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1928 Election
Herbert Hoover wins the election in 1928 -
US Stock Prices Falls
US Stocks prices fall. Due to the large unemployment, the stocks were largely in great excess. -
Period: to
The Great Depression
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Wall Str. Market crashes - Black Teusday
The stock market crashes due to the cause of panic. -
Smoot-Hawley Tariff
Increased tariffs on foreign goods by 20% -
The Collapse of Banks
Banks have collapsed in the US. 100,000 banks have failed -
Bonus army
US veterans and protestors march and gathered in Washington DC. Over 43,000 demand early cash redemption to their dervices -
Unemployment reaches 25%
Due to the cause of the stock market crash unemployment reaches 25% in US -
The First New Deal
Federal Emergency Relief Administration provided direct assistance to the states, to pass it on to those out of work -
Roosevelt elected
Rosevelt is elected as president in 1933 -
The End of Prohibition
Three states voted to repeal Prohibition, putting the ratification of the 21st Amendment into place -
Black Sunday
A severe dust storm ravaged the midwestern part of the US. -
Rosevelt is re-elected
Rosevelt is elected for another term -
The End of the Great Depression
WW2 starts and the end of The Great Depression
