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Black Thursday
Market crash kicked off -
Smoot-Hawley tariff act
Hoover signed the tariff act which raised taxes -
United States bank failed
The economy shrank 8.5% and the unemployment rate rose to 8.7% -
Revenue Act
Hoover signed the Revenue Act. It increased the top income tax rate to 63% -
The New Deal
Franklin Delano Roosevelt created the New Deal. It closed all U.S. banks to stop devastating failures -
Dust storms
Forty-eight dust storms pummeled Oklahoma and surrounding states -
The Gold Reserve Act
It prohibited private ownership of gold and doubled its price -
The National Labor Relations Act/Wagner Act
Protected workers' rights and created the National Labor Relations Board -
Resettlement Administration
Trained and provided loans to farmers -
The end of the great depression
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Invasion of Poland
Hitler invaded Poland, starting World War II -
FDR
FDR convinced Congress to repeal the U.S. military arms embargo to France and Britain
