Solutions To The Great Depression

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The Great Depression began on October 29, 1929 , a day known as “Black Tuesday”when the American stock market–which had been rising steadily upward for almost a decade–crashed, dropping the country into its most severe economic downturn.The nation’s money supply reduced;companies went bankrupt;people were losing their jobs .The whole country was suffering.” Meanwhile, President Herbert Hoover was patient about the whole situation: He thought that it wasn’t the federal government’s job to try and resolve the crisis”. By 1932,at least 25% of american people were unemployed. In 1932, when i took the office, I promised the people during the inauguration that i will face the dark side of the situation and save them from it. I started with stabilizing

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