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The Great Depression
The American stock market collapses. The Great Depression begins. Unemployment averages at 3.2% for the year. https://www.buzzfeed.com/davidbertozzi/the-great-depression -
Unemployment
Unemployment goes up to 8.9% for the year. -
Major Bank Collapse
$200 million in deposits disappear. New York's Bank of the United States collapses in the largest bank failure in American history.