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economy started shrinking in august
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the stock market begins to crash
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The stock market plunges
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banks didn't have enough money to give out to people wanting to sell there stocks
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Food riots begin to break out in some places in the US
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unemployment rises to 23.6% and over 10,000 banks have failed
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lays out plans to end the great depression
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Franklin adds many new principles and laws to counteract the great depression
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about 8 million workers are employed over the next 7 years and unemployment falls to 16.9
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Franklin D Roosevelt is inaugurated for his second term,and the supreme court rules that the social security act is constitutional
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unemployment rises to 19%
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world war ii began when Germany invades Poland and the depression ends over the next coming years as the U.S build up its armed forces
