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president Hoover was elected
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started the black market crash of 1929
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The stock market lost 12% and a record 16 million shares
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Hoover created Department of Veterans Affairs.
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The Bank of the United States failed.
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Hoover signed the Revenue Act of 1932.
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The Resettlement Administration trained and provided loans to farmers.
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Throughout the year, the heat wave directly killed 1,693 people. Another 3,500 people drowned while trying to cool off.
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The economy started to grow again. The Great Depression was over.
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Hitler invaded Poland, starting World War II.
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FDR convinced Congress to repeal the U.S. military arms embargo to France and Britain.
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The economy grew 8%, unemployment fell to 17.2%t, and prices remained flat. The debt rose to $40 billion.