causes and effects
of the great depression , 1929-1933
wall street , causes of the crash , effects of the crash
-wealth and excess ( exposing the markets shaky foundation ), increase in value , economic fundamentals it followed a speculative boom (video)
hoovers policies
-the longest , deepest , and widespread depression of the 20th century
-devastating effects in countries rich and poor
-took place of the great depression that had ruined the promises of incumbent president and republican candidate herbet hoover to bring about a new era of prosperity .
Franklin D. Roosevelt new deal
-Franklin d. Roosevelt : a political realignment making the democratic party the majority , the republicans were split with conservatives opposing the entire new deal as an enemy of business and growth
-the first hundred days , american people were generally extremely dissatisfied with the crumbling economy , mass unemployment , declining wages , profits and especially hoovers policy such as the smoot-havley tariff act and the revenue act of 1932
the second new deal
- including old age poverty unemployment , widows without fatherless children 9 by signing this act roosevelt became the first to advocate federal assistance
-the programs were later ended by the supreme court or conservative coalition included wpa , nya , farm rescues , coal stabilization
-the 38th amendment presidential election , the most lopsided presidential election in history of the U.S