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U.S. Stock Prices Fall
The fall of stock prices is the marking the begining of the great depression. -
Period: to
The Great Depression
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First Bank Panic
The first bank panic starts causeing bankruptcies -
Smoot-Hawley Tariff
Congress passes the Smoot-Hawley Tariff -
Reconstruction Finance Corperation
he Corperation aimed to loan money to banks and rail roads to keep them from going bankrupt -
100,000 Total banks have failed
100,000 banks have failed since 1929, crippling the economy. -
Roosevelt elected
Democrat Franklin D. Roosevelt defeats incumbent Republican President Herbert Hoover in a landslide to win the presidency. -
Hitler becomes dictator
Hitler rises to power -
Unemployment Hits 25 Percent
unemployment goes to 25 % -
Upton Sinclair Publishes Treatise
Upton Sinclair publishes Treatise becomes very popular -
Roosevelt Reelected
Franklin D. Roosevelt is elected to a second term as president, winning in a landslide over Republican Alf Landon. Roosevelt wins every state but Maine and Vermont. -
Agricultural adjustment act
The agricultural adjustment act established a minimum wage and maximum work week -
World War II starts
WW2 starts