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How did the Los Angeles Riots affect American society, economy and government?

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The Los Angeles riots erupted on 29 April 1992 after four white police officers were acquitted over the videotaped beating of black motorist Rodney King. Anger led to days of looting and burning, 54 deaths and $1bn (£610m) of damage to the city. A state of emergency was declared in South Central Los Angeles.