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The most devastating market crash of the United States. Was the aftermath of Black Tuesday and caused the United States to go into the Great Depression.
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This tariff placed a tax on 20,000 goods. Its original purpose was to preserve American jobs by discouraging foreign imports.
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At the time of the collapse, the bank had $200 million dollars in deposit, making it the largest single bank failure in American history.
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After the stock market crash fo 1929, around 80% of the iundustry was no longer producing and by 1932 large numbers of Detroit's citizens were dying of starvation. The Ford Motor Company laid off 2/3 of its employees. The former, current Ford workers as well as unemployed members of the commiunitiy marched to the company in response. Encountering police on the way they still marched on. Ended with 4 dead marchers.
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FDR's inauguration speech was held at Capitol Plaza in Washington D.C. before 100,000 people. "The people of the US have not faild."
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A 3-day dust storm blows through about 350 million tons of soil off of the terrain of the West and Southwest and deposits it as far east as NY and Boston.
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Set up to address the needs of young men and women. Works on 2 lelvels: a student-work program and an out of school program.
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Defeating Kansas Governor Alfred M. Landon, FDR is elected to his second term as president, winning every state in the Union except Maine and Vermont.
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Striking Republic Steel workers and sympathizers attempted to establish a picket line at the front of the mill in Chicago. The marchers met a line of Chicago police officers that opemed fire on them. 10 marchers died from police bullets and numerous injured.
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This act, passed by FDR, authorized crop loans, crop insurance against natural disasters, and large subsidies to farmers who held back crop production.
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Germany instigates World War 2 by invading Poland and ends Great Depression for US.
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FDR ,who first took office in 1933 as America’s 32nd president, is nominated for an unprecedented third term.
