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herbert hoover assumes office as president of the U.S. Hoover got a bad reputation as The Great Depression began, capitalism could prevent any economic downturn through a free market economy. -
After this day, it made 25 years before the stock market would reach its pre-Wall Street Crash high. -
sideways trading began once the stock market plummeted to the bottom. The unemployment Rate hadn't been hit to hard yet, since it'd lag behind any effects of the stock market. -
Since the Wall Street Crash, another 1.5 million people had been unemployed. President Hoover remained positive -
Taxes on 900 different imports are raised after Hoover signs the Smoot-Hawley Tariff Act. -
President Roosevelt begins his first hundred days in office and 15 laws are regulated to try to end the Great Depression. -
due to the Gold Reserve Act, the prices of gold doubled and banned private Ownership, the unemployment rate is lower then it was the last few years at a percentage of 21.7 and debt grew to $27 billion. -
people were signing a petition supporting a plan to end the Great Depression, the Rural Electrification Act made it so were farmers can generate electricity. -
Heat waves killed nearly 1,700 people, and while trying to stay cool 3,500 more people drowned. The unemployment rate dropped to 16.9% -
the US enters the Japanese attack on pearl Harbour, they are finally able to get out of the great depression.