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New President
Herbert Hoover is elected as president and later on gets blamed for the country's economic downfall. -
Stock Market Prices Drop
This is considered the start of the economic downfall. -
Smoot–Hawley Tariff Act
Increased import taxes and led to further economic strain on the economy. -
Federal Reserve
The Federal Reserve's federal funds rate bottoms out at 1.5%, leading to more distress. -
New President
Franklin D. Roosevelt is elected as president and is a symbol of new beginning. -
Civilian Conservation Corps
The Civilian Conservation Corps is established as a public relief program. -
Black Sunday
The worst dust bowl occurs in the United States. -
Helping Farmers
The Rural Electrification Act is formed in an attempt to help farmers generate electricity for their land. -
Start of Gruesome Summer
The hottest summer on record lasts June-August with temperatures of 110 or higher. -
Fair Labor Standards Act
This act established the U.S. minimum wage, overtime pay, and youth employment standards. -
Possible End of Great Depression
The economy begins to finally recover in June. -
WW2
Hitler invaded Poland during September, starting the second world war.