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The Peak of the Roaring 20's
the 1920s were the years that the United States economy grew 42% and there were many new ways to invest and become a businessmen. but this was the true start to the Great Depression -
Black Thurdays
stock markets immediatly fell 11% -
Smoot-Hawley Tarrif Act
Hoover signed the Smoot-Hawley Tariff Act. It raised taxes on 900 imports. Other countries retaliated, setting off a trade war. -
Great Depression
A drought hit 23 states from the Mississippi River to the mid-Atlantic region. It was the first of what was later called the Dust Bowl drought -
The Fall of the United States Bank
this led the economy to fall to a totla of 8.5% -
Food Riots
Because of the depression and lack of food the people of mississippi went crazy, demanding food from the government and business. -
Economy fell a total of 27%
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Civil Works Administrattion
creating 4 million jobs -
Fair Labor Standards Act
creating minimum wage for workers -
The Depression Ended