Today, in class, we got on the computer and we talked about M-L-K-J Day. Civil rights activist that wanted equality for blacks and whites.
Herbert Hoover had an interesting life. Both of his parents died before he was ten. He went to STanford hen he didn't even graduate high school. However, he goes down as one of the worst presidents in the history of the US.
He asked companies to not lay people off or cut wages. His Republican philosophy was to 'do little' or liasssez-faire, which didn't work too well in the hardships. The Trickle down theory is when the government
gives more tax cuts to the rich and big businesses so they expand and add more employees so more people have jobs so they can have money to spend all the way down to the poor.
The Hoover Dam created jobs for people as well as prevented floods, provided electricity for the area along with irrigation. The Federal Loan Home Bank Act was designed to help people keep their homes and farms by lowering rates citizens had to pay.
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