AC2 Story board

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  • Billy finds out from Bob that Herbert Hoover is now the president of the United States. He was excited. In 1928 Herbert Hoover defeated Alfred Smith in the presidential election by more than 6 million votes.
  • Hey Billy! Hoover got elected to be president!
  • Wow Bob! I feel like he's going to do this country some good!
  • During this time the stock market was soaring. More people were investing in stocks. 10% of American households owned stocks.
  • On October 24th, 1929 the stock market crashed. People put up their stocks so rapidly it put the market into a tail spin.
  • BIlly and Bob find out that all their money has been lost due to the bank closing. Banks lost money on their investments which made them close. If you did not withdraw your money before the banks closed, you would loose all your savings.
  • Im very sorry. our bank is closing and all savings have been lost.
  • WHERE IS OUR MONEY!?!?!
  • Billy I got laid off today. Now we have to live in Hoovervilles for the rest of our lives.
  • The Great Depression got worse. People were getting laid off and the Dust Bowl made it very difficult to grow crops. Homelessness and starvation was setting in.
  • All my crops got buried from the dust storm.
  • Herbert Hoover had multiple attempts at boosting the economy. His biggest move was the Hoover Moratorium which in the end failed. The real resolution to the Great Depression was World War II which brought new jobs to the United States.
  • Hey Billy, I just enrolled into the U.S. Military! Join me!
  • That's great Bob! I'll join too!
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