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Hoover Dam gets Congressional approval as part of a 700M public works program
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Alfred E. Smith vs. Herbert hoover. Many Americas believed Hoover when he said "We in Americans are nearer to the final triumph over poverty then before." Hoover won the election
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The stock market peaked then fell. The confidence of the stock market started to drop
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The stock market crashed and panicked investors unloaded their shares
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Black Tuesday which was five days after the stockmarket crash, banks flodded with people trying to get their money out of the accounts infear of loosing it all
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Democrats took advantage of anti-Hoovers sentiment to win more seats in Congress. Republicans thus lost control of the majority of the senate dwindled down to one vote
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The nations gross national products total output of goods and services was cut nearly in half from 107 billion and 59 billion and 90,000 buisnesses went bankrupt
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Bonus Arm was WWI veternas who took their families to the Nation's capital to support the Paton Bill. Bill was to pay soilder an average of 500
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2,600 schools across the nation shutdown
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11,000 of the nations banks failed