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The stock market crashes marking the end of six years of prosperity for most sectors of the American Economy. An estimated $30 billion dollars in stock values will be lost by mid November.
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Men and women broke the windows of a grocery store and and take a bunch of food then a worker at the store pulled out a gun and the men and women jumped on him and broke his arm and by that point 100 police men came and stopped the riot and seven people got arrested
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The bank of the United States in New York collapses the bank had more than $200 million in deposits and was reported as the largest single bank failure in the nations history.
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Franklin D. Roosevelt was elected for the first time on this date. Many Americans feel that Hoover didnt do enough and they hope that Roosevelt will end The Great Depression.
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Congress passed the Emergency Banking act and by the end of the month almost all of the banks that had closed during the Depression are up and running again.
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The CCC had young men go to camps and work on projects like building parks, roads, and fighting forest powers.
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The Tennessee valley authority brought electricity and jobs to Americans living in the Southern part of the United States.
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The Social Security Act is signed and the act provides money every month for senior citizens.
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People started to lose their jobs again and people didnt have any more hope that things will get better.
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President Franklin D. Roosevelt was elected for his third term beating Wendell Willkie. The US enters into war and this war will end up ending the Great Depression.
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Japan bombs Pearl Harbor and many Americans are killed during the bombing
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The United States go into World War 2 which would provide a lot of money for the economy and the great depression ended shortly after the US went into war.
