HOOVER
1- Elected president in 1928
2- From california
3- Shy loner
4- Millionare
5- Orphan
6- Managed like a CEO
7- Big business republican
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THE GREAT DEPRESSION
Most Americans remember that the depression started with the famous stock market crash of 1929. The market did crash, and stocks lost value, ruining many companies and individuals. However, other problems led to the stock market crash. America made money selling arms and other materials to European countries during the war. Europeans paid in gold, and that made lots of money. The ford factory in Charlotte made Model T's very efficiently, but eventually every NC citizen who could afford Model T's bought one. More than 300 NC banks closed during the Great Depression.
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