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On March 4th, 1929, Herbert Hoover is inaugurated into office. Hoover had a strong sense of individualism, even during the oncoming economic crises. "I have been selected by you to execute and enforce the laws of the country. I propose to do so to the extent of my own abilities, but the measure of success that the Government shall attain will depend upon the moral support which you, as citizens, extend." - Herbert Hoover, 3/4/1929
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Newspaper Article (the link may take you away from the timeline) https://docs.google.com/document/d/1ajSNO1xPcpbgiP-Zw-q5D7HJlifo5PozSesRPiNmPls/edit?usp=sharing
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The Smoot-Hawley Tariff, passed in 1930, was made in an effort to keep civilian spending within itself. The tariff tried to do this by raising taxes on imports from outside countries, encouraging Americans to keep their own economy going. This had very little success and even caused detriment for some people.
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Social Media Post -
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In late 1931, Japan begins to take more territory both to their west and south, capturing both Manchuria and other Pacific islands. The photo shows Japan's taken territory.
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Due to the high percentages of homelessness in different states, "Hoovervilles," or small communities that built little homes from scrap or whatever, could begin to pop up. They all wanted to get through the depression and lived through awful conditions. -
The Glass-Steagall Act was a great step forward when helping the massive economy dip of the Depression. The government now made sure that people's money was secure within banks, and banks were now required to make sure that they had enough money to pay out to needing customers.
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Presidents get time in office after someone else gets elected?! What damage can they cause? The 20th amendment added a period of time between a new president being elected and taking office. What chaos could the previous president do before leaving?
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Banks were shut down when the Emergency Banking Act took effect but soon reopened. Banks were given money, and banks were insured so that people couldn't lose their money in a single instance, just like how the start of the Great Depression had done.
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The AAA, or Agricultural Adjustment Act, was a reform in the New Deal that helped farmers stabilize their income. Crop prices were boosted, allowing farmers to gain more money. It brought quick relief to farmers and a strong foundation to start a strong economy again.
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The TVA, or Tennessee Valley Authority, used and built dams and reservoirs around the Tennessee Valley. The building of these dams and reservoirs allowed for more electricity and the control of flooding- even giving consistent irrigation to some farms.
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New jobs for the unemployed! Jobs for all! The PWA is doing great services for us, now many civilians in America who were previously unemployed by the Great Depression have an opportunity to get back onto their feet.
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Prohibition repealed! Civilians are in ecstasies! Now's the time to head to your local bar- and get drinkin'! It's legal once again, so take advantage before it might get taken away again.
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Big Business furious at the Wagner Act! Workers use their new powers! Workers, use your new powers and negotiate for a better life by making proper and legal unions.
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The Social Security Act takes effect, and everyone is given a unique number that represents them. In the cartoon, Uncle Sam asks for the name of a person, and the person responds with a number, presumably their social security number. Many people were skeptic of this new system, but today it's extremely helpful. -
In 1937, after lots of progress was made, the economy saw a slight recession, mostly due to increased taxes and government spending (as seen in the photo.) -
When the Fair Labor Standards Act was initiated, a lot of changes were made. Workers were now safer and insured in better ways, and their minimum wage was increased along with this. But, as seen in the photo, child labor was a big problem. The Fair Labor Standards Act addressed and helped that cruel situation too.
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