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Black Thursday- Dow Jones industrial drops 11%.

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Black Monday- The Dow falls an additional 13%.

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Black Tuesday- Over 16 million shares sold as the Dow falls further 12%.

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The Smoot-Hawley Tariff Act was signed into law, raising tariffs. Other countries immediately retaliate by also raising tariffs.

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Food riots broke out in Minneapolis.

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Unemployment rate passes 20%, and Frankiln Delano Roosevelt defeats Herbert Hoover in landslide victory for presidential election.

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Unemployment rate hits worst level of depression at nearly 25%.

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FDR inaugurated and immediately begins implementing policies that were part of the "New Deal"

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FDR declares a bank holiday as over 9,000 banks closed.

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More initiatives are implemented, including the Social Security Act known as the "Second New Deal".

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FDR re-elected in even larger landslide.

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After a couple years of economic growth, the economy hits another recession.

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United States enters World War II

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The number of unemployed Americans falls under 1 million.