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How Did Herbert Hoover Do During The Great Depression

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Herbert Hoover was the president when the Great Depression Dramatically hit in 1929,many people's jobs started to lower while hundreds of other employees were fired. Some business owners could not afford to pay their employees, and manage to keep the business running. People got fired, banks were going bankrupt. The banks were going bankrupt due to people started taking out their money since they were in dreadful need or the public thought the banks were trustless . When The Great Depression hit hundreds of people lost their jobs leaving them without rent to pay. This lead the people to sleep on the streets with all their belongings.However not only did the people lose jobs and homes, some people could not afford to buy food leaving them in starvation. …show more content…

In March 1930, millions of people were unemployed. When Black Thursday dramatically hit lots of people's lives were forced to change and the stock prices dropped low. Stocks started to sell at a low price than regular, people who had invested lots of money in stocks lost a fortune.
A lot of people lost homes and have been finding different ways to live, In large cities homeless people congregate in abandoned lots and constructed makeshift “homes” these communities were called “Hoovervilles” (Hastings) they were called Hoovervilles because the people blamed the president Herbert Hoover for The Great Depression (Hayes). People suffered due to the fact that homes were being taken from them and sold, some houses that people owned were sold for $25 people would help themselves since the government was not willing to help

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Herbert Hoover was our 31st president of the United States of America. He became president right at the start of the great depression. Herbert Hoover had to figure out how to get america back onto its feet again. Herbert Hoover changed how he was going to fight the war against The Great Depression. He called for more Federal Assistance stating that's what they did to win the war and it was what they will do to win the war against the Depression.

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Hoover-Chief Administrator Herbert Hoover became president in 1929, shortly followed by The Great Depression. In the beginning Herbert Hoover did not realize the severity of the economical downfall. While this was not completely Hoovers fault, he took much of the blame for it. As years went on, he created the Reconstruction Finance Corporation in 1932.

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Herbert Hoover became the U.S president in the 1928 election and in 1929 stocks began to drop. Before he became president he was known for his organizational skill in the 1927 flood relief. Also Hoover made the committees to solve the problems but did not like to run them; he expected someone else to run it. In addition when it came to government spending Hoover was for engineering project but not humanitarian assistants. Hoover believed in limited government and it was that believe that make the depression worse.

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The day the stock market crashed October 24, 1929 also known as black Tuesday. The market value dropped thirty billion dollars. Lots of people were unemployed and lost their homes. 1929-1932 worldwide the GDP fell by estimated fifteen percent. GDP is the gross domestic product.

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During the time of the Great Depression, economic and social conditions were dropping drastically. The election of 1932 between Herbert Hoover and Franklin Roosevelt was an easy pick for a vast majority of the American population. Hoover was being seen as a “see-nothing, do-nothing president.” Meanwhile, Roosevelt is assailing Hoover on his campaign trail.

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The Great Depression was a time during 1929 to 1939, It was the longest lasting economic disaster. The two presidents in term during this crisis, Franklin D. Roosevelt and Herbert Hoover, approached this problem in different ways. Hoover’s idea on this was to have private citizens help each others, while Roosevelt believed the government should take care of its people with social programs. Looking at these ideas in more depth we can infer ways our country should go. Herbert Hoover served as president during 1929 to 1933.

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Herbert Hoover was the 31st president of the United States (1929–1933), He was well known by the stock market crash of 1929 and the beginnings of the Great Depression. Hoover was a republican. He ran his campaign Promising to bring continued peace and prosperity to the nation. He made history at his time when he became president he crushed Democratic candidate Alfred E. Smith (1873-1944), the governor of New York, by 444-87 electoral votes. All eyes were on him when he stepped up to the job.

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Imagine living in a refugee camp. Every day you work really hard trying to get a job, and provide for your family, but to no avail. Every night you are extremely tired, but have a hard time sleeping because it is freezing cold. You wake up again, and go through this cycle of trying to get a job, house, and sleep. Hoovervilles are very similar to refugee camps.

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During the Great Depression, my family and I went through difficult times for about ten years. I was unemployed and couldn’t pay for our home. In result, we became homeless and we don’t know where to go. Though some families allowed us to move in together under one roof, sometimes allowing strangers in homes can bring some difficulty and stress so I declined. So, because of this we are forced to live in squatter settlements called Hoovervilles (shacks that housed millions of unemployed).

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As the Depression progressed, Hoovervilles became more and more prevalent, popping up from New York City to Denver. “Shantytowns appeared across the U.S. as unemployed people were evicted from their homes” (History.com).

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The Great Depression was undoubtedly the worst economical time period in United States history. On October 29, 1929, prices of stock in the New York Stock Exchange fell drastically, and following the declinations, the stock market officially crashed. This day was known as “Black Tuesday,” and its effects would last for a decade. To say that a person was not affected by the Depression would be a complete lie, as every single citizen within the country was affected by this omnipotent crash. From wealthy families in New York City, to minorities in the South, the stock market crash brought pain and suffering to everyone.

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In 1933, Franklin D. Roosevelt became the president of the United State after President Herbert Hoover. The Great Depression was also at its height because President Hoover believed that the crash was just the temporary recession that people must pass through, and he refused to drag the federal government in stabilizing prices, controlling business and fixing the currency. Many experts, including Hoover, thought that there was no need for federal government intervention. ("Herbert Hoover on) As a result, when the time came for Roosevelt’s Presidency, the public had already been suffering for a long time.

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As the Great Depression chewed up and spit out the American people, they turned to the federal government for help when all hope was lost; however, President Herbert Hoover was a strong believer in the old-time individualism of “pulling yourself up by your bootstraps,” and that pride came from picking yourself up and dusting yourself off, but the suffering, impoverished Americans that were unemployed and stripped of their possessions and hard earned money had no one else to turn to and Hoover was only willing to help the big businesses. Hoovervilles, full of shacks built from garbage, Hoover flags, otherwise known as empty American pockets, Hoover blankets or newspapers used to shield Americans from the cold, and Hoover leather, the sad, reused cardboard replacement for worn out old shoe soles, became national symbols by 1932 when President Hoover was

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This caused many people to lose their jobs and many businesses to lose their money. According to Tindall & Shi (2012) “from 1929 to 1933, U.S economic output dropped almost 27 percent. The unemployment rate by 1932 was 23 percent” (1082). This shows how much of an impact the stock market had on people. It caused many people to lose their jobs and people were losing money also, this caused many suffering among people.

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There began to be a gradual decline in prices and the stock market ruptured. On October 24, 1929, the infamous “Black Thursday” took place, where stock holders went on a panic selling spree. Things then went from bad to worse, stock prices went down 33 percent. People stopped purchasing goods and business investments decreased after the crash. In the fall of 1930, the first of four major waves

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