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  • Staying Above Water
  • Did you hear who go elected today.
  • Yeah Hoover won over Smith we are going to stay above water.
  • Stock Market Rise
  • Stock Market Crash
  • People who voted for Hoover expected to every thing to improve even the stock market .
  • Banks Failing
  • Sorry sir, we are out of business.
  • After Hoover got elected the stock market rose and many people made money on their stocks.
  • Overproduction
  • Go Home son there is no need for you here now we have enough.
  • However, stock prices started to fall rapidly. Afraid of loosing money the stock buyers sold all of their stock which cause a crash in the stock market.
  • Hoover Responce
  • Hoover promised thing will get better but they never will
  • During and after the crash banks were failing. The banks started losing the money that they invested in the bank. Many banks started closing which caused many people to lose the money had put in the bank because the banks were not insured by the government.
  • But sir, I need to feed my children!
  • Due to the lack of money during the depression there was product that were not being bought so people lost jobs due to overproduction.
  • But how am I supposed to survive and feed my children .
  • On Friday, October 25, 1929, Hoover said, "the fundamental business of the country... is on a sound and prosperous basis." However, the economy still kept falling.
  • I didn't get better if anything it got worse
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