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1933
A bank holiday is announced by Roosevelt, financial institutions are closed so that a run on banks are stopped. -
1933
Roosevelt attempts to distribute once again wealth form the rich to the poor. Later on he rejects Keynes' advice to begin heavy spending. -
1934
This year is one of the best years because the economy redeems itself by inflating the National Gross to 7.7 percent, and the unemployment rate decreases to a 21.7 percent. -
1934
Sweden officially has become the first nation to overcome and fully recover from the great depression, by following a policy of Keynesian deficit spending. -
1935
The economy continues to redeem itself, making the national Gross income rise to another 8.1%, and unemployment deflate to 20.1%. -
1936
The tax rate elevated to 79. -
1938
The national gross income deflated to 4.5 percent and unemployment increases to 19%. -
1939
World War II begins by Hitler's invasion of Poland.