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The fall of stock prices is the marking the begining of the great depression.
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The first bank panic starts causeing bankruptcies
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Congress passes the Smoot-Hawley Tariff
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he Corperation aimed to loan money to banks and rail roads to keep them from going bankrupt
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100,000 banks have failed since 1929, crippling the economy.
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Democrat Franklin D. Roosevelt defeats incumbent Republican President Herbert Hoover in a landslide to win the presidency.
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Hitler rises to power
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unemployment goes to 25 %
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Upton Sinclair publishes Treatise becomes very popular
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Franklin D. Roosevelt is elected to a second term as president, winning in a landslide over Republican Alf Landon. Roosevelt wins every state but Maine and Vermont.
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The agricultural adjustment act established a minimum wage and maximum work week
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WW2 starts
