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Herbert Hoover became President. He believes a free-market economy would allow forces of capitalism. The economic activity from the twenties reached its highest point. The start of the great depression
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A drought hit 23 states. Which leaf it to be known as the Dust Bowl drought worst in 300 years.
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economy bottomed shrinking 27%. Dow bottomed at 41.22. 90% slide. 14 durst storms hit the Midwest. Economy shrank 12.9%.
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Franklin Delano Roosevelt launched a New Deal with an Emergency Banking Act. Closed all US banks. The government stopped repaying dollars with gold. 48 dust storms hit Oklahoma and surrounding states.
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Black Sunday was the worst dust storm ever. That year it recorded to be the hottest temperatures recorded. 29 constant days over 100 degrees. Droughts covered 75% by the end of the year.
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The economy grew 8.9%. Unemployment fell to 20.1%
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The hottest summer began in June. 8 States were witnessing above 110 degrees.The heat wave killed 1,693 people throughout the year.
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The Wagner-Steagall Act funded state-run public housing projects. Roosevelt made congress enact a $5 billion relief program. Economy grew 5.1%
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The economy was growing. The Great Depression was over.
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The drought returned. Hitler invaded Poland, stating world war ll.