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The great crash was a dramatic and sharp decline in U.S. stock prices over several days in late October. It marked the beginning of the great depression the longest downturn in modern history.
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Hoover's presidency was dominated by the Great Depression, and his policies and methods to combat it were seen as lackluster. Hoover, a Republican, took office after a landslide victory in the 1928
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U.S. law that significantly raised import duties to protect American farmers and manufactures during early great depression.
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Over 9,000 banks failed due to factors including bank runs, bad loans, and investor panic following the 1929 stock market crash. President Roosevelt national bank holiday and the establishment of the FDIC under the banking act.
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The Dust Bowl was an environmental and agricultural crisis, caused by severe drought and over-farming, which resulted in massive dust storms, crop failures, and the displacement of over 350,000 migrants seeking work in California and elsewhere.
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Hoovervilles were makeshift shantytowns of the Great Depression, built by and named after President Herbert Hoover, who was blamed for the economic crisis and the widespread homelessness it caused. These settlements of shacks made from scrap materials housed millions of unemployed and displaced families across the U.S.
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During the Great Depression, in Scottsboro, Alabama, when nine young African American teenagers were falsely accused of raping two white women on a train. Despite inadequate legal defense and overwhelmingly white juries that excluded Black people, the cases went to the Supreme Court, which overturned the convictions on the grounds of denied due process and right to counsel.
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It was a protest in Washington, D.C., in 1932, where thousands of World War I veterans and their families marched to demand the early payment of a bonus they were promised for their service.
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Federal holidays when most banks are closed and financial activities are suspended while online banking and ATMs usually remain accessible.
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President Franklin D. Roosevelt appointed a group of African American advisors known unofficially as the "Black Cabinet". This influential and organized group worked behind the scenes to help secure a more equitable share of New Deal benefits for Black communities and advocated for broader civil rights issues.
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He is the longest-serving U.S. president, and the only one to have served more than two terms. He led the United States out of the Great Depression with his New Deal programs, which provided relief and jobs through public works, regulated finance, and established social safety nets like Social Security.
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President Franklin D. Roosevelt delivered his first fireside chat, on the Emergency Banking Act, eight days after taking office.
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Created by the Banking Act of 1933 and signed into law by President Franklin D. Roosevelt. It was to restore public confidence in the banking system by providing the first national system of deposit insurance.
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It was a key piece of legislation passed during the Great Depression to reform federal Indian policy. The first legislation designed to preserve, not to destroy, Native American cultures and to give back some of what had been taken away during the settlement of the United States, including Indian lands.
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New Deal measures passed during the Great Depression to revitalize the housing market and relieve unemployment. The act established the Federal Housing Administration , which provided mortgage insurance to lenders, enabling lower down payments and longer loan terms that made homeownership more accessible.
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It created the social insurance program to provide income to retired workers, as well as benefits for survivors and people with disabilities