was able to push his way to the top, and gain the people's love by turning the economy around.
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Franklin D. Roosevelt turned around America's Unemployment rate, when he became president the unemployment rate was 25 percent, and in 1937, it had fallen to 14.3 percent, a dramatic difference.
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Franklin D. Roosevelt is reelected for another term
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The agricultural adjustment act established a minimum wage and maximum work week
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When the United States enters the war in 1941, it destroys the last remnants of the great depression, and American unemployment decreases to below 10 Percent