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  • The Stock Market Crash of 1929
  • President Hoover’s Response
  • The Depths of the Great Depression
  • Assessing the Hoover Years on the Eve of the New Deal
A photograph shows a row of urban shanties, with several of their inhabitants sitting outside.
In 1935, American photographer Berenice Abbott photographed these shanties, which the unemployed in Lower Manhattan built during the depths of the Great Depression. (credit: modification of work by Works Progress Administration)

On March 4, 1929, at his presidential inauguration, Herbert Hoover stated, “I have no fears for the future of our country. It is bright with hope.” Most Americans shared his optimism. They believed that the prosperity of the 1920s would continue, and that the country was moving closer to a land of abundance for all. Little could Hoover imagine that barely a year into his presidency, shantytowns known as “Hoovervilles” would emerge on the fringes of most major cities ( [link] ), newspapers covering the homeless would be called “Hoover blankets,” and pants pockets, turned inside-out to show their emptiness, would become “Hoover flags.”

The stock market crash of October 1929 set the Great Depression into motion, but other factors were at the root of the problem, propelled onward by a series of both human-made and natural catastrophes. Anticipating a short downturn and living under an ethos of free enterprise and individualism, Americans suffered mightily in the first years of the Depression. As conditions worsened and the government failed to act, they grew increasingly desperate for change. While Hoover could not be blamed for the Great Depression, his failure to address the nation’s hardships would remain his legacy.

Questions & Answers

if three forces F1.f2 .f3 act at a point on a Cartesian plane in the daigram .....so if the question says write down the x and y components ..... I really don't understand
Syamthanda Reply
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hey , can you please explain oxidation reaction and redox ?
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for grade 12 or grade 11?
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the value of V1 and V2
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advantages of electrons in a circuit
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we're do you find electromagnetism past papers
Ntombifuthi
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it is the force or component of the force that the surface exert on an object incontact with it and which acts perpendicular to the surface
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Monambi
a structure of a thermocouple used to measure inner temperature
Anna Reply
a fixed gas of a mass is held at standard pressure temperature of 15 degrees Celsius .Calculate the temperature of the gas in Celsius if the pressure is changed to 2×10 to the power 4
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a rate of change in velocity of an object whith respect to time
Khuthadzo
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Kidist
Acceleration is a rate of change in velocity.
Justice
t =r×f
Khuthadzo
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Precious Reply
hi
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Leago
use fnet method. how many obects are being calculated ?
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Hulisani
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Lungile Reply
you use Fnet equals ma , newtoms second law formula
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Source:  OpenStax, U.s. history. OpenStax CNX. Jan 12, 2015 Download for free at http://legacy.cnx.org/content/col11740/1.3
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