Herbert Hoover Dbq

In 1929, there was a loss of over $25 billion, and a significant number of people were in debt. Due to a lack of money, payments for necessities or basic needs like food, mortgage installments, and other purchases were impossible to afford. Furthermore, widespread unemployment resulted in bank closures due to people taking all their money out of there. All of this contributed to the stock market crash, which caused the Great Depression. It lasted a decade, during which many people struggled to make purchases that would ensure their survival. Numerous individuals lost their jobs, homes, and, most significantly, their life savings, forcing them to live in Hoovervilles, or poor-built shanty towns named after Herbert Hoover since many believed

He was blamed for failing to take care of the crisis because he believed that people should help themselves rather than rely on the government. People would also become lazy and inactive, according to Hoover. As a result, the Americans lost faith in him because most of his concepts were focused on self-reliance or self-help. They wanted a president who would take responsibility and not leave the people in despair. Franklin D. Roosevelt then took action and gave them hope by broadcasting his proposals for how to help them over radios that millions of people bought and listened to. Roosevelt's fireside chats drew a lot of attention, and he earned their trust. A huge majority of people supported Roosevelt when he ran for president of the United States in 1932 and he won the election because of his New Deal policies, public works projects, financial reforms, and regulations. The New Deal was effective because it reduced unemployment, provided jobs for the youth, and reformed

According to document A, “We are giving employment to one quarter of a million of the unemployed, especially the young men, to go into forestry and flood prevention work…” One-fourth of a million individuals were able to find work in forestry and flood control because they were unemployed, demonstrating the effectiveness of the New Deal. This was a good thing since it allowed those who did the labor to earn money and assisted people because their surroundings would be safer considering the fact that erosion would be prevented. President Roosevelt assigned such tasks to young men because they needed to sustain their households and families. People aged 65 and up were given the option of quitting their occupations and receiving pensions. This was also known as a program called the Social Security Administration (SSA) which provided insurance for the elderly and unemployed. According to document C, “Are your debts less burdensome” Yes, Yes thanks to your H.O.L.C (Home Owners’ Loan Corporation)”. “Is your bank account more secure?” Absolutely!” This explains why so many individuals were debt-free and had safe financial investments throughout the New Deal, which is why it had such a tremendous impact. Franklin D. Roosevelt's status in the public grew due to the New Deal. The New Deal included numerous programs for the unemployed that made it