The Great Depression
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- Hoover is Elected
- Stock Market Crash
- Breadlines
- Herbert Clark Hoover was an American politician who served as the 31st president of the United States from 1929 to 1933. A member of the Republican Party, he held office during the onset of the Great Depression.
- FDR is Elected
- The epic boom ended in a cataclysmic bust. On Black Monday, October 28, 1929, the Dow declined nearly 13 percent. On the following day, Black Tuesday, the market dropped nearly 12 percent. By mid-November, the Dow had lost almost half of its value.
- Inaugural Address
- The only thing we have to fear is fear itself
- In the spring of 1930, the bread lines did not disperse as usual. They grew. As increasing numbers of urban workers were laid off and agricultural laborers began flooding the city in search of employment, makeshift bread lines popped up all over New York; by 1931 they were serving some 85,000 meals a day.
- Franklin Delano Roosevelt, commonly known as FDR, was an American politician who served as the 32nd president of the United States from 1933 until his death in 1945. He was a member of the Democratic Party and is the only U.S. president to have served more than two terms. Wikipedia
- Assuming the Presidency at the depth of the Great Depression, Franklin D. Roosevelt helped the American people regain faith in themselves. He brought hope as he promised prompt, vigorous action, and asserted in his Inaugural Address, “the only thing we have to fear is fear itself.”
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