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Hooverville
The Great Depression:
Causes:
Boom and the Bust:
Herbert Hoover & Hoovervilles:
Causes:
- Overproduction
- Stock Market
- Tariffs
- International Debt
- Weak European economy
Boom and the Bust:
- Consequences of the Depression:
- Unemployment
- Bank failures and closures
- Government changes
- More tariffs
Herbert Hoover & Hoovervilles:
- Free Enterprise
- Introduces socialist measures
- People unhappy “Hoovervilles”
- Replaced by Franklin D. Roosevelt in 1932 election
summary
FDR had great intentions to help the USA recover from the stock market crash.
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