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Herbert Hoover won the 1928 election.
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The Stock Market loses 6 times more money in three weeks than the government spends annually.
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In the last 60 days, over 600 banks closed nationwide. Within the next 3 years, 28 states were without any sort of bank.
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The Hoover Dam was started, providing work for over 5,000 unemployed men. It was the biggest and most ambitious Dam ever.
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By now, more than 12 million people in the United States alone are unemployed, 3 times more than 2 years prior.
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By 1933, American unemployment rate rose to 25%
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In 1933, Adolf Hitler started the Nazi party and rose to power being well known throughout the world
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African American, Joe Louis would face off against the German Champ, Max Schmeling for the Heavyweight Title. 57 Million Americans listened to the fight on radio. Lewis ended up losing to Schmeling after a Knockout.
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The Hoover Dam was finished 2 years early. Scheduled to take 6 years, the team had finished in 1936, succeeding on being on time AND providing energy to L.A. at the time
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In 1936, the Dust Bowl caused farmers to lose over $25 Million per day.
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The rematch between Louis and Schmeling took place at Yankee Stadium. It was more than a fight, it was the competition between the Germans and Americans. Louis won the fight after only 124 seconds making it the 2nd fastest win ever.
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World War II starts on the first of September.
