Great Depression Dbq

Franklin D. Roosevelt’s plan helped make the economy get stable through programs that he started, helping create more jobs for the unemployed. He passed bills that helped both the American people and its environment. For example, new roads and bridges were built. Another one of FDR’S efforts to get out of the depression was to enter WWII. Document 6 shows a cartoon of how much was produced for the war and shows Uncle Sam working, too. Overall, FDR’s decision to enter the war was the greatest impact on the Great Depression because they got out of it. Herbert Hoover was a terrible leader in many Americans’ views because they believed he did not do enough for the people and was more supportive toward big businesses. He gave money to the rich so that they would pass it down to the poor but instead the rich got richer and the poor got poorer. Another downfall of Hoover was Hoovervilles. These were a collection of poor people without homes. The name was given as a disgrace to Hoover. In result, FDR was a more favored president during the Great Depression than Hoover.

President Herbert Hoover was the president in office during the Great Depression. Herbert Hoover did not recognize the stock market crash as severe as it was. During the tragedy President Herbert Hoover made many unsuccessful attempts to fix the economy. President Hoover’s response to the Great Depression was insufficient in the ways that he took little to no government action. President Hoover loaned money to corporations and state businesses, at the same he advised corporations to not cut wages or lower the production rate, considering that it was highly necessary. Franklin Delano Roosevelt had a plan set that would throw Hoover out of office and to fix the economy, which Hoover had limited

Herbert Hoover, the president in office when the Great Depression hit the country, did very little to ameliorate the devastating situation. Hoover underestimated the seriousness of the crisis, misdiagnosed the causes of the problems, and clung to his beliefs in individual achievement and self-help. His corrective measures, aimed at inflation and the federal budget, were thus damaging themselves. Furthermore, he hesitated to mobilize government resources to aid Americans and instead appealed to private groups to lend a hand (Encarta). Thus Hoover’s administration did little to mitigate the impact of the Depression.

Towards the end of the 1920’s the economy in America took a drastic turn. This was when Calvin Coolidge’s presidency had ended and changes in the government began to take place. “Just seven months after Herbert Hoover entered the White House, economic trouble mocked his campaign statement about being near ‘the final triumph over poverty.’ On October 24, 1929 panic swept the New York Stock Exchange as nearly 13 million shares changed hands” (Hamilton). The start to Hoover’s presidency was also the start of the Great Depression. His term consisted heavily on working on taking steps to bring America out of the drastic economic fall that they had just entered. He began taking action by launching public works programs, tax reductions, and the formation

In the year of 1929 the stock market crashed and hurt many of the people in America as it continued through the rest of the 1930s and into the early 1940s. This left America in a whirlpool of poverty and despair. When the stock market crashed it led to The Great Depression. It led to being where one out of every four workers became unemployed no matter if they were skilled or not. People became homeless and were struggling to survive. They had to make new homes out of cardboard or whatever they could find, these were called “hoovervilles.” Most people didn’t have enough money to buy food to feed themselves or even their families. President Herbert Hoover did not seem to be going out of his way to help the country in any way. He was against most forms of government relief and he believed that the depression would come to an end on its own. Americans were very tired and frustrated with Hoover’s ways and so they elected a new president. They elected Franklin D. Roosevelt who

The thousands of people trying to get their money back at the same time caused the banks to malfunction resulting in the closing of many banks. The result of closing banks causing a chain of reactions from people losing their money to factories overproducing. In addition, it also cause an huge increase in unemployment percentage shown in the bar graph in document 1, a primary source, Historical Statistics of the United States. As the years progressed after 1929, the percent of unemployment increased from 3 to high as 24 percent. The problems got worse as more problems began to built such as the election of the Herbert Hoover. Herbert Hoover did very little to help Americans because he thought they would get better just like his childhood. Another problem during the Great Depression is personally explained in document 3, a secondary source, an excerpt about Vera’s life during the Great Depression. Vera faced the problems of the typical American during the Great Depression, which were getting kicked out of her apartment to the inability to afford food. This excerpt describes the life of the average American during the Great Depression. Many

In 1929, the United States Stock Market crashed, heralding the tumble into world-wide depression. President Hoover tried to pacify the people by telling them it was temporary and would pass over. But a new figure rose out of the people, promising he would do anything and everything he could to restore their lives. In 1932, Franklin D. Roosevelt was elected to the presidency, and his new policies would soon sweep over the country. Roosevelt's responses to the problems of the Great Depression were successful in strengthening the power of the federal government and instilling hope in the public, yet were unsuccessful in that they did not help him achieve his intended goal: the restoration of the economy. His responses were, however,

The Great Depression was a difficult time for all the American people. It was a time of unemployment, falling wages, and hope for recovery (“Chapter 27”). Some of the causes of the Great Depression were government policies, economic factors, and the gold standard (“Chapter 27”). Other reasons included the fall of the stock market, overseas investments, and the investments in Florida real estate (Farless). The president at the time of this difficult time was President Herbert Hoover. When the Great Depression started, Herbert Hoover took matters into his own hands. President Herbert Hoover came up with multiple recovery attempts.

