Great Depression

===Puerto Rico===
In the years immediately preceding the depression, negative developments in the island and world economies perpetuated an unsustainable cycle of subsistence for many Puerto Rican workers. The 1920s brought a dramatic drop in Puerto Rico's two primary exports, raw sugar and coffee, due to a devastating hurricane in 1928 and the plummeting demand from global markets in the latter half of the decade. 1930 unemployment on the island was roughly 36% and by 1933 Puerto Rico's per capita income dropped 30% (by comparison, unemployment in the United States in 1930 was approximately 8% reaching a height of 25% in 1933).<ref>{{Cite book|title=A New Deal for the Tropics|last=Rodriguez|first=Manuel|publisher=Markus Wiener|year=2011|location=Princeton|page=23}}</ref><ref>{{Cite web|url=https://herb.ashp.cuny.edu/items/show/1510|title=Graph of U.S. Unemployment Rate: 1930–1945|website=American Social History Project|access-date=April 19, 2017|archive-date=January 23, 2021|archive-url=https://web.archive.org/web/20210123225658/https://herb.ashp.cuny.edu/items/show/1510|url-status=live}}</ref> To provide relief and economic reform, the United States government and Puerto Rican politicians such as [[Carlos E. Chardón|Carlos Chardon]] and [[Luis Muñoz Marín]] created and administered first the Puerto Rico Emergency Relief Administration (PRERA) 1933 and then in 1935, the [[Puerto Rico Reconstruction Administration]] (PRRA).<ref>{{Cite book|title=Economic History of Puerto Rico|last=Dietz|first=James|publisher=Princeton University Press|year=1986|isbn=0-691-02248-8|location=Princeton|pages=154–55|url=https://books.google.com/books?id=MeI9DwAAQBAJ|access-date=February 4, 2018|archive-date=August 18, 2021|archive-url=https://web.archive.org/web/20210818032634/https://books.google.com/books?id=MeI9DwAAQBAJ|url-status=live}}</ref>
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