Q:Given the below context: Wilbur Foshay, an owner of several utility companies, built the Foshay Tower in 1929, just before the Wall Street Crash of 1929. The building was the tallest building in Minnesota at the time. It remained the tallest building in Minneapolis until 1973, when the IDS Tower surpassed it. The tower was a symbol of the wealth of the times, but when the stock market crashed, Foshay lost his fortune in the crash.The Great Depression had several effects on Minnesota, with layoffs on the Iron Range and a drought in the Great Plains from 1931 through 1936. While the Depression had several causes, one most relevant to Minnesota was that United States businesses in the 1920s had improved their efficiency through standardizing production methods and eliminating waste. Business owners were reaping the benefits of this increase in productivity, but they were not sharing it with their employees because of the weakness of organized labor, nor were they sharing it with the public in the form of lowered prices. Instead, the windfall went to stockholders. The eventual result was that consumers could no longer afford the goods that factories were producing.Floyd B. Olson of the Minnesota Farmer-Labor Party was elected as the governor in the 1930 election. In his first term, he signed a bonding bill that authorized $15 million ($220 million as of 2019) for highway construction, in an effort to provide work for the unemployed. He also signed an executive order that provided for a minimum wage of 45 cents per hour for up to 48 hours weekly. This effort predated the Fair Labor Standards Act of 1938 that established a nationwide minimum wage. By 1932, with the Depression worsening, the Farmer-Labor Party platform was proposing a state income tax, a graduated tax on nationwide chain stores (such as J.C. Penney and Sears, Roebuck and Company), low-interest farm loans, and a state unemployment insurance program. The progressive 1933 legislative session saw a comprehensive response to the depression including a moratorium on... Guess a valid title for it!
A:
History of Minnesota