Herbert Hoover & Franklin Roosevelt. By, Janelly Perez. The Great Depression. Causes 1920 USA had a very large economy meaning that they had a lot of money American People discovered the stock market, and “dove in head first” 1929 Companies began expanding to the “ bubble point”
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(The Great Depression , 2013)
(Beschloss & Sidey, 2013)
Civilian Conservation Corps (gave jobs to men who were 18-25)
Tennessee Valley Authority (Provided electricity in rural areas and flood control)
Agricultural Adjustment Act (Reduced agricultural surplus & raised prices for struggling farmers)
Federal Emergency Relied Administration (Gave money to the state and locals to help unemployed
Public Works Administration& Civil Works Administration(provided works for unemployed to help the city)
Securities and Exchange Commission (Regulated the stock market to avoid dishonest practices)
The Emergency Bank Relief Act (loaned money to the banks)
Reconstruction Financer Corporation (aids businesses' and farmers that faced economical problems)
National Credit Corporation (gave money to troubled bank to continue lending money to the people)
Reconstruction Finance Program (make loans to banks, railroads, and agricultural institutes)
Overall, President Hoover failed to bring back the economy. He did manage to expand the role of the Federal Government making history in the United States. However, aside from this, people noticed more of the bad than good, giving President Hoover a bad reputation even until now.