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Herbert Hoover becomes the 31st President of the United States.
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The stock market reaches its peak, but there are signs that the economy is slowing.
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The stock market begins to crash.
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The stock market plunges. This day will became known as "Black Tuesday." This is when the price and the # of stocks plunged.
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The Empire State Building is completed.
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Unemployment Rises to 23.6 percent and over 10,000 banks have failed since 1929.
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The Bonus Army of U.S. veterans march on Washington and demand their bonus pay. They are removed by the U.S. Army by force.
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Franklin D. Roosevelt is elected president.
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The "First One Hundred Days" of Roosevelt's presidency begins. Over 15 new laws are quickly enacted to fight the Great Depression.
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President Roosevelt gives his first Fireside Chat. He explains the new banking laws.
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The National Industrial Recovery Act, the Farm Credit Act, and the Banking Act of 1933 are all passed by Congress. The Public Works Administration (PWA) is established.
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A huge dust storm envelops much of the Midwest. This day is called "Black Sunday."