Compare and contrast Hoover and Roosevelt’s actions in the aftermath of the Crash of 1929. How did both administrations attempt to deal with the economic stagnation, social hardship and psychological impact of the depression? What needed to be fixed and which approach proved more successful? In your essay you should address not only the underlying economic and social problems that both administrations had to deal with and the various corrective measures they adopted, but also the underlying philosophical approaches of Hoover and Roosevelt and their supporters.

This lack of complete dedication to private interest or public purpose is further displayed in Documents B and C where Hoover stresses the importance of the individual in ending the Depression while also assuring government support for job production if the situation required it. Hoover's speeches are remarkably similar to Roosevelt's speech in Document E. Here, even during the Depression, Roosevelt stressed the importance of balancing the budget unless unemployment required the government to spend money stimulating the economy. Instead of Hoover's desire to continue restricting government, Roosevelt wanted to balance the budget. The Depression created the need for government intervention and an unbalanced budget as shown in Document F. However, despite a few efforts by Hoover to create jobs, he still seemed much different than Roosevelt who insisted in 1936 that America must not go back to supporting Conservatives who protected private interest unjustly. (Document G)

The country was going through an ongoing rough depression that the previous President Hoover left in the road for his processor, President Roosevelt. Although not only President Hoover decisions and approval of laws added to the great depression, but the

Hoover attempted many plans to end the Great Depression. Hoover rested on his belief of “volunteerism” which was a key concept of progressivism. Hoover believed private organized charities were sufficient to meet social welfare needs and was the “American Way”. Progressivism was when you displayed the wrong actions businesses were taking to the public in hopes that the public would make businesses reform their ways. This was a keen reason to why Hoover failed to solve the problems of the Great Depression. The first solution to the Great Depression attempted by Hoover came after the great crash. Hoover received a petition from the president of General Electric, Gerard Swoop, in 1929. It called for series of voluntary wage and price freezes of leading industries in the U.S. in exchange for freezing wages and prices. They asked in return for the government to cover the cost of welfare capitalism; which was an attempt to break the union, by providing benefits to make companies obsolete. They would pay workers 80% when laid off, but when the stock market crashed, they would only give them 20% salary. This was due partially to welfare capitalism. They

The Great Depression was a time of great economic tragedy during the 1930’s. October 24, 1929 was the day of the stock market crash, causing economical shortage everywhere, even globally, and this scared everyone, including the rich. This day was/ is known as “Black Thursday”, where over 2.9 million shares were traded. On “Black Tuesday”, five days later, more than 16 million more shares were traded in another wave of panic. Many investors then lost confidence in their banks and demanded deposits in cash which forced the banks to liquidate loans in order to supplement their on hand cash reserves. By 1933, around 15 million Americans were unemployed and nearly half of the country’s banks had failed. This stopped Americans from purchasing which then led to less production of goods and decreased the amount of needed human labor. In the end, millions of shares ended up worthless, and those investors who had bought stocks with borrowed money were wiped out completely.

During Herbert Hoover’s administration any mistakes were made after the Stock Market crash. After the crash during the depression Hoover took action but made a few mistakes along the way. Many of Hoover’s acts were passed by congress and signed by Hoover himself. His worst offense was the Smoot-Hawley Tariff, which raised tariffs. The raising of tariffs was the worst possible thing that could have occurred. Hoover tried his best to reassure the country that the economy would become improved, although it actually worsened. To improve things after the crash Hoover prepared all Federal Departments to speed up public works. He did this with hopes to generate supplementary jobs and bring back the economy. As well, Hoover asked congress if they would reduce spending, and use what was no longer required to restart public works. Unfortunately for Hoover a collapse in Europe and a change in foreign trade caused prices for United States manufactured goods and farm equipment. After this occurrence President Hoover asked congress once again for more money, his time he wanted the money for farm loans and to establish the Reconstruction Finance Corporation, which would be used to help buildings in need as well as banks and railroads. With all of Hoovers efforts by July 1932 the Depression began

With the public work programs, Hoover provided unemployed Americans with many different jobs in order to create some sort of income. The most famous of these programs was the Boulder Dam, which will be talked about later. Throughout the entire depression, Hoover stood on his belief of a hands-off government until late in his presidency. Under pressure from Americans and his fellow politicians, President Hoover eventually gave in and signed an act granting money and/or food to areas in dire need. That was the extent of his direct relief.