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Herbert Hoover is elected president
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The stock market crashes , this was the beginning of the Great Depression
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The dust bowl drought hits 23 states, and was one of the worst droughts in history
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A lot of major banks collapse and shut down , deposits are taken out
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The hoover dam begins construction, opening jobs for unemployed.
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Franklin Roosevelt is elected, beating Hoover in election.
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The unemployment rate averages at 25% for the year.
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This act ended prohibition and taxed alcohol to raise revenue.
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Prohibited private gold ownership and changed gold prices
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Provided income for the elderly, blind, disabled, and children of poor households.
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The hoover dam was dedicated to president Franklin Roosevelt