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Republican, Warren G. Harding was elected President along with Calvin Coolidge as Vice President. Harding is elected president by promising a "return to normacly" and "isolationism".
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Bootleggers are Criminals who sell illegal alcohol. Speakeasies are illegal bars where a person could find alcohol.
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Herbert Hoover became president, he was opposed to government interference in business.
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War time demand and production had allowed farmers to enjoy some prosperity. In trying to meet the needs of WW1, farmers stripped the land in the Midwest and left it damaged by poor farming techniques.
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On October 29 was known as Black Tuesday, the stock market crashed. Prices dropped drastically and anybody who had brought stock lost everything.
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Stock Market Crash,people rushed to withdraw their money banks, and war debt
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It Increased poverty and homelessness. 1/4 of the nation found themselves employed.
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Homemade villages popped through the nation where the homeless found themselves. Soup kitchens and breadlines provided food for the poor.
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15,000 WW1 veterans marched on Washington DC and demanded early payment of bonuses offered to veterans. Congress refused to give in and Hoover decided to use force when the veterans decided to leave.
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Roosevelt could believe the country needed the government to provide direct relief. He began to pass a series of legislation and government programs called it The New Deal.
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Provided employment for unmarried men between the ages of 17 and 23. They employed nearly 500,000 young men.
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Insured the bank deposits up to $250,000 in case of bank failure. The purpose was to prevent people from withdrawing their money out of panic.
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It provides retirement income for all workers once they reach the age of 67
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Raised minimum wage to 40 cents per hour, and ended child labor law under the age of 16.
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Provided jobs for unskilled workers in constructing many governments buildings.