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Buy now, pay later menatlity
people used credit to buy things such as stock -
Herbert Hoover was elected President
he ran for a second term but lost to FDR -
Black Tuesday
The Federal Reserve raised interest rates to slow the out of control stock market -
People tried to withdraw alltheir money out of the bank
The banks had invested all their customer's money in the stock market and since that crashed the banks couldn't give their customers the money -
A nation in Crisis
people lined up to get food because many bussiness went belly up and let all employees go -
Drifting along
People started to away because they thought anywhere would be better than where they were -
Budget cuts
Even those who were able to keep a job, they received pay cuts and a loss of hours -
Farmers were hit hard
they were never rich but after teh depresion hit allof their crops and livestock prices fell effecting them even more -
of mice and men was written
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Gone with the wind won the Pulitzer prize
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Bringing up baby was published
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Cone with the wind became a movie
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War of the world played over the radio
People thought it was real
