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Farmers share of the national income drops to only 9 percent.
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As the economy deteriorates, construction across the country comes to a halt.
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The most devastating stock market crash in the history of the United States, the market lost $30 billion in two days.
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The first bank ensues causing bankruptcy.
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Was a law that implemented protectionist trade policies in the United States.
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Provided financial support to state and local governments and made loans to banks, railroads, mortgage associations, and other businesses.
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100,000 banks have failed since 1929 crippling the economy.
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Thanks to Germany's economic desperation Hitler was able to push his way to the top and gain peoples love by turning the economy around.
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was a series of programs, public work projects, financial reforms, and regulations for relief, reform, and recovery from the Great Depression.
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Unemployment sky rockets to an unbelievable 25 percent average for the year.
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He turned around Americas unemployment rate , when he became president the employment rate was 25%, and he made it fall to 14.3% by 1937.
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When WWII hit it pulled the vast majority of the world out of the Great Depression through all of the government spending on the war.