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Herbert Hoover is elected as president and later on gets blamed for the country's economic downfall.
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This is considered the start of the economic downfall.
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Increased import taxes and led to further economic strain on the economy.
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The Federal Reserve's federal funds rate bottoms out at 1.5%, leading to more distress.
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Franklin D. Roosevelt is elected as president and is a symbol of new beginning.
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The Civilian Conservation Corps is established as a public relief program.
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The worst dust bowl occurs in the United States.
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The Rural Electrification Act is formed in an attempt to help farmers generate electricity for their land.
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The hottest summer on record lasts June-August with temperatures of 110 or higher.
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This act established the U.S. minimum wage, overtime pay, and youth employment standards.
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The economy begins to finally recover in June.
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Hitler invaded Poland during September, starting the second world war.
