4min chapter

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The Great Depression - Brother, Can You Spare a Dime | 2

American History Tellers

CHAPTER

The Devastating Effects of the Stock Market Crash and President Hoover's Response

This chapter explores the economic decline and Great Depression caused by the stock market crash in 1929, highlighting factory closures, bank failures, job and savings losses, the creation of shanty towns, and President Hoover's refusal to provide financial relief.

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