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The Stock Market Crashes
After over speculation in stocks, expansion in some industries, and overproduction of agricultural goods, the stock market crashes. -
Unemployment Rate at a Low
The unemployment rate averages 16.3% for the year. -
New York Bank Collapses
The Bank of the United States in New York City fails and $200 million in deposits are lost. -
Roosevelt is Elected
Democrat Franklin Roosevelt beats Republican Herbert Hoover in a landslide victory. -
Hitler Becomes Chancellor
Hitler and the Nazi Party gain control of the German government. -
Townshend Plan is Incorporated
The proposed Townshend Plan, which proposed state-funded pensions for the elderly to boost consumption and employment is passed. -
Longshoremen Strike
A West Coast longshoremen's strike halts shipping and trade in California, Oregon, and Washington. -
National Union for Social Justice
Father Charles Coughlin, "The Radio Priest" establishes the National Union for Social Justice -
Germany Bounces Back
After an almost total economic collapse, Hitler delivers on his promises and brings jobs to Germany. -
Roosevelt Reelected
Franklin Roosevelt wins second term over a landslide victory over Republican Alf Landon. -
Agricultural Adjustment Act
Helped farmers by reducing the production of staple crops and encouraging more diversified farming.