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There was a land boom: raised wheat prices, war in Europe, lots of rain over the years, and generous federal farm policies.
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Southeastern plains (Us) were converted into wheat farms, Newcomers quick to move in and towns grew quickly.
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Kicked off Stock Market Crash of 1929
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Raised import tariffs and arguably made the Great Depression worse.
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The dust bowl began and things worsened a ton.
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FDR took office and tried his best to help. He led the country through the Great Depression.
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The New Deal included new constraints and safeguards on the banking industry and efforts to re-inflate the economy after prices had fallen sharply. New Deal programs included both laws passed by Congress as well as presidential executive orders during the first term of the presidency of Franklin D. Roosevelt.
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The Social Security Act was signed into law by President Roosevelt on August 14, 1935. In addition to several provisions for general welfare, the new Act created a social insurance program designed to pay retired workers age 65 or older a continuing income after retirement.
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Economy started to grow again and Great Depression was getting better.
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US enters World War II