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Steel is a strong, a relatively light material and quite cheap. When used with concrete, it creates a material strong enough to build the tall skyscrapers of early 20th century New York and giant hydroelectric dams.

For the construction industry this meant cheaper building materials and construction costs and more ambitious projects, which meant more income. More importantly, a culture of national prestige from tall, modern buildings meant that building work would never dry up, even during the 1930s Depression.

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