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great Depression

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great Depression
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  • Stock Market Crash
  • wait my stock decreased.. oh no. My money !
  • Herbert Hoover
  • Unemployment
  • People bought stocks stocks on margin and people lost their savings due to their stocks decreasing
  • Hooverville
  • Hoover was pro lassiez faire never intervene with businesses as he believed in a livid goverment
  • Rugged Individualism
  • the people of America are strong and independent enough to fix this themselves.. all we need is some time.
  • many teen boys illegally rode trains routing the entire country just to look for work.Some took more than 5 years just to get employed and were arrested and got in jail if caught
  • New Deal
  • Relief,Recovery, and Reform are our main programs
  • Many homeless built shanty and bad condition houses just to live in and they werent good enough
  • Hoover believed that he and his government did not need to interfere with the citizens and believed that they can also solve this problem on their own.
  • FDR came up with a new deal proposal to help provide relief to americans, recover the economy and reform any laws that led to the Great Depression.
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