Today we are having a work day for our class project. In my group is Alex Kramer and Autumn Hansen.
Our Topic:
- What did the US government do to help alleviate the problems the Great Depression brought to the US? (Hoover presidency)
We are splitting out topic up so i am doing when herbet hoover was elected for president before the great depression and then alex and autumn are doing during the great depression.
Research:
- The stock market crashed on Thursday, October 24, 1929, less than eight months into Herbert Hoover’s presidency.
- Hoover thought that the crash was part of a passing recession.
- By July 1931, when the President wrote this letter to a friend, Governor Louis Emmerson of Illinois, it had become clear that excessive speculation and a worldwide economic slowdown had plunged America into the midst of a Great Depression.
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